News & Insights
Blumberg Capital portfolio news, startup growth resources and industry insights
Israeli Cyber Security Companies Are on The Rise
Jun 13, 2018
Israeli cybersecurity firms have raised an approximate $814.5 million in 81 deals in 2017 in both venture capital funds and private equity deals, according to a new report on Israel’s cyber sector by Start-Up Nation Central. This is a record-breaking amount for the third year in a row and has even exceeded 2016 investments by 28 percent. Israel’s cybersecurity industry comes second only to the United States, and accounts for around 16 percent of the overall cybersecurity investments made worldwide, and has slightly increased its share from 2016 when its share was around 15 percent.