Cybersecurity funding continues to fall in Q2’22, with investment declining for the second consecutive quarter.
Global cybersecurity funding dropped 32% QoQ to $4.4B in Q2’22, hitting its lowest level since 2020. Mega-round ($100M+) investment also plummeted, sliding below 50% of the total funding raised for the first time in more than a year.
Below, check out some of the highlights from our 103-page, data-driven State of Cybersecurity Q2’22 Report. For deeper insights, all the figures, and a ton of private market data, download the full report.
Here are some of the highlights from the State of Cybersecurity Q2’22 Report:
- Funding from mega-rounds fell sharply, dropping 46% QoQ to $1.9B. This is the first time the total has dropped below 50% since 2020.
- Reflecting wider venture market trends, early-stage deal share grew to 60%, the highest level in two years.
- There were 26 M&A deals in cybersecurity this quarter, a 16% QoQ decline, as firms adjusted to tougher public market conditions.
- While the number of cybersecurity unicorns continues to grow, unicorn births fell 27% QoQ. The 8 newly minted unicorns bring the cybersecurity herd to a total of 74 — three-quarters of which are US-based.
