Return on Security reposted this
💰 Security, Funded issue #167 from Return on Security is out! What happened last week in the cyber industry by the numbers: - 15 companies raised $271.9M across 14 unique product categories - 6 countries were represented - 6 companies were acquired or had a merger event - 87% of funding went to product-based cybersecurity companies - No public cyber company had an earnings report General market vibes: - The Magnificent 7 started earnings last week, which pushed a lot of the tech sector downwards - The US market economy showed strong signs of recovery and growth compared to other developed nations - Look for huge amounts of volatility with the US Presidential Elections coming up - The Q3 2024 cyber earnings season starts this week🍿 #ReturnOnSecurity #SecurityFunded #venturecapital #funding #acquisitions