Authentication, identity management start-ups lead 2019 VC investing

By GIXnews

The red-hot venture capital (VC) investment trend for cybersecurity start-ups turned white hot during 2019, with the number of investments deals in “pure-play” cybersecurity companies soaring from 2018 levels. According to one set of numbers, the Venture Monitor report produced by Pitchbook for the National Venture Capital Association (NVCA), the cybersecurity sector is attracting “unprecedented levels of VC deal-making.”

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The goal of all this deal-making is to cash out wisely when companies are either acquired or go public on the stock exchange. Like VC spending, 2019 was a major year for cybersecurity acquisitions, with more than 150 deals totaling more than $23 billion taking place.

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Source:: IT news – Security