Earlier this month, U.S. President Barack Obama announced he is looking to implement a Cybersecurity National Action Plan with aims of enhancing cybersecurity awareness and protections. As part of the initiative, the Obama administration has proposed investing over $19 billion for cybersecurity as part of the 2017 budget, a potential 35% YoY increase in overall government resources allocated to the space.
Global VC investors set a record for investment in cybersecurity in 2015, participating in $3.65 billion worth of financings, according to PitchBook data. With capital invested rising steeply over the past five years, we broke down our data to find the most active VCs within the sector: Here are the top six.
PitchBook users can click here to access our full data on venture investment in cybersecurity since 2013.