About Cybersecurity
There are 32.8K companies in the Cybersecurity sector across the world, with 7.49K funded companies having collectively raised $198B in venture capital money and private equity. Overall 4.28K of these are Series A+ funded and the sector has seen the creation of 132 Unicorns.
Cybersecurity sector has seen 2.45K acquisitions and 322 IPOs. This represents almost 8.5% of all such companies - which is higher than the 3.8% exit rate of tech companies in general.
This sector includes products and cloud-based services which detect, prevent, protect and respond to cyber threats and attacks on businesses, government organizations or individuals/consumers.
Cybersecurity sector is also known as Information Security or Privacy Enhancing Technology.
Companies included in Cybersecurity sector
Companies providing cyber security products (or cloud-based services) for enterprises, government organizations (B2B) or consumers (B2C). Companies excluded in Cybersecurity sector
Personal Security, Physical Security, Surveillance, GRC, Consulting, Resellers and services only.Market Map of Cybersecurity
The market map of Cybersecurity gives a visual overview of the sector, showing key business models, their interactions in the value chain, and industry evolution. Top 3 trending business models in Cybersecurity sector are Network Security, Website Security and Security Analytics.
Reports related to Cybersecurity
Here are some reports related to Cybersecurity sector:
Free
Cybersecurity - Sector Report
Edition: October, 2026 (106 Pages)
Premium
Cybersecurity Investor Landscape
Edition: December, 2024
Premium
Cybersecurity Exit Landscape
Edition: October, 2026 (15 Pages)
View all reports related to Cybersecurity. Sign up today!Top Companies in Cybersecurity
There are more than 32.8K companies in Cybersecurity. Okta is the top Cybersecurity company globally, ranked using Tracxn Score (what's this?).
Here are 5 of the top Cybersecurity companies globally:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Provider of identity management solutions for workforces, customers, and AI | San Francisco (United States) | 2009 | Public | $228M | |
Provider of cloud services for security, performance, and application development | San Francisco (United States) | 2009 | Public | $332M | |
Provider of online safety solutions for identity, privacy, and devices | Boston (United States) | 2017 | Public | $672M | |
Provider of cybersecurity platforms, threat intelligence, and incident response services | Santa Clara (United States) | 2005 | Public | $65.7M | |
Provider of cybersecurity solutions, services, and threat intelligence for enterprises | Sunnyvale (United States) | 2000 | Acquired | $39M |
Companies founded year-on-year in the Cybersecurity sector
1,040 new startups have been founded so far in 2026 in the Cybersecurity sector. 2,851 Cybersecurity startups were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 1,040 |
2025 | 1,032 |
2024 | 1,046 |
2023 | 1,125 |
2022 | 1,269 |
2021 | 1,659 |
2020 | 2,851 |
2019 | 2,223 |
2018 | 1,938 |
2017 | 1,651 |
Companies founded across countries in the Cybersecurity sector
United States has 10,369 Cybersecurity startups, the most by any country, followed by United Kingdom which has 4,104 startups and India which has 2,017.
- Total Number of Companies
Country | No. of companies |
|---|---|
United States | 10,369 |
United Kingdom | 4,104 |
India | 2,017 |
Germany | 1,057 |
Israel | 1,040 |
Canada | 910 |
China | 903 |
France | 719 |
Australia | 599 |
Netherlands | 497 |
Stage-wise distribution of the Cybersecurity sector
Out of the total 32,775 Cybersecurity companies, 7,493 have secured funding. Among them, 4,280 have reached Series A or higher, and 3,437 to Series B or beyond.
Founded - 32,775
Funded - 7,493
Series A+ - 4,280
Series B+ - 3,437
Series C+ - 3,095
Company Stage | No. of companies |
|---|---|
Founded | 32,775 |
Funded | 7,493 |
Series A+ | 4,280 |
Series B+ | 3,437 |
Series C+ | 3,095 |
Want to know more about Cybersecurity ? Signup and explore Tracxn for free
- 32.8K+ Total Companies
- $198B+ Total Funding
- 7.5K+ Funded Companies
- 320+ IPOs
- 2.5K+ Acquisitions
- 165+ Reports
Funding Trends in the Cybersecurity sector
Total funding year-on-year in the Cybersecurity sector
The Cybersecurity sector saw a total funding of more than $161B in the last 10 years. The most amount of funding was in 2021 at more than $31B. There has been a total funding of $12B in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $12B |
2025 | $17.4B |
2024 | $11.6B |
2023 | $8.64B |
2022 | $19.2B |
2021 | $31B |
2020 | $14.5B |
2019 | $24.7B |
2018 | $13.5B |
2017 | $8.21B |
Total funding across countries in the Cybersecurity sector
In the last 10 years, Cybersecurity startups in United States have recieved the highest funding among all countries - $112B. Israel follows with $11.2B and Canada with $10.2B.
- Total Funding
Country | Total Funding |
|---|---|
United States | $112B |
Israel | $11.2B |
Canada | $10.2B |
United Kingdom | $6.88B |
China | $3.79B |
France | $2.55B |
Switzerland | $1.84B |
Germany | $1.04B |
India | $1.02B |
Australia | $501M |
Total funding amount raised by stage in the Cybersecurity sector
Over the last 10 years, the Cybersecurity sector have seen $7.94B into Seed Stage funding rounds, $46.2B into Early Stage funding rounds and $64B go into Late Stage funding rounds.
Funding Stage | Total Funding |
|---|---|
Late Stage | $64B |
Early Stage | $46.2B |
Post IPO | $17.2B |
Debt | $16.4B |
Seed Stage | $7.94B |
PE | $1.08B |
ICO | $474M |
Grant | $391M |
Other-Equity | $720K |
Recent Funding Rounds in Cybersecurity
In the year 2026, till October 2026, Cybersecurity companies have raised $11.7B in equity funding across 354 rounds.
In the same period last year (i.e. till October 2025), Cybersecurity companies had raised $12.5B across 454 rounds.
So, 2026 has seen a 5.78% drop in funding in Cybersecurity companies as compared to 2025.
Here are some recent, important funding rounds in Cybersecurity:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series B | 8864 | Oct 27, 2026 | ||
Series B | 9433 | Oct 26, 2026 | - | |
Series A | 2770 | Oct 26, 2026 | ||
Seed | 3941 | Oct 23, 2026 | and 4 more | |
Series A | 4274 | Oct 22, 2026 | - |
Top Investors in Cybersecurity
Europa is the top investor in Cybersecurity companies based on number of companies invested.
Here are some top investors in Cybersecurity:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Palo Alto (United States) | ||
Mountain View (United States) | ||
Menlo Park (United States) | ||
Redwood City (United States) |
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M&A activity in Cybersecurity
In the year 2026, till November 2026, 103 acquisitions happened in Cybersecurity sector. Last year, in 2025, a total of 169 acquisitions happened in Cybersecurity sector.
Here are some recent, important acquisitions in Cybersecurity:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Nov 01, 2026 | ||
Business Acquisition | Oct 27, 2026 | ||
Business Acquisition | Oct 26, 2026 | ||
Business Acquisition | Oct 22, 2026 | ||
Business Acquisition | Oct 15, 2026 |
Acquisition trends in Cybersecurity
Here are the acquisition trends in Cybersecurity:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 103 |
2025 | 169 |
2024 | 161 |
2023 | 138 |
2022 | 187 |
2021 | 268 |
2020 | 177 |
2019 | 166 |
2018 | 163 |
2017 | 143 |
IPOs in Cybersecurity
In the year 2026, till September 2026, 7 IPOs happened in Cybersecurity sector.
Here are some recent, important IPOs in Cybersecurity:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Sep 01, 2026 | Canadian Securities Exchange (CSE) | |
Jul 09, 2026 | Australian Securities Exchange (ASX) | |
Jul 08, 2026 | Hong Kong Exchanges (HKG) | |
Jul 07, 2026 | Bombay Stock Exchange (BSE) | |
Jun 22, 2026 | Hong Kong Exchanges (HKG) |
Colleges which produce the most Cybersecurity companies
Companies founded by alumni from top colleges in the Cybersecurity sector
Most number of Cybersecurity startups have been founded by alumni from Stanford University, Tel Aviv University and Massachusetts Institute of Technology.
College | No. of companies |
|---|---|
Stanford University | 190 |
Tel Aviv University | 185 |
Massachusetts Institute of Technology | 128 |
Harvard University | 105 |
University of California (Berkeley) | 89 |
Technion Israel Institute Technology | 88 |
University of California (Los Angeles) | 67 |
Harvard Business School | 61 |
University of Cambridge | 61 |
University of Pennsylvania | 59 |
Total funding in companies founded by alumni from top colleges in the the Cybersecurity sector
In the last 10 years, Stanford University graduates' Cybersecurity companies have raised the most funding among top colleges. Tel Aviv University alumni are second, and University of California (Los Angeles) alumni are third.
College | Total Funding |
|---|---|
Stanford University | $12.7B |
Tel Aviv University | $8.48B |
University of California (Los Angeles) | $6.61B |
The Hebrew University of Jerusalem | $5.9B |
BITS Pilani | $5.9B |
INSEAD | $5.56B |
Harvard University | $5.22B |
Harvard Business School | $5.15B |
Massachusetts Institute of Technology | $5.14B |
University of California (Berkeley) | $4.94B |
Top News in Cybersecurity
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Fortinet outlines 2026 billings $9.568B-$9.718B as it raises guidance again (NASDAQ:FTNT)Seeking Alpha•Oct 29, 2026•Fortinet
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Veracode Finds First Meaningful Gain in AI Code Security Since 2025 as Average Pass Rate Hits 62%Business Wire•Oct 29, 2026•Veracode
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Fortinet Non-GAAP EPS of $0.91 beats by $0.05, revenue of $2.08B beats by $20M (NASDAQ:FTNT)Seeking Alpha•Oct 28, 2026•Fortinet
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MoneyGram Partners with AiPrise to Modernize Global Verification OperationsPR Newswire•Oct 28, 2026•MoneyGram, AiPrise
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