Top VC Firms in Cybersecurity for 2022

Whether it’s a startup or established organization seeking funding, the right venture capital (VC) firm can make the difference in financial and operational success.

Navigating the funding landscape takes time, preparation, and the innovative spirit to convince VC partners to invest in a new or unrecognized business opportunity. Achieving funding is no simple task, and cybersecurity entrepreneurs have a difficult path competing in a complex and competitive landscape.

Luckily for cybersecurity startups, there’s no shortage of interest in tomorrow’s next big security vendors. Investments in cybersecurity more than doubled from $12 billion to $29.5 billion in 2021, and growing concerns over data security, software supply chains, and ransomware suggest the market will remain strong through economic ups and downs.

This article looks at the top VCs in cybersecurity, a selection of investments, and considerations for entrepreneurs trying to develop an idea or scale a business.

Table of Contents

Top Cybersecurity Venture Capital Firms

AccelForgepointNEASequoia
AllegisCyberGreylockNightDragonShasta
a16zInsightNorwestTenEleven
BVPKleiner PerkinsPaladinTiger Global
EvolutionLightspeedRedpointYL Ventures
Accel logo.

Accel

Launched in 1983, Accel specializes in the growth stage and early funding opportunities, with an impressive investment portfolio in cybersecurity and beyond. Formerly known as Accel Partners, the Palo Alto-based company is a top-tier VC firm investing in consumer and enterprise solutions for segments like SaaS, fintech, hardware, media, and IT services. Accel’s largest presence is in the Bay Area with sizable teams in London and Bangalore.

Notable cybersecurity exits for the company include Forescout, Imperva, Webroot, Tenable, and Crowdstrike; and Accel’s other successful investments include Atlassian, Cloudera, Etsy, and Meta.

Accel Investments

CompanySectorYearStatus
1PasswordPassword security2019Private
SnykDevSecOps2018Private
CrowdstrikeEnterprise security2013NASDAQ: CRWD
Code42Cybersecurity software2012Private
TenableVulnerability scanning2012NASDAQ: TENB
WebrootCybersecurity software2005Acquired: Carbonite
ImpervaEnterprise security2002NYSE: IMPV
ForescoutZero trust2001NASDAQ: FSCT
AllegisCyber logo.

AllegisCyber Capital

AllegisCyber Capital was founded in 1996 to serve the growing cyber business ecosystem. AllegisCyber’s expertise lies in addressing cybersecurity challenges, and its portfolio shows, focusing on seed and early-stage investments. Partnering with two other top VCs, the AllegisCyber platform engages entrepreneurs through the start-up foundry, DataTribe, and growth stage firm, NightDragon.

Notable cybersecurity exits for the company include E8 Security, IronPort, and Shape Security; and AllegisCyber’s other successful investments include Bracket Computing, Moki, Platfora, and Solera Networks.

AllegisCyber Investments

CompanySectorYearStatus
VicariusVulnerability management2022Private
DragosICS and OT security2021Private
Safeguard CyberRisk management2021Private
CyberGRXRisk management2019Private
SignifydFraud protection2018Private
RedOwlSecurity analytics2015Acquired: Forcepoint
a16z logo.

Andreessen Horowitz (a16z)

Andreessen Horowitz – abbreviated to a16z – is one of the world’s most active VC firms and specializes in biology and health, crypto, consumer, and enterprise sectors. Founded in 2009, a16z already has an extensive track record of success, investing in over 500 companies and producing 160 exits. In addition to being a leading investor, a16z offers a bundle of resources for interested entrepreneurs.

Notable cybersecurity exits for the company include Okta, CipherCloud, and SignalFx; and a16z’s other successful investments include Apptio, Asana, Box, PagerDuty, Intrinsic, and Stack Overflow.

a16z Investments

CompanySectorYearStatus
IsovalentCloud security2020Private
IllumioCloud security2015Private
SignalFxMonitoring2015Acquired: Splunk
CipherCloudCloud security2012Acquired: Lookout
LookoutMobile security2011Private
Bessemer Venture Partners logo.

Bessemer Venture Partners

Over a century in the making, Bessemer Venture Partners is another top-tier VC firm boasting over 130 IPOs in the last 50 years. Specializing in seed and Series A opportunities, the San Francisco-based firm has an extensive consumer, enterprise, and healthcare investments portfolio. As a leading VC, BVP offers budding companies plenty to consider, with a set of roadmaps and tools for today’s technologies and market complexities.

Notable cybersecurity exits for the company include VeriSign, Auth0, PagerDuty, and Verodin; and BVP’s other successful investments include LinkedIn, Pinterest, Shopify, Twitch, and Yelp.

BVP Investments

CompanySectorYearStatus
VerodinCybersecurity analytics2018Acquired by FireEye
Kenna SecurityRisk management2018Acquired by Cisco
PhishMeIncident response2016Acquired: P.E.
PagerDutyOperations performance2014NYSE: PD
Auth0Identity management2014Acquired: Okta
Evolution Equity Partners logo.

Also read: Addressing Remote Desktop Attacks and Security

Evolution Equity Partners

Born from two board members of AVG Technologies, Evolution Equity Partners started in 2008 to help US and European-based entrepreneurs in cybersecurity, enterprise software, and consumer-enterprise crossover segments. Headquartered in NYC and Zurich, Switzerland, EEP has a smaller but impressive portfolio of companies. Evolution currently invests in companies between North America, Europe, and Israel, for seed up to growth stages.

Notable cybersecurity exits for the company include AVG Technologies, Cognitive Security, OpenDNS, and Carbon Black.

EEP Investments

CompanySectorYearStatus
SatoriDataSecOps2021Private
BluBracketSoftware supply chain2021Private
Cape PrivacyData security2021Private
ZecOpsDigital forensics2019Private
SecurityScorecardRisk ratings2017Private
Carbon BlackSecurity software2015Acquired: VMware
AVGAntivirus software2015Acquired: Avast

Forgepoint Capital

Founded in 2015, Forgepoint Capital is another top-tier VC firm dedicated to securing the digital future through investments in transformative companies. The cloud and infrastructure software-focused company – spun off from veteran firm Trident Capital and previously known as Trident Capital Cybersecurity (TCC) until 2018 – leans towards early partnerships but serves every funding stage with a hands-on approach to working with entrepreneurs. Forgepoint’s investments typically range between $5 to $50 million per company.

Notable cybersecurity exits for the company include Area 1 Security, Attivo Networks, IronNet Cybersecurity, and Qualys.

Forgepoint Investments

CompanySectorYearStatus
NonameAPI security2021Private
ErmeticAttack surface management2021Private
QualysSecurity and compliance2020Nasdaq: QLYS
HuntressManaged detection and response2020Private
Bishop FoxAttack surface management2019Private
BehavioSecBiometrics and authentication2018Acquired: LexisNexis
Attivo NetworksIdentity solutions2017Acquired: SentinelOne
IronNet CybersecurityNetwork security2015NYSE: IRNT
Greylock Partners logo.

Greylock Partners

Formed in 1965, Greylock Partners has a long history of investing in enterprise and consumer software for seed and early-stage and beyond. With a team of investors, functional specialists, and business operations consultants, Greylock offers entrepreneurs across business and IT sectors the resources to scale. Formerly located in Cambridge, Massachusetts, Greylock migrated headquarters to Menlo Park, California, in 2009.

Notable cybersecurity exits for the company include Okta, Palo Alto Networks, and Skyhigh; and Greylock’s other successful investments include Airbnb, Coinbase, Dropbox, Meta, Roblox, and Workday.

Greylock Partners Investments

CompanySectorYearStatus
Abnormal SecurityCloud email security2019Private
SqreenApplication security2019Acquired: Datadog
DemistoSOAR2018Acquired by PAN
SkyhighCloud security2012Acquired: McAfee
OpenDNSInternet security2009Acquired: Cisco
Palo Alto NetworksCloud and network security2006NYSE: PANW
Insight Partners logo.

Insight Partners

New York-based Insight Partners is a top VC firm serving international entrepreneurs across the spectrum of technology sectors. Insight’s portfolio goes beyond cybersecurity, serving IT verticals in data, fintech, healthcare, and logistics. Launched in 1995, Insight’s record includes more than 600 direct investments resulting in over 200 acquisitions and 100 strategic exits. Insight has a remarkable $90 billion in assets under management (AUM), and a combined $30 billion in capital commitments.

Notable cybersecurity exits for the company include BeyondTrust, Duck Creek Technologies, New Relic, and Tenable; and Insight’s other successful investments include Alibaba Group, BMC, Cvent, DocuSign, SolarWinds, Tumblr, and Twitter.

Insight Investments

CompanySectorYearStatus
Perimeter81VPN and zero trust2020Private
WizCloud security2020Private
OneTrustPrivacy management2019Private
DarktraceAI network security2017Private
Recorded FutureThreat intelligence2017Acquired: Insight
ThycoticAccess management2015Private
CheckmarxApplication security2015Acquired: P.E.
MimecastEmail security2012Nasdaq: MIME
Kleiner Perkins logo.

Read more: Best Next-Generation Firewall (NGFW) Vendors

Kleiner Perkins

Menlo Park-based Kleiner Perkins is a seed, early-stage, and growth VC firm with a long list of successful exits in its 50-year history. Kleiner Perkins has proven to find market potential and emerging technologies through each decade. Over 900 investments later, the firm continues to target entrepreneurs in consumer, enterprise, hard tech, healthcare, and fintech segments.

Notable cybersecurity exits for the company include AppDynamics, Netscape, and Palo Alto Networks; and Kleiner Perkins’ other successful investments include Amazon, EA, Google, Square, Sun Microsystems, and Twitter.

Kleiner Perkins Investments

CompanySectorYearStatus
ApiiroCode risk platform2020Private
OpenRavenData security2020Private
Area 1Cloud email security2014Private
GoogleWeb services1999Nasdaq: GOOG
Juniper NetworksNetwork infrastructure1996NYSE: JNPR
NetscapeInternet services1994Acquired: Yahoo!
Lightspeed logo.

Lightspeed Venture Partners

In 1999, four investment professionals founded Lightspeed Ventures to serve entrepreneurs in enterprise and consumer markets. Lightspeed’s enterprise sectors beyond cybersecurity include big data, SaaS, crypto, and IT services. Two decades later, Lightspeed is a prominent VC with an international presence investing in companies across five continents and 16 IT solution sectors. Partnering with over 400 companies in its tenure, a third have been acquired or gone public.

Notable cybersecurity exits for the company include Avi Networks, Fireglass, and Zscaler; and Lightspeed’s other successful investments include Alooma, AppDynamics, Brocade, GrubHub, Masergy, MuleSoft, Nutanix, and Snap.

LVP Investments

CompanySectorYearStatus
ExabeamUEBA2021Private
Cato NetworksSASE2020Private
ConflueraCloud XDR2019Private
AquaContainer security2017Private
NetskopeSASE2017Private
ZscalerZero trust2012Nasdaq: ZS
SailpointIdentity management2007Private
NEA logo.

New Enterprise Associates (NEA)

New Enterprises Associates, referred to as NEA, is another leading VC committed to IT entrepreneurs in technology and healthcare. Started in 1977, today, the firm boasts a bi-coastal presence, with priority offices in Menlo Park, San Francisco, New York, and Washington, DC. NEA’s long history includes working with more than 800 companies, over half of which are now public or acquired business units.

Notable cybersecurity exits for the company include Bitglass, Cleversafe, and Cloudflare; and NEA’s other successful investments include Acquia, BlueJeans, Coursera, MongoDB, NGINX, Pentaho, Robinhood, and Upwork.

NEA Investments

CompanySectorYearStatus
Beyond IdentityIdentity management2020Private
ExpelManaged security service2016Private
TigeraZero trust for K8s2016Private
IntrinsicApplication security2016Acquired: VMware
HackerOnePenetration testing2015Private
VirtruData encryption2014Private
CloudflareCloud infrastructure2010NYSE: NET
NightDragon logo.

NightDragon

Named after the infamous string of nation-state cyber attacks during the late 2000s, NightDragon was established in 2016 by former McAfee CEO Dave DeWalt. With a portfolio dedicated to cybersecurity, safety, security, and privacy innovations, NightDragon has a smaller but impressive portfolio of exited and active companies in the security space.

Notable cybersecurity exits for the company include FireEye, ForgeRock, Forescout, Jask, Mandiant, McAfee, and PhantomCyber.

NightDragon Investments

CompanySectorYearStatus
McAfeeCybersecurity solutions2021Acquired: Intel
ClarotyIndustrial cybersecurity2020Private
Illusive NetworksThreat detection and response2020Private
JaskAutonomous SOC2018Acquired: Sumo Logic
RiskSenseVulnerability management2018Acquired: Ivanti
Phantom CyberSOAR2017Acquired: Splunk
Norwest logo.

Also read: Written IT Security Policies: Why You Need Them & How to Create Them

Norwest

With technology opportunities on the rise in the 1960s, Norwest Venture Partners started as a subsidiary of what is now Wells Fargo in Minneapolis, Minnesota. Sixty years later, Norwest calls Palo Alto and San Francisco home like many top VCs in cybersecurity. The company’s history includes over 600 company investments across consumer, enterprise, and healthcare segments in North America, India, and Israel.

Notable cybersecurity exits for the company include Agari, CyberX, FireEye, Fireglass, Galvanize, and KACE; and Norwest’s other successful investments include Apigee, BlueJeans, Brocade, LendingClub, Rackspace, Spotify, and Uber.

Norwest Investments

CompanySectorYearStatus
Obsidian SecurityCloud security and compliance2022Private
CynetEnterprise cybersecurity2018Private
Shape SecurityWeb security2018Private
CyberXIoT and ICS security2018Acquired: Microsoft
GalvanizeGovernance, risk, compliance2017Acquired: Diligent
AgariEmail security2016Private
BitglassMobile cloud security2014Private
FireEyeCybersecurity services2005Acquired: P.E.
Paladin logo.

Paladin Capital Group

Since 2001, Paladin Capital Group has been a prominent VC serving businesses as a value-added partner in North America, Europe, South America, and Australia. Though Paladin has a smaller portfolio relative to other top contenders with 75 companies, the company has a substantial stack of strategic investments in technology, telecommunications, and more. In 2008, the Washington, DC-based firm made a prudent decision by shifting its focus to cybersecurity.

Notable cybersecurity exits for the company include CloudShield, Endgame, PhishMe, RiskSense, Trustwave, and White Ops; and Paladin’s other successful investments include Cogent, Good Technology, Initiate, QuantaLife, and VistaScape.

Paladin Investments

CompanySectorYearStatus
VirtuosoCodeless software testing2021Private
VetrixSecurity scanning2020Acquired: Cloudflare
Karamba SecurityEmbedded security2017Private
AcalvioThreat deception2014Private
BugcrowdBug bounties2013Private
EndgameSecurity intelligence2013Acquired: Elastic
NeohapsisMobile and cloud security2006Acquired: Cisco
TrustwaveManaged services and IT2004Acquired: Singtel
Redpoint Ventures logo.

Redpoint Ventures

Investing in technology companies since 1999, Redpoint Ventures’ focus is on entrepreneurs in the application, blockchain, fintech, healthcare, and infrastructure sectors. Redpoint offers seed up to growth series funding with a knack for partnering with startup founders early. In all, Redpoint’s over 700 investments have led to almost 300 exits. Based in Menlo Park, California, the technology VC also has a growing funding presence in China. 

Notable cybersecurity exits for the company include Duo Security, Fortinet, and Caspida; and Redpoint’s other successful investments include Snowflake, Springpath, and Cloud.com.

Redpoint Investments

CompanySectorYearStatus
CyberhavenData security2021Private
Orca SecurityCloud security2021Private
Duo SecurityData security2015Acquired: Cisco
CaspidaThreat detection2014Acquired: Splunk
LastlineNetwork security2013Private
PindropAuthentication2013Private
ArcticWolfManaged security service2012Private
FortinetNetwork security2003Nasdaq: FTNT
Sequoia logo.

Sequoia Capital

Sequoia Capital is arguably the top VC in cybersecurity, with five decades of experience investing in some of the biggest names in IT. Outside the United States, Sequoia’s international presence includes funds specific to Israel, India, China, Southeast Asia, and Europe and serves companies across the enterprise, consumer, and technology-enabled solution sectors. From Apple and Atari to the latest in security solutions, Sequoia’s presence is undeniable.

Notable cybersecurity exits for the company include Barracuda Networks, Palo Alto Networks, and Skyhigh; and Sequoia’s other successful investments include Cisco, Google, LinkedIn, NVIDIA, Oracle, PayPal, Snowflake, and UiPath.

Sequoia Investments

CompanySectorYearStatus
WizCloud security2020Private
EvervaultDeveloper encryption2019Private
VerkadaSecurity surveillance2019Private
ArmisIoT network security2015Private
Sumo LogicThreat intelligence2014Nasdaq: SUMO
OktaIdentity management2013Nasdaq: OKTA
BarracudaEnterprise security2006Private
Shasta Ventures logo.

Read more: How Hackers Use Reconnaissance – and How to Protect Against It

Shasta Ventures

Shasta Ventures specializes in early-stage investments with a robust portfolio covering consumers, hardware, computer vision, data intelligence, infrastructure, and SaaS. Started in 2004, Shasta offers its Elevate program to help founders navigate growth with proven go-to-market methodologies. The San Francisco-based VC has almost 100 active investments and 47 exits.

Notable cybersecurity exits for the company include SentinelOne, Skycure, Watchdog, and Zenrpise; and Shasta’s other successful investments include Anaplan, Lithium, Makara, Mint.com, Nest Labs, Spiceworks, and Taskrabbit.

Shasta Investments

CompanySectorYearStatus
TrueFortZero trust platform2021Private
Cequence SecurityApplication security2019Private
SentinelOneEndpoint protection2019NYSE: S
MocanaSecurity software2019Acquired: DigitCert
ISARAQuantum security2018Private
CloudPassageSecurity automation2014Private
eSentireManaged detection and response2014Private
ZenpriseMobile device management2005Acquired: Citrix
TenEleven Ventures logo.

Ten Eleven Ventures

One of the youngest VC firms to make the list, Ten Eleven Ventures started in 2014 to invest in the best and brightest cybersecurity entrepreneurs. With just over 30 investments, the upstart VC already has an impressive track record in identifying innovative security companies and helping partners reach their exit. The San Francisco-based firm includes a team of industry and startup leaders, and a joint investment alliance with private equity firm KKR.

Notable cybersecurity exits for the company include Black Horse, Cylance, Darktrace, Hexadite, Ionic, Jask, KnowBe4, Ping Identity, Revelock, Twistlock, and Verodin.

TenEleven Investments

CompanySectorYearStatus
CywareSOAR and threat intelligence2021Private
Axis SecuritySecurity and analytics2020Private
ReliaQuestEnterprise cybersecurity2020Private
KnowBe4Awareness training2019Private
VulcanVulnerability management2019Private
Offensive SecurityPenetration testing2018Private
CylanceTech-enabled cybersecurity2015Acquired: Blackberry
Ping IdentityIdentity management2014NYSE: PING
Tiger Global logo.

Tiger Global Management

Almost twenty years after Tiger Global Management started its private equity business, the VC ranks among the most active investment firms globally. The New York-based company has an extensive presence in Asia and focuses on companies in the financial, consumer, software, and web sectors. Since 2003, Tiger Global Management has made over 900 investments with 120 exits.

Notable cybersecurity exits for the company include Crowdstrike and SentinelOne; and Tiger Global’s other successful investments include Alibaba, Block, GitLab, Glassdoor, LinkedIn, and Meta.

Tiger Global Investments

CompanySectorYearStatus
CHEQMarketing cybersecurity2022Private
SecurdenZero trust platform2022Private
ForterFraud prevention2021Private
GuardioBrowser security2021Private
DoubleVerifyFraud and web scanning2020Private
CrowdstrikeEnterprise security2020Nasdaq: CRWD
YL Ventures logo.

YL Ventures

Based in Tel Aviv and Silicon Valley, YL Ventures was launched in 2007 to bring cybersecurity innovation coming out of Israel to a global customer base. YL offers hands-on support for startup leaders in addition to an extensive network of cybersecurity industry leaders and CISOs. The Israeli security specialist boasts 23 investments with 11 exits; don’t miss the firm’s interactive map of the country’s cybersecurity startup space: CyberMap.

Notable cybersecurity exits for the company include Build Security, Hexadite, Medigate, and Seculert.

YL Ventures Investments

CompanySectorYearStatus
CycodeCode detection and response2021Private
GripSaaS cybersecurity2021Private
HuntersXDR2021Private
EnsoApplication security2020Private
TwistlockEnterprise cloud2019Acquired: PAN
Orca SecurityCloud security2019Private
HexaditeCybersecurity orchestration2019Acquired: Microsoft
AxoniusAsset management2017Private

Also read: Top Cyber Insurance Companies

An infographic collage showing the logos of the picks for top cybersecurity venture capital firms of 2022. These are the top VCs in cybersecurity.

Honorable Mention Cybersecurity VCs

  • Battery Ventures
  • Data Collective Venture Capital (DCVC)
  • Foundation Capital
  • Gula Tech Adventures
  • Index Ventures
  • Jerusalem Venture Partners (JVP)
  • Lytical Ventures
  • RRE Ventures
  • SoftBank
  • Sorenson Ventures
An infographic showing the honorable mention firms for top cybersecurity VCs of 2022, including Battey, Index, JVP, SoftBank, DCVC, GulaTech, Lytical, Sorenson, Foundation Capital, and RRE Ventures.

Top Company-Linked VCs in Cybersecurity

  • Capital One Ventures
  • Cisco Investments
  • Citi Ventures
  • Dell Technologies Capital
  • GV
  • Intel Capital
  • MassMutual Ventures
  • Microsoft Ventures
  • Salesforce Ventures
  • Samsung Next
An infographic showing the company-linked firms for top cybersecurity VCs of 2022 including Dell, GV, Intel, M12, Capital One, Cisco, Citi, MassMutual, Samsung Next, and Salesforce.

Top Seed and Early Stage VCs in Cybersecurity

  • Acrew Capital
  • Blumberg Capital
  • Boldstart Ventures
  • Charles River Ventures
  • DataTribe
  • Dreamit Ventures
  • Floodgate
  • General Catalyst
  • Wing Venture Capital
  • Y Combinator
An infographic showing the seed and early stage top cybersecurity VCs of 2022 including Blumberg, Dreamit, General Catalyst, Y Combinator, Acrew, Boldstart, DataTribe, Wing, Floodgate, and CRV.

What are Venture Capital Firms?

Venture capital (VC) firms are investment management companies dedicated to funding promising business opportunities for a specified amount of equity. With expertise in discovering talented entrepreneurs and developing business infrastructure, VCs raise exorbitant money, most often through private investors.

Venture capital firms play an essential role as engines for connecting ideas and business models with the funding necessary to develop new products and services and reach new audiences or communities.

Types of VC Funding

Though there is some variation in terminology, most entrepreneurs and VCs recognize the following breakdown in funding types and purposes.

  • Pre-Seed: Initial funding from non-institutional investors.
  • Seed: First funding stage where a VC receives an equity stake.
  • Series A: Extended development funding to bolster the company’s business model.
  • Series B: Additional financing to scale business infrastructure and market reach.
  • Series C: Proven track record justifies additional funding for continued growth.
  • Series D and E: Less frequent and strategic in addressing business growth trajectory.

Venture Capital vs Private Equity

Whereas most citizens, workers, and retirees hold some portion of the public stock market, private equity refers to equity investments made by private individuals and private equity firms. Private equity manages the entire lifecycle of private assets, from venture capital and growth equity to managed and leveraged buyouts.

Venture capital is a form of private equity focusing on early investing opportunities; meanwhile, notable private equity firms like Blackstone, KKR, and Thoma Bravo are known for post-IPO acquisitions.

Read more: How to Protect Company Data & Assets When Employees Leave

How Do VC Firms Work?

VC firms are often limited partnerships (LP) led by General Partners (GPs) and made up of a staff managing the VC fund. Through an existing or new network of investors known as Limited Partners (LP), VC funds can raise capital for investing in a general or domain-specific portfolio of companies.

An infographic showing a generic VC structure from the National Venture Capital Association.
An infographic showing a generic VC structure from the National Venture Capital Association.

Opening the Door to Outside Influence

Though funding sounds nice, many startup nightmares come to mind. When accepting VC funding, entrepreneurs are giving up some level of control over the present or future of their company. Equity is the most evident cost to bear. Still, the fine print of VC agreements could also mean additional control over a prospective Board of Directors, management, business model, and more.

VCs are ultimately accountable to the wishes of their GPs and LPs and not afraid to make decisions to their benefit. 

There’s a broad spectrum of just how active partners are in guiding or managing their investments. As VCs want their investments to succeed, hands-on partners may ask a lot of their invested companies. Founders and startup leaders can often feel the temperature and pressure rise.

Also read: Cybersecurity Outlook 2022: Third-Party, Ransomware, and AI Attacks Will Get Worse

How to Land a Round of Funding

Landing a funding round is no easy task and can take months, if not years, to achieve.

Business Model

Business models have long been the cornerstone for profiling a company commercially. By enumerating foundational business components like core operations, products and services, financing, and revenue sources, startup leaders can communicate their strategic plan for launching and growing a business in a single document or presentation.

Business Data

Data is king, and VCs only have an entrepreneur’s word to trust without it. With data offering insight into sales, KPIs, and growth rates, startup leaders can justify their funding with reliable data points. With a high failure rate, startups with existing business metrics to cite are in a superior position to earn funding.

Networking

Though an exceptional business model and data can’t hurt, they mean little without access to potential funding. Local funding opportunities and accelerator programs are convenient methods of initial financing for startups. At the same time, reaching firms like the above will mean existing connections or perseverance on top of an ironclad business plan.

With an extensive VC presence split between Silicon Valley and New York, it’s no surprise entrepreneurs lean toward starting their businesses in these locations. With proximity to multiple funding partners, opportunities to reach and earn funding are more accessible.

Timing

Timing is critical to market success in the competitive landscape, especially within the ever-evolving IT ecosystem. Go-to-market strategies are an essential indicator of investment potential, and the timing of a business’s funding proposal or launch can and does make the difference. VCs seek the most innovative and new opportunities with the rare allowance for a unique spin on traditional solutions.

Questions to Consider

  • What is the economic viability of the company?
  • How is the solution distinct in the cybersecurity industry? Proposition value
  • What are the revenue model and product deployment strategy?
  • Is the solution compatible with other popular applications and security systems?

Securing Data and Infrastructure is Hot

If the last couple of years is any indication, there is no shortage of funding for cybersecurity entrepreneurs. The above VCs and more continue to look for the latest emerging technologies across industries, and securing the next generation of IT infrastructure is hot.

Entrepreneurs with a worthwhile idea or business should consider how additional funding might further develop or expand their operation. With caution in mind, VCs can offer financial support and business and industry expertise to achieve meaningful growth and profit.

Read more: Cybersecurity Employment in 2022: Solving the Skills Gap

Sam Ingalls
Sam Ingalls
Sam Ingalls is an award-winning writer and researcher covering enterprise technology, cybersecurity, data centers, and IT trends, for eSecurity Planet, Tech Republic, ServerWatch, Webopedia, and Channel Insider.

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