Smart money VCs are on pace to participate in fewer cybersecurity deals through the end of this year, compared to 2015. This year, through Q2’16, the top two dozen smart money VCs participated in nearly 30 cybersecurity funding rounds — deals that totaled $657M in aggregate.
By year-end, 2016 is on track to see roughly 50 cybersecurity deals with smart money VCs involved, deals that together are projected to account for nearly $1.2B in funding. Last year we saw these VCs involved in 56 deals worth nearly $2B.
