Security Startup Ecosystem
Venture activity is starting to heat up in the security space:
VC put nearly $3 billion into cyber security companies between 2011 and 2013, resulting in new funding for some 300 firms
more than a dozen security startups have IPO’d since 2011
according to figures from AGC Partners, some 115 security companies were involved in mergers or acquisitions last year
To get a better understanding of the security startup ecosystem, I have a document that I’ve started using to organize my learning and research about new security startups.
https://docs.google.com/spreadsheets/d/182XwIqnCnlmaPdkPskfRYPqMho2vNFYZngeEsKw_EL0/edit?usp=sharing
I break these startups down in to two broad (potentially overlapping) categories: those that are improving or building upon an existing security offering in some way, and those that are creating something truly new, perhaps a new service offering all together.
Like the Chicago VC Ecosystem document, this is also a work in progress. As I uncover new startups in the IT security space, I will continue to update this document.