August 11, 2015
Investors continue to pour cash into cyber-security ventures hoping for big initial public offering payoffs, but workforce issues and technology complexity add to the risk.
Driven by a seemingly unending parade of breaches, investors looking for the next big score—the rare “unicorn” company that becomes valued at $1 billion or more—are pouring money into security startups and early-stage ventures.
So far in 2015, cyber-security firms received more than $1.2 billion in nearly 100 funding deals in the first two quarters, putting the year on track to match last year’s record pace, according to investment tracking firm CB Insights. Over the past eight quarters, investors put more the $4.6 billion into cyber-security firms, the firm stated.