Israel accounts for 16 percent of global cybersecurity investment, second only to U.S.

Israel’s cybersecurity industry raised $814.5 million in venture capital and private equity investment in 2017, a 28 percent rise over 2016 that brings the country to second only to the United States, according to research by Start-Up Nation Central.

Israeli cybersecurity companies, centered in Tel Aviv, account for 16 percent of industry investment overall as of 2017. In 2014, that number was around 5 to 10 percent.

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Source: CyberScoop