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The current cybersecurity technology defenses aren’t working and startups are being created to fix the problems. Venture funds are taking notice, according to the WSJ, venture funds put nearly $900 million into U.S. cybersecurity startups, nearly matching all of last year’s total dollars invested.
Venture funding is booming, and corporations and government agencies are a big reason why. Those big-ticket customers are seeking the latest ways to ensure their networks are safe from cyber attacks, and investors are lining up to make sure they are ready to take advantage of the expanded market. In the first half of this year, venture capital firms put nearly $900 million into U.S. cybersecurity startups, nearly matching all of last year’s total dollars invested, and the sector was on pace to easily post the best mark in a decade
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