Altitude Cyber | January 2024 Cybersecurity Market Review

Altitude Cyber is pleased to provide you with our Cybersecurity Market Review for January 2024. This report highlights trends in mergers and acquisitions, private equity, public markets, company valuations, industry news, upcoming conferences, sector trends, and much more.

Strategic activity in January 2024 included 79 transactions totaling $15.0B in disclosed deal values across financing (59 deals, $968M) and M&A (20 deals, $14.0B).

Key highlights in the month include the following:

Financing Update

• 59 Financing Deals were announced with total deal volume of $968M
• Key deals this month include Quantinuum ’s $300M Early Stage raise, Silverfort ’s $116M Series D raise, and ExtraHop ’s $100M PE Growth raise
• The most active sectors for financings included Risk & Compliance, Data Security, and SecOps / IR / Threat Intel

M&A Update

• 20 M&A Deals were announced with total disclosed deal volume of $14.0B across 2 disclosed deals
• Key deals included 惠普企业服务 ’s acquisition of 瞻博网络 for $14.0B, Mimecast ’s acquisition of Elevate Security (acquired by Mimecast) , and Delinea ’s acquisition of Authomize, now part of Delinea
• The most active sectors for M&A in January were Security Consulting, Network & Infrastructure Security, and Application Security

If you're interested in discussing this report, exploring our insights into the Cybersecurity industry, or addressing any strategic advisory needs you may have, drop me a line.

Best // Dino

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