Cybersecurity start-ups raised $3bn (£2.3bn) in the first half of this year, according to investment firm Momentum Cyber.

Q1 saw $963m raised, while Q2 brought in $2.08bn. The number of deals was however split evenly, with Q1 seeing 103 investments and Q2 seeing 106.

Q2 saw the largest total investment value since Momentum started tracking cybersecurity investment in Q1 2010, when the figure stood at just $197m.

If the rate of investment continues, 2018 will top the $5.3bn raised in the entire of 2017.

The most active security areas, according to Momentum, were: identity and access management, data security, risk and compliance, and threat intelligence.

Momentum Cyber has published a list of the top beneficiaries in H1, from which CRN has researched and profiled the top 10.

10. Fairwarning – $60m

This Florida-based firm announced its first round of funding in June, raking in $60m from California-based equity firm Mainsail Partners.

Founded in 2005, Fairwarning offers cloud application security services designed to protect tech including Salesforce and Office 365.

On its website Fairwarning claims to manage $650bn-worth of assets and 8,500 healthcare facilities.

The firm counts UK-based ITHealth and Capita among its key channel partners.

Read More