Infosec remains resilient in the face of COVID-19 – Digitalmunition

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Published on August 14th, 2020 📆 | 3808 Views ⚑


Infosec remains resilient in the face of COVID-19

The pandemic has caused a flight to quality in information security, with late-stage VC investments outstripping early-stage activity and deal value staying strong. Infosec companies raised $1.9 billion in venture funding last quarter, driven mostly by large deals in a few key segments, including data security and security operations.

Infosec as a whole is estimated to be a $124 billion market this year, according to PitchBook’s Emerging Tech analysts, and growth is expected to continue in security software despite the coronavirus. Other key findings in our newest report include:

  • VC exit activity was minimal, with 14 deals and $173 million in disclosed value in Q2—both the lowest totals since Q4 2016
  • PE firms completed only one buyout last quarter, but they’re well-positioned to pick up discounted assets in a recovery
  • Infosec has a better outlook than IT overall this year, as leading incumbents have maintained or improved revenue forecasts as of Q1 earnings

If you have any questions or feedback about the research, we’d love to hear from you: analystresear[email protected]

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