Israel’s cybersecurity startup scene spawned new entrants in 2019
As the global cybersecurity market becomes increasingly crowded, the Start Up Nation remains a bulwark of innovation and opportunity generation for investors and global cyber companies alike. It achieved this chiefly in 2019 by adapting to the industry’s competitive developments and pushing forward its most accomplished entrepreneurs in larger numbers to meet them.
New data illustrates how Israeli entrepreneurs have seized on the country’s reputation for building radically cutting-edge technologies as the number of new Israeli cybersecurity startups addressing nascent sectors eclipses its more traditional counterparts. Moreover, related findings highlight how cybersecurity companies looking to expand beyond their traditional offerings are entering Israel’s cybersecurity ecosystem in larger numbers through highly strategic acquisitions.
Broadly, new findings also reveal the Israeli cybersecurity market’s overall coming of age, seasoned entrepreneurial dominance and greater appetite for longer-term visions and strategies — the latter of which received record-breaking investor backing in 2019.
Breaking records
Yoav Leitersdorf Contributor Yoav Leitersdorf is the Silicon Valley-based Managing Partner at YL Ventures, where he accelerates cybersecurity startups in the U.S. market. More posts by this contributor A look back at the Israeli cyber security industry in 2018 Trends in Israel’s cybersecurity investments Ofer Schreiber Contributor Ofer Schreiber is…
