The new funding and deal highs in 2015 were bolstered by several large mega-rounds to well-funded companies like Tanium, Cloudflare, and Tenable.

Cybersecurity is increasingly a hot sector for investment, as more valuable information migrates to digital channels and the cloud, and corporations continue to suffer high-profile data breaches. We used CB Insights data to take a look at the overarching financing trend in cybersecurity, as well as top geographies.

Cybersecurity startups have experienced consistent year-over-year growth in funding and deals since 2011. In 2011, for example, deals were at 166 for the year. That figure doubled to 332 in 2015.

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In dollar terms, investment has grown from $1.1B to $3.8B, which is 235% growth over 5 years. The all-time high funding total in 2015 was bolstered by large rounds to well-funded companies including Tenable Network Security‘s $250M Series B and Tanium‘s $120M Series G.

Tanium saw two rounds in the year, and had its valuation double to $3.5B over just two quarters, from the Q1’15 Series F (with Andreessen Horowitz as the sole investor) to its Q3’15 Series G (which included Andreessen Horowitz but also Institutional Venture Partners and TPG Growth).


Cybersecurity Yearly Funding Trends


Cybersecurity investment: geographic trends

Cybersecurity deals skew heavily toward the United States, which accounted for 77% of all deals. The next most active geography for deals was Israel, which took 7% of deals. The UK and Canada each saw 3% of deals made in the space since 2011.


Cybersecurity Deals Geo