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Stanton House
Stanton House
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2024 Q2 Cybersecurity Funding Report

Posted on 20 August 2024

Stanton House is the leading talent partner for Cybersecurity startups in North America, specializing in GTM, and Product & Engineering hires.
Once again, we are here to provide you with a round-up of noteworthy developments from the second quarter of 2024.

In terms of Venture Capital funding, Q2 2024 was the best quarter since Q1 2022 – Globally $4.4bn was raised across 153 deals, in comparison
to $2.7bn in Q1 across 173 deals. There were notable big rounds from Wiz who raised $1bn at a $12bn valuation, Cyera who raised $300m as their
Series C, and Island who raised a $175m Series D. It definitely felt like a resurgence of late-stage funding; the first half of 2024 has seen 19 rounds
over $100m, last year saw only 20 across the entire year.

From an M&A perspective, it was a busy quarter with 20+ deals globally. Those of note include Akamai’s acquisition of Noname, Thoma Bravo’s
acquisition of Darktrace, as well as LogRhythm and Exabeam’s merger. 

Download your copy of our funding, mergers and acquisitions round-up report below. 

2024 Q2 Cybersecurity Funding Report