IBM, Orange and Prosegur invest in cybersecurity

Cybersecurity has become a sector of great interest to investors in recent years. Valuable company information is migrating to digital channels and the cloud and companies are experiencing data breaches that can have many consequences for their business. From 2011 to 2015 the number of funding rounds in the cybersecurity space has doubled from 166 to 332 and the volume has increased from $1.1B in 2011 to $3.8B in 2015.

Big tech firms make purchases in 2016 to gain a foothold in cybersecurity sector

In the past two months we have witnessed large companies seeking to strengthen their position in the cyber security market.

So in March IBM announced the purchase of Resilient Systems as part of its strategy to expand its capabilities in the incident response market.

The purchase will make IBM the industry's first platform capable of combining analytics, forensics, vulnerability management and incident response, as Resilent offers its clients a plan to deal with attacks after they occur.

IBM has also just launched IBM X-Force Incident Response Services to help clients plan, manage and respond to cyber-attacks, in which the Resilent platform will be a key component.

 Last April, Orange bought Lexsi, a cybersecurity company specialising in "threat intelligence" owned by Argos Soditic.

Orange has identified cybersecurity as one of its strategic priorities, has a subsidiary, Orange Cyberdefense, with more than 1,000 employees with expertise in different aspects of cybersecurity and has a customer base of more than 600 customers.

In Spain, Prosegur bought in March the Portuguese firm Dognaedis, which provides managed information security and data protection services. The company has clients primarily in the financial and telecommunications sectors, and also provides cybersecurity services for governments and defence departments.

Prosegur's Cybersecurity area is experiencing strong development since its implementation in 2014. With a presence in four countries, this division expects to double its workforce in 2016. Currently, the services Prosegur offers in the field of cybersecurity include: managed security, including monitoring and correlation with latest generation SIEM technology, vulnerability management, application security analysis, permanent protection of any brand on the Internet and cyber intelligence, which also includes protection against digital fraud. 
 

Cybersecurity grand rounds in 2015

Investment in cybersecurity companies has grown from 2011 to 2015 from $ 1.1B to $ 3.8B, a growth of 235 % in the last 5 years. This increase is due, among other things, to the fact that large rounds were closed in 2015. 

The cybersecurity firm for business and government network security monitoring, Tenable Network Security, based in Maryland, raised $$250 M in a round led by Insight Venture Partners. The round will be used for product development and international expansion. 

Tanium, a network protection startup, raised $211M in 3 rounds of funding in 2015. Investors include Andreessen Horowitz

Other posts that may interest you

Cybersecurity, a market with a lot of potential

Investors turn their attention to cybersecurity: Buguroo and Alientvault

Prosegur goes on a buying spree: Miv Gesión, Dognaedis and SBV Services.

If you are looking for financing, please contact us. Call + 34 946424142 or fill in the contact form.