Cybersecurity Startup Funding 2025-2026

What are all the funding deals in the cybersecurity market from July 2025 to June 2026?

The table below lists every disclosed equity round raised by pure-play cybersecurity companies between July 2025 and June 2026. We count as “pure-play” cybersecurity companies those whose primary purpose is to protect digital systems, data, and users from cyber threats.

Each row shows the company, what it does, its category, the deal date, the funding stage, the round size, the region, and the main investors. For a wider view of how cybersecurity fits inside the broader security software and services opportunity, we cover it in our Cybersecurity market report.

How active has fundraising been in the cybersecurity market?

As of June 2026, fundraising in the cybersecurity market has been active on deal count and large on dollars. Over the past 12 months, companies raised 96 disclosed equity rounds and $4.19B combined, which works out to 8.0 deals per month.

The cybersecurity market did not depend on repeated raises by the same companies. The dataset includes 96 unique companies, so the activity reflects a broad flow of separate funding targets rather than a small group returning to market.

Capital flow was much less even than deal flow. Monthly funding averaged $348.8M, but March 2026 alone produced $908M across 14 deals, while June 2026 was partial and showed only one disclosed deal.

The median monthly deal count was 9.0, which confirms that the activity level was not driven by one noisy month. Still, monthly dollars should be read with caution because December 2025 reached $745.7M largely because of Saviynt’s $700M round.

For more context on why this market remains active, see our cybersecurity market report.

How concentrated has fundraising been in the cybersecurity market?

As of June 2026, fundraising in the cybersecurity market is meaningfully concentrated, but not fully winner-take-all. Over the past 12 months, the largest deal accounts for 16.7% of capital, the top 3 deals reach 30.8%, and the top 10 deals reach 53.1%.

Saviynt’s $700M Series B is the largest round in the dataset and alone explains a large part of Identity Security’s lead. This number should not be read as typical of cybersecurity funding.

The concentration is visible, but less extreme than in markets where one or two mega-rounds define the whole dataset. The top 5 deals account for 40.0% of dollars, leaving a large mid-market funding layer below the biggest rounds.

This means total fundraising headlines can still mislead. A better reading is that cybersecurity funding was broad in company count, while capital conviction concentrated around a few platform-style winners.

How much of the cybersecurity funding signal is driven by outliers?

As of June 2026, outliers drive a large share of the cybersecurity funding signal, but they do not erase the rest of the market. Over the past 12 months, 18 of 96 rounds were above $50M, and those rounds lifted total disclosed capital to $4.19B.

Excluding rounds above $50M reduces disclosed capital from $4.19B to $1.42B. That means the normal sub-$50M cybersecurity market is much smaller than the headline total suggests.

The median round size is $19.5M, while the average is $43.6M. That gap is a simple warning that the average company did not raise anything close to the average round.

Only 8 rounds were above $100M, equal to 8.3% of deal count. The cybersecurity market therefore has a broad base of smaller rounds and a narrow top layer of scale financings.

Is the cybersecurity market broad with many targets, or narrow with few fundable companies?

As of June 2026, the cybersecurity market is broad with many fundable targets. Over the past 12 months, 96 unique companies raised 96 disclosed equity rounds, so the dataset does not show a repeat-fundraiser bottleneck.

The category spread confirms this breadth. Identity Security had 30 deals, Application Security had 26, Managed Security Services had 17, Endpoint Security had 13, Cloud Security had 7, and Network Security had 3.

That said, breadth does not mean equal investor conviction. Identity Security captured 42.6% of disclosed capital, while Network Security captured only 1.3%, even though both are part of the cybersecurity market.

The right reading is a broad opportunity set with selective capital intensity. Investors funded many cybersecurity companies, but they reserved the largest checks for categories that can own identity, cloud, SOC, or application-risk control points.

Is cybersecurity mostly an early-stage formation market or a late-stage scaling market?

As of June 2026, the cybersecurity market has early-stage deal volume but late-stage capital weight. Over the past 12 months, Seed and Series A rounds represented 61.5% of disclosed deals, while Series B and later rounds captured 70.6% of capital.

Seed rounds were abundant but financially light. They accounted for 28 deals and $328.3M, or 29.2% of deals but only 7.8% of disclosed capital.

Series B is the real financing hinge in the cybersecurity market. It produced only 18 deals, but those deals raised $2.22B, equal to 53.1% of total disclosed capital.

This suggests investors were willing to test many early hypotheses, but serious capital arrived after companies showed platform potential. In cybersecurity, the round label matters less than whether the company can become a system of record or control plane.

We cover the stage split in more detail in our deeper analysis of the cybersecurity market.

Which categories attract the most investor attention in cybersecurity?

As of June 2026, Identity Security attracts the most investor attention in cybersecurity. Over the past 12 months, the category produced 30 deals and $1.78B, equal to 31.3% of deal count and 42.6% of capital.

Application Security is the second-largest category by deal count, with 26 disclosed rounds. But it raised $725.4M, or 17.3% of capital, which makes it active but more fragmented.

Managed Security Services also matters, with 17 deals and $831.8M raised. The category is being funded less like old labor-heavy services and more like automated SOC, MDR, and offensive-security infrastructure.

Cloud Security is small by count but strong by check size. It had only 7 deals, yet captured $443M and the highest capital-share-to-deal-share ratio in the dataset.

Which categories attract disproportionately large checks in the cybersecurity market?

As of June 2026, Cloud Security and Identity Security attract disproportionately large checks in the cybersecurity market. Over the past 12 months, Cloud Security had a capital-share-to-deal-share ratio of 1.45, while Identity Security reached 1.36.

Cloud Security shows the clearest capital intensity signal. It had only 7.3% of deals but 10.6% of disclosed capital, with a $63.3M average round size and a $31M median.

Identity Security is both large and capital-efficient. It had the most deals, the most dollars, and a $59.5M average round size, helped by major governance and identity verification rounds.

Application Security and Endpoint Security moved in the opposite direction. Their capital-share-to-deal-share ratios were 0.64 and 0.62, which means investors funded many companies but generally wrote smaller checks.

For a deeper look at category quality, read our market report covering cybersecurity categories.

Which geographies matter most for fundraising in the cybersecurity market?

As of June 2026, North America matters most for cybersecurity fundraising by a wide margin. Over the past 12 months, the region captured 55 of 96 deals and $2.98B, equal to 71.3% of all disclosed capital.

The Middle East is the second most important geography in the cybersecurity market. It produced 20 deals and $865.5M, almost perfectly balanced at 20.8% of deals and 20.7% of capital.

Europe was active but smaller-check. It had 14 deals and $222.1M, equal to 14.6% of deal count but only 5.3% of capital.

Asia-Pacific remained visible but selective, with 6 deals and $102.6M. Latin America had one qualifying deal, and Africa had no disclosed qualifying equity rounds in this dataset.

Is the cybersecurity opportunity set broad or concentrated in one hub?

As of June 2026, the cybersecurity opportunity set is broad globally but concentrated in two funding hubs. Over the past 12 months, North America and the Middle East together captured 78.1% of deals and 92.0% of disclosed capital.

North America controls the large-check layer of the cybersecurity market. Its median round size was $25M, and its average round size was $54.3M, both above Europe and Asia-Pacific.

The Middle East, effectively Israel-heavy in this dataset, punched above its weight. It matched its deal share and capital share almost exactly, which means the region was consistently fundable rather than distorted by one small set of deals.

Europe and Asia-Pacific remain important, but their capital shares are much smaller. The cybersecurity market is global in formation, yet still U.S.-centric and Israel-heavy in scale financing.

For more geographic context, see our full market deck on cybersecurity fundraising.

Is cybersecurity a market of small experiments or scaled financings?

As of June 2026, cybersecurity is both a market of small experiments and scaled financings. Over the past 12 months, 78 of 96 disclosed rounds were below $50M, but 18 rounds above $50M captured most of the dollar narrative.

The size distribution shows the barbell clearly. There were 9 deals below $5M, 39 deals from $5M to below $20M, 30 deals from $20M to $50M, and 18 deals above $50M.

A $20M round is close to the market’s median signal. Anything below that should be read as early validation, while anything above $50M usually signals belief in platform potential.

The market is therefore not simply “booming” across all companies. It is selectively aggressive around teams that can own identity governance, cloud runtime, AppSec posture, or SOC workflows.

If you want to go deeper on this funding barbell, explore our cybersecurity market report on funding patterns.

Who are the investors that appear the most in cybersecurity fundraising?

As of June 2026, only 11 investors appear in more than one disclosed cybersecurity round. Over the past 12 months, Ballistic Ventures, Battery Ventures, Felicis, and Paladin Capital Group led the repeat list with 3 deals each.

Several investors appeared twice, including Bain Capital, Crosspoint Capital, Greylock, Insight Partners, Norwest Venture Partners, Notable Capital, and TLV Partners. That is a modest repeat-investor layer for a 96-deal dataset.

The pattern suggests broad participation rather than a market controlled by one syndicate. Specialist cyber investors still matter at category formation and early scaling, while larger generalist or growth capital appears more visibly in the biggest rounds.

One important caveat: round announcements rarely disclose how much each investor personally contributed. So any investor-dollar reading should be treated as co-participation in a round, not as a direct check-size estimate.

Who is the author of this content?

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