Security Technology Funding in 2019 Projected To Eclipse 2018 By Far

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How is the funding environment shaping up for security technology in 2019? As we pass the mid-year mark, let's see how the year-to-date metrics compare to the historical trends. The graph below shows security technology total funding by year, stacked by quarters.

Security Technology Funding Over Time

As the graphic demonstrates, security technology has amassed $5.6B through Q1 and Q2 of this year. This amount represents 88% of the total funding in 2018, and 161% of the funding through Q2 in 2018. The top three funding events in Q2 2019 include a $500M round into Kaseya, a $300M round into KnowBe4, and a $227M round into Adjust.

A straight-line projection of the completed funding this year would result in $11.2B, which is a whopping 175% of the total 2018 funding. On the other hand, a weighted quarterly average projection of 2019 funding would result in $10.3B, which exceeds the total 2018 funding by 61%. Therefore, based on the mid-year data, security technology funding in 2019 is projected to dwarf the funding in 2018.

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