April 15 2018
Israel accounted for the second-largest number of cybersecurity deals globally, behind the US and ahead of the UK, a new report compiled by New York data firm CB Insights shows.
The report shows that Israel accounted for seven percent of the cybersecurity global deal share in the years 2013-2017, still way behind the US, which accounted for 69% of the global deal share, but higher than the UK, which accounted for 6% of the pie. Canada accounted for 3% and China for 2% of the global deal share, the report showed.
The report selects 29 cybersecurity startups — which it calls cyber defenders — who are early- to mid-stage “high-momentum companies pioneering technology with the potential to transform cybersecurity,” the report said.
Out of these, six are Israeli firms, ranking the so-called Startup Nation with the second-highest concentration of cyber defenders, after the United States.