In 2018, Israeli startups received $1.19 billion or almost 20% of global VC investments in cybersecurity, up 47% from the previous year, according to a new report from Start-Up Nation Central. These unique insights drive the creation of new startups and new market segments, emerging with the evolution of cybersecurity and the larger IT environment. Last week, Palo Alto Networks announced its intention to acquire SOAR provider Demisto for $560 million, the largest exit for an Israeli cybersecurity startup since IBM acquired Trusteer for $800 million in 2013. Another emerging market segment consists of startups “looking to bring attacker knowledge to the defenders, help them prepare for attack days,” says Striem-Amit. This year, you can find out more about the Israeli cybersecurity ecosystem at the Israeli Cybersecurity Showcase at the RSA conference, March 4-8, and at CyberWeek in Tel-Aviv, June 23-27.

Source: Forbes February 26, 2019 15:56 UTC