Israel’s Cybersecurity Boom Continues
Israel’s cybersecurity sector achieved a 56% increase in funding in 2024, raising USD 3.79 billion, up from USD 2.42 billion in 2023, according to a Cybertech Global and IVC report.
The industry’s resilience amid geopolitical and economic challenges highlights Israel’s continued dominance in global cybersecurity innovation.
Early-stage investments grew, with 58 seed deals, reflecting a 9.5% increase, but Series A and B rounds declined by 21% and 36%, respectively, signaling hurdles in mid-stage funding. However, late-stage funding saw significant gains, with Series C rounds up 40% and advanced-stage investments also rising by 40%, emphasizing the sector’s maturation.
Despite increased funding, exit values fell 37% to USD 4.39 billion, down from USD 7.1 billion in 2023, as mergers and acquisitions drove most transactions while IPOs remained scarce. With strong foreign investment and a dynamic mix of emerging startups and established players, Israel’s cybersecurity sector continues to lead on the global stage.
Read more in Calcalist.
