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January 20, 2020

Israel’s cybersecurity startup scene spawned new entrants in 2019

Yoav Leitersdorf
Contributor

Yoav Leitersdorf is the Silicon Valley-based Managing Partner at YL Ventures, where he accelerates cybersecurity startups in the U.S. market.

Ofer Schreiber
Contributor

Ofer Schreiber is partner and head of Israel Office at YL Ventures, where he seeds and accelerates cybersecurity startups.

As the global cybersecurity market becomes increasingly crowded, the Start Up Nation remains a bulwark of innovation and opportunity generation for investors and global cyber companies alike. It achieved this chiefly in 2019 by adapting to the industry’s competitive developments and pushing forward its most accomplished entrepreneurs in larger numbers to meet them.

New data illustrates how Israeli entrepreneurs have seized on the country’s reputation for building radically cutting-edge technologies as the number of new Israeli cybersecurity startups addressing nascent sectors eclipses its more traditional counterparts. Moreover, related findings highlight how cybersecurity companies looking to expand beyond their traditional offerings are entering Israel’s cybersecurity ecosystem in larger numbers through highly strategic acquisitions.

Broadly, new findings also reveal the Israeli cybersecurity market’s overall coming of age, seasoned entrepreneurial dominance and greater appetite for longer-term visions and strategies — the latter of which received record-breaking investor backing in 2019.

Breaking records

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