Cybersecurity funding in H1 2014

European Cybersecurity startup funding raised during H1 2014.

In H1 2014, 34 European Cybersecurity companies closed 36 funding rounds and raised €231M in equity funding (excluding debt and grants), up 266.3% versus H1 2013. Russia led by capital raised, and Blumberg Capital was the most active investor. Data as of 6 Nov 2026.

Equity funding

€231M

+266.3% vs H1 2013 · excl. debt & grants

Funding rounds

+38.5% vs H1 2013

Companies

Top country

Russia

Rank among sectors

#11

4.0% of sector funding

Top-10 round share

89.9%

of disclosed capital

Rounds ≥ €100M

Funding by month

€ raised vs rounds, by month

Data table

	Funding	Rounds
Jan	€12M	4
Feb	€7.3M	8
Mar	€7.0M	2
Apr	€148M	8
May	€32M	6
Jun	€25M	8

Top countries

by € raised

Data table

	Cybersecurity — top countries by capital, H1 2014
Russia	€109M
Israel	€47M
Spain	€29M
Switzerland	€24M
UK	€9.6M
Hungary	€5.9M
Canada	€4.3M
France	€1.1M

Stage mix

by € raised

Data table

	Cybersecurity — stage mix, H1 2014
Growth/Late	€130M
Series C	€51M
Series A	€36M
Series B	€5.8M
Seed	€3.6M
Early VC	€2.7M
Other	€2.0M
Grant	€148k

Exits & M&A

5 Acquisition

5 exits.

Top deals

largest disclosed rounds in H1 2014

Company	Stage	Date	Amount
Ozon	Growth/Late	Apr 2014	€109M
Scytl	Series C	Apr 2014	€29M
Silent Circle	Growth/Late	May 2014	€22M
CloudLock	Series C	Jan 2014	€12M
Fortscale	Series A	Jun 2014	€7.3M
BioCatch	Series A	Jun 2014	€7.3M
BalaBit IT Security	Series A	Jun 2014	€5.9M
CertiVox	Series B	May 2014	€5.8M
HexaTier	Series C	Apr 2014	€5.1M
GreenSQL	Series C	Apr 2014	€5.1M
Trulioo	Series A	Mar 2014	€4.3M
Cybereason	Series A	Feb 2014	€3.4M
Riskified	Series A	Feb 2014	€3.0M
Egress Software Technologies	Early VC	Mar 2014	€2.7M
Forter	Series A	May 2014	€2.2M

View all 36 Cybersecurity deals in H1 2014 →

Top investors

most active in H1 2014, by deal count

← All 2014 Cybersecurity funding