Cybersecurity funding in H2 2014

European Cybersecurity startup funding raised during H2 2014.

In H2 2014, 36 European Cybersecurity companies closed 37 funding rounds and raised €161M in equity funding (excluding debt and grants), up 507.9% versus H2 2013. Debt rounds added €2.7M. Israel led by capital raised, and Magma Venture Partners was the most active investor. Data as of 6 Nov 2026.

Equity funding

€161M

+507.9% vs H2 2013 · excl. debt & grants · +€2.7M debt

Funding rounds

+15.6% vs H2 2013

Companies

Top country

Israel

Rank among sectors

#13

2.3% of sector funding

Debt financing

€2.7M

1.6% of total

Top-10 round share

77.9%

of disclosed capital

Funding by month

€ raised vs rounds, by month

Data table

	Funding	Rounds
Jul	€36M	8
Aug	€45M	5
Sep	€17M	7
Oct	€7.1M	6
Nov	€42M	5
Dec	€17M	6

Top countries

by € raised

Data table

	Cybersecurity — top countries by capital, H2 2014
Israel	€74M
Spain	€48M
France	€27M
Sweden	€8.0M
Germany	€3.6M
Finland	€1.2M
Netherlands	€830k
Switzerland	€411k

Stage mix

by € raised

Data table

	Cybersecurity — stage mix, H2 2014
Series C	€48M
Series B	€33M
Growth/Late	€30M
Series A	€26M
Seed	€15M
Other	€5.8M
Early VC	€3.0M
Debt	€2.7M

Exits & M&A

4 Acquisition

4 exits · €142M disclosed.

Lacoon Mobile Security	Acquisition	Dec 2014	€87M
Privax	Acquisition	Oct 2014	€55M

Top deals

largest disclosed rounds in H2 2014

Company	Stage	Date	Amount
Scytl	Series C	Aug 2014	€33M
Finsecur	Growth/Late	Nov 2014	€25M
Scytl	Series C	Jul 2014	€15M
Forter	Series B	Nov 2014	€12M
Zooz	Series B	Jul 2014	€8.8M
GuardiCore	Series A	Aug 2014	€8.2M
LightCyber	Series A	Sep 2014	€7.6M
ThetaRay	Series B	Jul 2014	€7.3M
CloudLock	Growth/Late	Nov 2014	€5.3M
BehavioSec	Series B	Dec 2014	€5.0M
Indegy	Seed	Dec 2014	€4.8M
Sentrix	Other	Sep 2014	€4.5M
TrapX	Series A	Dec 2014	€4.0M
Argus Cyber Security	Series A	Oct 2014	€3.2M
Zaplox	Early VC	Aug 2014	€3.0M

View all 37 Cybersecurity deals in H2 2014 →

Top investors

most active in H2 2014, by deal count

← All 2014 Cybersecurity funding