Cybersecurity funding in Q2 2014

European Cybersecurity startup funding raised during Q2 2014.

In Q2 2014, 22 European Cybersecurity companies closed 22 funding rounds and raised €205M in equity funding (excluding debt and grants), up 313.4% versus Q2 2013. Russia led by capital raised, and Blumberg Capital was the most active investor. Data as of 6 Nov 2026.

Equity funding

€205M

+313.4% vs Q2 2013 · excl. debt & grants

Funding rounds

+83.3% vs Q2 2013

Companies

Top country

Russia

Rank among sectors

6.4% of sector funding

Top-10 round share

96.7%

of disclosed capital

Rounds ≥ €100M

Funding by month

€ raised vs rounds, by month

Data table

	Funding	Rounds
Apr	€148M	8
May	€32M	6
Jun	€25M	8

Top countries

by € raised

Data table

	Cybersecurity — top countries by capital, Q2 2014
Russia	€109M
Spain	€29M
Israel	€28M
Switzerland	€24M
UK	€6.9M
Hungary	€5.9M
France	€1.1M
Finland	€660k

Stage mix

by € raised

Data table

	Cybersecurity — stage mix, Q2 2014
Growth/Late	€130M
Series C	€39M
Series A	€25M
Series B	€5.8M
Seed	€3.4M
Other	€1.2M

Exits & M&A

4 Acquisition

4 exits.

Top deals

largest disclosed rounds in Q2 2014

Company	Stage	Date	Amount
Ozon	Growth/Late	Apr 2014	€109M
Scytl	Series C	Apr 2014	€29M
Silent Circle	Growth/Late	May 2014	€22M
BioCatch	Series A	Jun 2014	€7.3M
Fortscale	Series A	Jun 2014	€7.3M
BalaBit IT Security	Series A	Jun 2014	€5.9M
CertiVox	Series B	May 2014	€5.8M
GreenSQL	Series C	Apr 2014	€5.1M
HexaTier	Series C	Apr 2014	€5.1M
Tresorit	Series A	May 2014	€2.2M
Forter	Series A	May 2014	€2.2M
CyberX	Seed	Jun 2014	€1.5M
Wallix	Other	Jun 2014	€1.1M
Radio Physics Solutions	Seed	Jun 2014	€882k
Yepzon	Seed	Jun 2014	€660k

View all 22 Cybersecurity deals in Q2 2014 →

Top investors

most active in Q2 2014, by deal count

← All 2014 Cybersecurity funding