Sectors/Cybersecurity/2021

Cybersecurity funding in 2021

European Cybersecurity startup funding raised during 2021.

In 2021, 155 European Cybersecurity companies raised a combined €6.4B across 168 funding rounds. Israel led by capital raised, and Insight Partners was the most active investor. Data as of 21 Aug 2026.

Total funding

€6.4B

disclosed, € normalized

Funding rounds

168

Companies

155

Top country

Israel

Break down 2021 by period

Half-year

H1 H2

Quarters

Q1 Q2 Q3 Q4

Months

May Jun Jul Sep

Rank among sectors

4.4% of sector funding

Debt financing

€130M

2.0% of total

Top-10 round share

43.7%

of disclosed capital

Rounds ≥ €100M

Funding by month

€ raised vs rounds, by month

Top countries

by € raised

Top deals

largest disclosed rounds in 2021

Company	Stage	Date	Amount
Transmit Security	Series A	Jun 2021	€457M
Snyk	Series D+	Sep 2021	€448M
Riskified	Growth/Late	Aug 2021	€353M
Snyk	Series D+	Mar 2021

View all 168 Cybersecurity deals in 2021 →

Top investors

most active in 2021, by deal count

← All-time Cybersecurity funding

Exits & M&A

45 Acquisition · 1 IPO · 1 Buyout · 1 Merger

48 exits · €8.6B disclosed.

Avast Software	Acquisition	Aug 2021	€7.3B
XM Cyber	Acquisition	Nov 2021	€622M
Vdoo	Acquisition	Jun 2021	€253M
Smoothwall	Acquisition	Aug 2021	€89M
Alsid	Acquisition	Feb 2021	€81M
AriadNEXT	Acquisition	Jul 2021	€50M