A total of $16.1 billion was raised in 2024.
Israeli cybersecurity firms raised $4 billion in 2024, more than double that of 2023.
According to venture capital firm YL Ventures, there were 89 funding rounds in Israel in 2024. Of the seed, or early stage rounds, a total of $400 million was raised, with some global VCs more than doubling their funding rounds in 2024.
"The changes we're observing in 2024 — global VCs investing earlier in companies, an opening up of the seed and growth round markets and more acquisitions, especially by Israeli companies —signal a rising tide for 2025," says Andy Ellis, partner at YL Ventures.
"While the floodgates aren't going to crash open, expect to see more activity across the board: A and B rounds should become more accessible, C and later rounds larger and an increase in seed rounds."
Also, according to industry analyst Richard Stiennon, a total of 432 cybersecurity companies took in new funding in 2024, with a total of $16.1 billion raised: the third highest amount in history, and up 60 percent from the $10.05 billion in 2023.
Written by
Dan Raywood
Senior Editor
SC Media UK
Dan Raywood is a B2B journalist with more than 20 years of experience, including covering cybersecurity for the past 16 years. He has extensively covered topics from Advanced Persistent Threats and nation-state hackers to major data breaches and regulatory changes.
He has spoken at events including 44CON, Infosecurity Europe, RANT Conference, BSides Scotland, Steelcon and ESET Security Days.
Outside work, Dan enjoys supporting Tottenham Hotspur, managing mischievous cats, and sampling craft beers.
