Momentum Partners has completed their selection of the 40 companies to the firm’s annual Watch List from the 1,700+ cybersecurity companies the firm tracks globally. Input was carefully considered from Momentum’s vast network of cybersecurity professionals, investors, and corporate dealmakers in order to identify these 40 companies displaying tremendous momentum.
“For the second year in a row, we are delighted to complete the firm’s Watch List of innovative and breakout companies in cybersecurity,” said Eric McAlpine, Momentum’s Managing Partner. “The firm’s Watch List and our CYBERscape sector taxonomy are labors of love and impossible without the assistance of our vast network in security. Together, we identify those companies we believe are uniquely innovative and have tremendous business momentum. We are not perfect, although the firm does have a strong track record to date identifying early on those breakout companies that have gone on to raise significant rounds of capital at higher valuations and/or achieve attractive M&A exits for their investors and employees.”
“The team is vigilant in our coverage of the cybersecurity ecosystem and we encounter many vendors with tremendous momentum,” said Michael Tedesco, Momentum’s Executive Chairman. “As such, we do our very best to listen to our network to identify these truly innovative companies. Congratulations to their founders, their teams, and their investors.”
The Momentum Watch List for the second quarter of 2016 included: