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Fortune

Lucy Brewster

Cybersecurity is more necessary than every. Here are the VCs supercharging the cybersecurity startup boom

Cybersecurity David Cowan Bessemer Venture Partners SentinelOne Fireblocks Oracle Unit 8200 Verisign Wiz

Photo showing, foom left: Chenxi Wang, Cack Wilhelm, and Gili Raanan (Credit: Courtesy of Wang, Wilhelm, Raanan)

When the economy turns, VCs have to make a big distinction between what is merely useful, and what is indispensable.

Cybersecurity, which encompasses the range of technologies and strategies to prevent data leaks and breaches, stands out as a sector that has seen demand boom for Fortune 500 companies. As Fortune previously reported, the global cybersecurity market is expected to reach $403 billion by 2027—making the compound annual growth rate 12.5% from 2020 to 2027.

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