Texas is one of the leading homes for privately owned cybersecurity companies in the U.S., and three of the nation’s best-funded startups have offices in Dallas-Fort Worth, according to data from the analytics company CB Insights.
California is a base to 33 percent of the privately owned companies, while Texas is tied for fifth with 5 percent.
CB Insights recently mapped the most well-funded cybersecurity companies in nine states and rounded up the cybersecurity startups across all 50 states that have raised more than $100 million in disclosed funding as of Sept. 21.
Thirty-six companies nationwide passed that threshold, and among that elite group are three firms with a DFW presence:
- StackPath (Dallas), which raised $180 million from investors including ABRY Partners
- Armor Defense Inc. (Richardson), a managed cloud security company, raised $148 million from investors including Croghan Investments, Doug Ducey, and Patrick Sullivan
- Alert Logic (has Farmers Branch office and based in Houston), which raised $118 million, from investors including Access Venture Partners, Covera Ventures, and DH Ventures
California-based endpoint protection company Tanium was the top investment raiser with $396 million in total disclosed funding, CB Insights said.
Get on the list.
Sign up to keep your eye on what’s new and next in Dallas-Fort Worth, every day.
And, you’ll be the first to get the digital edition of our new Dallas Innovates magazine:
The annual edition publishes in January.