IT security is attracting VC funding despite the recession, but in that competitive market, the watchwords are “innovate or die,” experts say.
|
Security startup snags funding in a tough market. But problems predate this recession as VC excitement for security has nosedived since 2000.
|
Cash gives the firm options including a possible IPO despite the fact that few security firms have gone public in recent years.
|
Israeli security startup becomes latest grab in ongoing acquisition frenzy, coming after companies spent $1.28 billion to purchase 25 VC-backed security firms in 2007.
|
Startup becomes the latest in a growing list of companies to receive funding or be acquired as banks and corporations battle fraud.
|
As fraudsters become better organized and more resourceful, online businesses are looking beyond law enforcement for help, and security startups are reaping the rewards.
|