A VALUE CREATION LABS REPORT
Booming innovation and
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This report provides an overview of the burgeoning cybersecurity landscape in Massachusetts. 2022 follows a record-breaking year for venture-backed investments in Bay State cybersecurity companies. In 2021, investors funded 34 deals totaling $2.75 billion, up from 26 deals for $530 million in 2020 – a one-year dollar increase of more than 5x and nearly 10x since 2015. The report's goal is to give you a clearer idea of where venture capital money is going locally, and to highlight promising new subsectors, products and services, companies and founders. Investors will find new ideas and opportunities. IT and business leaders can discover innovative security offerings in many categories. All will discover a vibrant local landscape whose impacts continue to extend far beyond its geographic boundaries.