The New Age Of The Security Startup

TechCrunch

Last month Apple disclosed and fixed a massive bug in its operating system that left users’ information exposed to theft; faith in the cryptocurrency Bitcoin is eroding; and revenues at the retailing giant Target fell 46% on a quarterly basis over the Christmas season last year, all because of security breaches.

There is no doubt that the profusion of technology designed to make personal and professional lives easier has left people around the world personally and professionally more exposed to potential threats like identity theft, unwanted surveillance, and corporate espionage.

To combat these growing threats the entrepreneurs and investors that helped to seed this technology revolution are going back to the well to finance a new generation of security startup.

Since 2009 investors have spent at least $2.9 billion on security technologies, according to data from CrunchBase. And so far this year investors have spent at…

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