Israeli cybersecurity industry's fundraising up 70 pct in 2020


  • World
  • Friday, 22 Jan 2021

JERUSALEM, Jan. 21 (Xinhua) -- The total amount raised by the Israeli cybersecurity companies soared by 70 percent in 2020 compared to 2019, despite the coronavirus crisis, the Israel National Cyber Directorate (INCD) said on Thursday.

According to INCD's figures, Israeli cybersecurity companies raised a total of about 2.9 billion U.S. dollars in the past year, in more than 100 deals.

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