For More Information, Contact:

Parag Sheth, Managing Director

psheth@progresspartners.com

We are pleased to provide you with Progress Partners’ Cybersecurity Market Report for the second quarter of 2022. During the quarter M&A activity increased to 118 deals worth a massive $89B, including the mammoth $69B acquisition of VMWare by Broadcom. VC and PE investment remained flat from last quarter, at $5.4B.