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Daily Dashboard | Investor support of cybersecurity startups, facial recognition companies on the rise Related reading: UK ICO's Denham 'optimistic' about global data convergence

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  • Investors supported start-up companies providing cloud security, identity verification and privacy protection with $12.2 billion so far this year, as ransomware and cyberattacks rise, The New York Times reports. In 2020, cybersecurity companies raised a total of $10.4 billion, while $4.8 billion was raised in 2016.
  • TechCrunch reports facial recognition companies are seeing an influx of investors, with funding at more than $500 million so far this year. Facial recognition companies saw a total of $622 million in investor funding for all of 2020.

Editor's note: The IAPP Privacy Tech Vendor Report aggregates privacy and data protection vendors.

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