# Median Series B round in Cybersecurity (2026)

> The median Series B round in Cybersecurity is $58M, from 32 rounds announced in the last 12 months. Half raised between $40M and $121M.

Source: https://millionrounds.com/benchmarks/series-b/cybersecurity (Millionrounds; every figure on the page links to its filing or article)

Funding benchmark · last 12 months

# The typical Series B round in *Cybersecurity*

From 32 Series B rounds announced in Cybersecurity over the last twelve months, each read from a named source. Half of them raised between $40M and $121M.

See the rounds[All benchmarks](https://millionrounds.com/benchmarks)

Series B Cybersecurity

Median round

**$58M**

$26M 1 in 10 below $40M – $121M middle half $250M 1 in 10 above

32 rounds counted · recounted nightly

Rounds counted **32** Series B rounds in Cybersecurity, last 12 months

Against worldwide **+16%** vs the $50M worldwide median

Since last round **13 mo** median gap, from 13 companies we saw raise before

Lead named **97%** of these rounds name the investor who led

The trend

## Median Series B round, quarter by quarter

From $37M in 2024 Q4 to $86M in 2026 Q3. Quarters with fewer than five rounds are left blank.

$37M '24 Q4 10 rds

$30M '25 Q1 5 rds

$57M '25 Q2 7 rds

'25 Q3 2 rds

'25 Q4 4 rds

$120M '26 Q1 9 rds

$65M '26 Q2 8 rds

$86M '26 Q3 6 rds

Who leads

## The most active leads

The firms that led the most Series B rounds in Cybersecurity this year.

- [1 **Accel** 3 led](https://millionrounds.com/fund/accel)
- [2 **Crosspoint Capital Partners** 3 led](https://millionrounds.com/fund/crosspoint-capital-partners)
- [3 **Andreessen Horowitz** 2 led](https://millionrounds.com/fund/andreessen-horowitz)
- [4 **Bessemer Venture Partners** 2 led](https://millionrounds.com/fund/bessemer-venture-partners)
- [5 **ForgePoint Capital** 2 led](https://millionrounds.com/fund/forgepoint-capital)
- [6 **General Catalyst** 1 led](https://millionrounds.com/fund/general-catalyst)

Recent examples

## Series B rounds in Cybersecurity, latest first

- [**Infisical** 28 Oct 2026 · Elad Gil $40M -31%](https://millionrounds.com/company/infisical)
- [**Casap** 28 Oct 2026 · Base10 Partners $56M -3%](https://millionrounds.com/company/casap)
- [**Harmonic Security** 14 Oct 2026 · Crosspoint Capital Partners $50M -14%](https://millionrounds.com/company/harmonic-security)
- [**Reach Security** 13 Oct 2026 · Top Tier Capital Partners $50M -14%](https://millionrounds.com/company/reach-security)
- [**Hadrian** 6 Oct 2026 · ForgePoint Capital $40M -31%](https://millionrounds.com/company/hadrian)
- [**Hackuity** 16 Sept 2026 · ForgePoint Capital $19M -67%](https://millionrounds.com/company/hackuity)
- [**Yardstik** 28 Aug 2026 · Harbert Growth Partners $30M -48%](https://millionrounds.com/company/yardstik)
- [**Even Realities** 7 Jul 2026 · Tengxun Touzi $150M +159%](https://millionrounds.com/company/even-realities)

**How to read these figures**

They come from announced rounds. Large rounds are almost always announced and many small ones never are, so the true typical round is probably a little smaller than shown, most of all at pre-seed and seed. Every round behind them is in the record with its source. [How we read rounds](https://millionrounds.com/methodology).

Other stages in Cybersecurity

[**Seed** $10M](https://millionrounds.com/benchmarks/seed/cybersecurity)[**Series A** $25M](https://millionrounds.com/benchmarks/series-a/cybersecurity)

Series B elsewhere

[**AI** $55M](https://millionrounds.com/benchmarks/series-b/ai)[**United States** $60M](https://millionrounds.com/benchmarks/series-b/united-states)[**Fintech** $40M](https://millionrounds.com/benchmarks/series-b/fintech)[**United Kingdom** $43M](https://millionrounds.com/benchmarks/series-b/united-kingdom)[**Healthcare** $46M](https://millionrounds.com/benchmarks/series-b/healthcare)[**Biotech** $63M](https://millionrounds.com/benchmarks/series-b/biotech)[**Construction** $40M](https://millionrounds.com/benchmarks/series-b/construction)[**Robotics** $63M](https://millionrounds.com/benchmarks/series-b/robotics)[**Enterprise Software** $49M](https://millionrounds.com/benchmarks/series-b/enterprise-software)

## Raising a Series B round?

See who leads rounds like yours, and check your raise before you pitch.

[Take the Fundability Test](https://millionrounds.com/fundability)[Or find investors](https://millionrounds.com/investor-database)

## Q&A

How big is a typical Series B round in Cybersecurity?

The median is $58M, from 32 Series B rounds announced in Cybersecurity in the last twelve months. Half of them raised between $40M and $121M; one in ten raised more than $250M.

Which rounds are counted?

Rounds announced in the last twelve months with a stated amount and stage, each read from a named article or filing. A page is only published where at least 30 rounds stand behind it.

Are these figures biased?

Towards larger rounds, yes. Big rounds are announced; many small ones never are. So the true typical round is probably a little smaller than the figure here, especially at pre-seed and seed.

How often does it change?

The figures are recounted from the record every night, as new rounds are read.
