This year' Not so much. Venture funding overall is retreating amid public-market turmoil, record inflation and rising concerns about an economic recession. Even so, several startup sectors stand out'either for still outperforming, or for being particularly hard-hit by the venture pullback. During the height of the venture market last year, few sectors did as well as cybersecurity. The industry raised a record amount of venture capital and unicorns were minted on a seemingly weekly basis. Even this year, as the venture market has turned, cybersecurity has birthed more than a dozen new unicorns in the first six-plus months of the year. 'Anything that enables a company's digital transformation will continue to get funded,' said Alberto Yepez, co-founder and managing director at Forgepoint Capital, which specializes in cybersecurity and infrastructure software investments. Specific areas mentioned by multiple VCs at last week's RSA Conference in San Francisco included startups in the...
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