[New post] Former AVG investors build cyber security fund to chase growth

sskarthik posted: "By Jason Hovet PRAGUE (Reuters) - A group of former executives and investors from antivirus software maker AVG Technologies is raising a $125 million fund to tap into opportunities in the booming cyber security sector, a founding partner in the fund said." Respond to this post by replying above this line New post on SKarthik.info Former AVG investors build cyber security fund to chase growth by sskarthik By Jason Hovet PRAGUE (Reuters) - A group of former executives and investors from antivirus software maker AVG Technologies is raising a $125 million fund to tap into opportunities in the booming cyber security sector, a founding partner in the fund said. With the size and scope of cyber attacks on companies growing in recent years, the security industry has seen a steady rise in financing deals and a market that research firm Gartner estimates will grow by 8 percent in 2015 to $77 billion. Technology investor Richard Seewald, one of the original investors in AVG, said the market for cyber security spending would continue to grow at that pace over the next five years. Read more... sskarthik | September 22, 2015 at 2:16 pm | Categories: Computers and Internet | URL: http://wp.me/p1eKZE-3lct Comment    See all comments Unsubscribe to no longer receive posts from SKarthik.info. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://sskarthik.wordpress.com/2015/09/22/former-avg-investors-build-cyber-security-fund-to-chase-growth-5/ Thanks for flying with WordPress.com