Evolution Equity Partners raises $1.1B for new cybersecurity and AI fund

Cybersecurity has had a rough go of it lately, with investment in the sector dropping a precipitous 40% compared to the year prior. But there’s promising early — if preliminary — signs of a recovery. The vast majority of chief information security officers reported higher budgets for 2024, according to the cybersecurity-focused VC firm NightDragon. […]

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