Meet 5 cybersecurity unicorns that could IPO in 2020

There was a lot of moving and shaking in the cybersecurity unicorn world in 2019.

It was a year that saw two of the biggest exits in cybersecurity history:

CrowdStrike

went public valued

at $3.35 billion and Cloudflare rocketed 20%

in its first day on the stock market.

Clearly, the cybersecurity market is booming. Recent data suggests that cybersecurity investing could reach $250 billion by 2023, and spending rose

in 2019

more than any other industry. If that pace keeps up, there’s little to suggest that the cybersecurity “bubble” will burst any time soon.

A number of cybersecurity companies are firmly in the club of private companies worth $1 billion or more. These unicorns represent some of the best talent, technologies and offerings in cybersecurity, but the club is getting crowded. Now that CrowdStrike and

Cloudflare

have graduated to the public market, there are a number of cybersecurity companies that could make the leap.

Tanium