Story perspectives

Ireland's Cybersecurity Sector Surges Amid European Downturn

12/12/2025

Summary

Story summary

A PitchBook and Enterprise Ireland report shows Ireland's cybersecurity sector thrived in 2024 despite European market downturn.
Ireland closed 40% more venture capital deals in 2024 than in 2023.
Ireland has over 140 cybersecurity companies and ranks high in Europe for VC deal count per capita since 2017.
Irish firms have raised over €450 million since 2014.
Anna-Marie Turley of Enterprise Ireland emphasized growing international demand and sustained cybersecurity investment.

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Story summary

A PitchBook and Enterprise Ireland report shows Ireland's cybersecurity sector thrived in 2024 despite European market downturn.
Ireland closed 40% more venture capital deals in 2024 than in 2023.
Ireland has over 140 cybersecurity companies and ranks high in Europe for VC deal count per capita since 2017.
Irish firms have raised over €450 million since 2014.
Anna-Marie Turley of Enterprise Ireland emphasized growing international demand and sustained cybersecurity investment.