Former AVG investors build cyber security fund to chase growth | 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.

via Former AVG investors build cyber security fund to chase growth | Reuters