---
title: Evolution Equity Partners Raises $1.1 Billion For New Cybersecurity and AI Fund
description: "TechCrunch: 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 are promising early, even preliminary, signs of a recovery."
---

[Industry News: Cyber ](https://www.castlehalldiligence.com/cyber-news)

# [Evolution Equity Partners Raises $1.1 Billion For New Cybersecurity and AI Fund](https://www.castlehalldiligence.com/cyber-news/evolution-equity-partners-raises-1.1-billion-for-new-cybersecurity-and-ai-fund)

 Written by [Cybersecurity](https://www.castlehalldiligence.com/cyber-news/author/cybersecurity) | Apr 19, 2024 11:22:08 AM

#### *2024-04-16*

*TechCrunch:* 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 are promising early, even preliminary, signs of a recovery.

[Read more...](https://techcrunch.com/2024/04/16/evolution-equity-partners-raises-1-1b-for-new-cybersecurity-and-ai-fund/)

[View full post](https://www.castlehalldiligence.com/cyber-news/evolution-equity-partners-raises-1.1-billion-for-new-cybersecurity-and-ai-fund)

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