The report is based on a survey of 150 CISOs and senior cybersecurity leaders from global enterprises
14 Israeli cybersecurity companies were named to the Rising in Cyber 2026 list, compiled by U.S. venture capital firm Notable Capital in partnership with Morgan Stanley. The annual ranking highlights the world’s most prominent and influential private cybersecurity companies and is based on a survey of 150 CISOs and senior security leaders from leading global organizations, examining which cybersecurity technologies are seeing meaningful real-world adoption inside enterprises.
The Israeli companies featured on the list are Cyera, Grip Security, Island, Noma Security, Oligo Security, Orca Security, Token Security, Torq, Beacon Security, Clover Security, Descope, Echo Security, Terra Security, and Tonic AI. In addition, the founder of another company on the list, RunLayer, is Israeli, meaning Israeli entrepreneurs account for nearly half of the 30 companies recognized this year.
Collectively, this year’s honorees have raised more than $6.9 billion and span key categories including identity and access management (IAM), security operations, and agentic AI security. According to the report, the global cybersecurity market is projected to reach $250 billion by 2029, up from $151 billion in 2025, with the strongest growth expected across identity security, data security, and cloud-native application protection.
Oren Yunger, Partner at Notable Capital: “What makes the Rising in Cyber list unique is the identity of the voters: CISOs and security leaders operating at the forefront of the global cybersecurity industry. These technology leaders manage teams of hundreds and even thousands of employees and oversee multi-million-dollar budgets, making the decisions about which technologies are ultimately implemented across their organizations.”
“The emergence of AI is the ‘big bang’ moment for cybersecurity. It is accelerating innovation and reshaping the industry at an unprecedented pace. The list reflects the solutions security leaders trust and choose to adopt as they navigate this new era. We congratulate this year’s honorees on earning this recognition.”
Mr. Oren Younger, Partner at Notable Capital
According to the report, strategic cybersecurity M&A transaction volume surged to $81 billion in 2025 — more than four times higher than in 2024 — as technology companies accelerated acquisitions of specialized security capabilities. The report notes that this momentum has continued into 2026.
The findings also show that AI adoption inside enterprises is advancing faster than organizations’ ability to secure it. More than 70% of surveyed CISOs reported that AI agents are already operating in production environments within their organizations, yet only 11% described their existing AI security tools as comprehensive, effective, or best in class — a gap the next generation of cybersecurity startups is now racing to close.
The report further highlights identity and access management as one of the defining security challenges of the AI era. Approximately 20% of CISOs identified controlling identities and permissions for AI applications and AI agents as their top concern over the next 12 months. As a result, many of the companies selected this year focus on identity security, AI agentic security, activity monitoring, and anomaly detection.
Notable Capital is a U.S.-based venture capital firm focused on early-stage investments across cloud infrastructure, AI, cybersecurity, prosumer, and commerce, with operations spanning the U.S., Israel, Europe, and additional global markets. The firm’s portfolio includes companies such as Airbnb, Anthropic, Drata, fal, HashiCorp, Slack, Quince, Vercel, Wispr Flow, and other leading technology companies.
Credit: Notable Capital
