Rapid Cybersecurity Growth Is a Bubble, Billionaire CEO Says.

"In my 25 years of venture capital investing, I've neverseen as much momentum and budget growth for cybersecurityspending at large enterprise, mid-market and even smallercompanies globally", said Glenn Solomon, managing partnerat GGV Capital, which has invested in competitors such asthe Israeli firm Orca. The firm sits on a cash pile of $4 billion, and-- despite Shwed's general caution over acquisitions -- justspent $270 million to buy Avanan, an Israeli cloud emailsecurity startup. (Bloomberg) -- A cybersecurity veteran whose company sitson a $4 billion cash pile says he won't rush to acquirenew startups, citing concerns of a bubble even asanalysts warn that his firm faces an uncertain future. [Extracted from the article]