Axios

This week, Axios caught up with Thoma Bravo managing partner Seth Boro, to chat about the cybersecurity sector's opportunities and challenges.

The big picture: Like other areas of software, venture-backed cybersecurity startups that raised funding at inflated valuations during the pandemic are now great acquisition targets, says Boro, who helps run the firm's cybersecurity investment efforts.

Wiz, a New York cybersecurity company that's seemingly become a large player overnight, is not shy about acquiring its way to success.

Why it matters: Few venture-backed companies openly raise merger and acquisition war chests.