The ForgePoint team has over 30 years of combined experience connecting entrepreneurs, corporate and government customers, strategic partners, advisors, and executives to build the next generation of companies that protect the digital world.
ForgePoint Capital, with $770 million under management, has emerged as the most active sector-focused cybersecurity venture investor year-to-date according to PitchBook data. Since the beginning of the year, the firm has led investments totaling $75M in new companies, added three new investment professionals, and invested $37.8M in follow-on funding rounds.
Cloudentity, a cloud-based provider of application security and identity-aware authorization solutions, announced today that it has raised $13M in Series A funding led by ForgePoint Capital, with participation from WestWave Capital. This round brings the company’s total funding to $15 million. Coming off a record year of customer adoption and expansion, the new funds will be used to accelerate the company’s growth and go-to-market efforts. Sean Cunningham, Managing Director at ForgePoint Capital, will join Cloudentity’s board of directors.
Symmetry Systems delivers Data Store and Object Security (DSOS) purpose-built to provide full visibility and unified access control over your most valuable data assets, no matter where or how they are stored. Backed by leading security investors, ForgePoint Capital and Prefix Capital, DataGuard was built with and for the most demanding security teams in finance, healthcare, and the US government.
Area 1 Security is the only company that preemptively stops Business Email Compromise, malware, ransomware and targeted phishing attacks. By focusing on the earliest stages of an attack, Area 1 stops phish — the root cause of 95 percent of breaches — 24 days (on average) before they launch. Area 1 also offers the cybersecurity industry’s first and only performance-based pricing model, Pay-per-Phish.
Read the latest NVCA Member Spotlight series highlighting ForgePoint Capital in an interview with Alberto Yepez, Managing Director of ForgePoint Capital, and a former board member of NVCA.
Uptycs is reimagining cloud workload and endpoint security with its SQL-powered security analytics platform, which is available both as a cloud service and as an on-premise deployment. Security analysts turn to Uptycs for performing intrusion detection, vulnerability management, incident investigation, workload protection, security audits and compliance checks on their server endpoints (Linux VMs, containers) in data centers and cloud providers like AWS, Azure and Google Cloud, and for their productivity endpoints such as macOS and Windows.
“A new approach is needed to enable enterprises to move to cloud with speed and security. We built Concourse Labs with this mission, to enable digital transformation with confidence. Obtaining a significant amount of funding from industry-leading investors at this time is a testament to the importance of our goals and the strength of our team and solution.”
-Don Duet, CEO and Co-Founder
“We believe that global prosperity and national security depend upon a commitment to protect the digital world,” said Co-Founder and Managing Director Alberto Yépez. “At ForgePoint, we have assembled one of the most experienced teams of cybersecurity experts. We bring deep operating know-how from more than 80 years of combined industry experience to help entrepreneurs build lasting companies.”
Huntress, a SaaS-based managed detection and response (MDR) provider for managed service providers (MSPs) and value-added resellers (VARs), today announced an $18 million Series A investment round led by ForgePoint Capital. This funding allows Huntress to accelerate product engineering and development, as well as expand to additional market segments and geographies. In addition, remaining independent enables Huntress to stay committed to channel partners.
“We are thrilled to be partnering with ForgePoint Capital, the premier venture capital investor in cybersecurity. With their deep cybersecurity knowledge, experience, insights and connections, and their proven track record as company builders, ForgePoint was our top choice to help accelerate our growth. Their sizable investment is a testament to the significant market opportunity we’re addressing, the powerful SOC technology platform we’ve built, and to the experienced and capable team we’ve pulled together.”
– Partha Panda, Cysiv CEO
“We’re thrilled to be working with ForgePoint Capital to grow our business and empower mobile app developers to deliver secure mobile apps faster. ForgePoint has the right mix of veteran leadership, industry relationships and successful track record across their security portfolio to support NowSecure.”
-ALAN SNYDER, CEO NowSecure
“At the moment enterprises are losing hundreds of billions of dollars every year as a result of cyber attacks and that number is just going to increase as years go by. That offers an unparalleled opportunity for the insurance industry to come in and help enterprises transfer that risk and manage cyber risk more holistically.
But to do that, insurers and re-insurers need data driven tools to help them underwrite risk and model the potential for catastrophic cyber risk aggregation. And that’s where CyberCube comes in.”
-PASCAL MILLAIRE, CEO CYBERCUBE ANALYTICS
“ForgePoint Capital will help expand our offerings and capacity to serve the pent-up demand for compliance automation across private and public enterprises and organization”
-ANDREW PLATO, CEO ANITIAN
“Working with Will and Don has been an exceptional experience. They understand the intricacies of the security business and are dedicated to shaping the future of the industry. Over the past several months, they have supported our growth, offering strategic market advice, helping us identify talent and client leads, and providing operational guidance. They are a true partner.”
-VINCENT LIU, CEO BISHOP FOX
“The connections and cybersecurity relationships of the ForgePoint team are superlative.”
-MARIO VUKSAN, CEO REVERSINGLABS
“Along with their team, Don and Alberto represent the best combination of cyber talent, financial advice, and operational know-how for new companies in the cybersecurity field. They are committed to making us successful, and have proven to be tremendous mentors and advisors, as well as great friends.”
-KEITH ALEXANDER, CEO IRONNET CYBERSECURITY
“ForgePoint has the best connections, operating experience and the context of what it takes to make and scale a global cybersecurity business.”
– Barmak Meftah former CEO of AlienVault now AT&T Cybersecurity
“ForgePoint offers unparalleled cybersecurity expertise. Their focus on strategic cybersecurity innovation and building a strong community of CISO connections has made them an invaluable partner and investor as we scale our business.”
-TUSHAR KOTHARI, CEO ATTIVO NETWORKS
ForgePoint’s Cybersecurity Advisory Council is unmatched in the industry. Built and carefully maintained for decades, the council provides a unique source of investment and company-building opportunities for our portfolio.