Global Growth, Continued Focus: Introducing Forgepoint Capital International
Leo Casusol
October 22, 2024
- Blog Post
Expanding Our Team and Reach to Further Advance Cyber, AI, and Infrastructure Software Innovation
Today, we’re excited to announce Forgepoint’s international expansion. Based in our new London hub, our dedicated team will focus on investment opportunities in Europe, Latin America, and Israel. So why expand globally and why now?
Cybersecurity innovation is booming in response to the accelerated pace of digital transformation, persistent cyber events, and stricter regulatory requirements. This has been exacerbated by geopolitical tensions and the rise of generative AI. The malicious acts of cybercriminals are now powered by AI and automation- escalating the volume, frequency, sophistication, and impact of cyber-attacks. Data breaches, ransomware and related threats remain a constant challenge for enterprises and SMBs everywhere. Just as bad actors are not confined to any one geography or nation-state, so are the defenders– the worldwide network of innovators, problem-solvers, and security leaders developing and applying important and much-needed solutions. The time is now to find them and do what we can to help them succeed.
As the largest sector-focused investment team with extensive company-building experience and an institutional platform for growth, Forgepoint Capital is uniquely-positioned to tap into the growing demand for innovative companies building relevant solutions.
Even without an official European presence, our team has a proven track record investing in successful startups then helping them scale globally- crossing the chasm as they cross the pond. This includes
- AlienVault, the open-source security information and event management company founded in Madrid and later acquired by AT&T in 2018 to become AT&T Cybersecurity. AlienVault Founder Julio Casal later founded Constella, the global leader in in AI-driven identity protection and risk monitoring, another Forgepoint backed portfolio company. He now serves on our Global Advisory Council.
- BehavioSec, pioneers in behavioral biometrics and continuous authentication to prevent fraud, verify identities, and detect bots and malware. Founded in the Nordics out of groundbreaking research at the Luleå Technical University in Sweden, BehavioSec partnered with DARPA, was recognized as a Gartner Cool Vendor, and established a presence in the U.S., Canada, and EMEA to support its Global 2000 customer base before being acquired by LexisNexis® Risk Solutions (LSE: REL; NYSE: RELX).
- Lynx, which applies advanced AI and machine learning to prevent fraud and financial crime. Founded in Spain in partnership with the Universidad Autonoma de Madrid, Lynx now helps leading financial institutions across Europe, the UK, the U.S. and Latin America to protect over 300 million users in 9 countries.
- ReversingLabs, providers of advanced software supply chain security and threat intelligence. Founded in Zagreb, Croatia with corporate headquarters now in Boston, MA, ReversingLabs is now trusted by Fortune500 enterprises and leading cybersecurity vendors around the world for its ability to track, analyze, and secure over 40 billion searchable files daily.
By expanding our investment footprint and establishing a London office with a presence in Madrid and Paris, we can now better identify and engage more exceptional entrepreneurs building the critical technologies the market needs most – where they are, within in the most promising ecosystems. We’ll also be able to further cultivate and build on our relationships with multinational corporations and the individuals who lead them, forging stronger connections and catalyzing more collaboration around the globe.
The combination of a seasoned local team with deep sector expertise and investment experience in targeted regions and Forgepoint Capital’s proven leadership, track record and global network is an attractive value proposition and highly differentiated. We believe Forgepoint Capital and Forgepoint Capital International operating as one global team together with Santander and our expanded Global Advisory Council can truly help innovative cybersecurity startups in the US, Europe, Latin America, and Israel scale globally into new markets as they reach their full potential.
This expansion into new geographies represents a major inflection point for Forgepoint and our community. We are proud to not just continue but to advance our mission with Damien Henault, Michael Cortez, and Jaime Goyarrola– partnering with more visionary entrepreneurs around the world all out to build a stronger and more resilient tomorrow.