Investment firm NightDragon closes $750m growth fund as part of next-gen cybersecurity, safety, security and privacy platform

Investment firm NightDragon closes $750m growth fund as part of next-gen cybersecurity, safety, security and privacy platform

Published: 27-07-2021 13:16:00 | By: Pie Kamau | hits: 3196 | Tags:

NightDragon announced the close of NightDragon Growth I, a new $750 million venture capital fund to invest in and advise late-stage and growth companies in the cybersecurity, safety, security and privacy industry. The fund will aim to advance the industry and close the gap between offense and defense amidst today's aggressive threat landscape.

The NightDragon team is led by Founder and Managing Director Dave DeWalt, a long-time cybersecurity veteran and the former CEO of FireEye, McAfee and Documentum. He is joined by Managing Director Ken Gonzalez and Partner Morgan Kyauk, bringing together decades of experience leading and operating some of cybersecurity and technology's most significant companies.

The fund comes at a time when physical and cybersecurity threats are significantly damaging businesses and government organizations around the world. The team plans to use its significant industry expertise, extensive network and government connections to identify the most critical gaps causing these challenges and invest in the companies that can solve them.  

Dave DeWalt, Founder and Managing Director, NightDragon: "NightDragon is committed to investing and advising companies that we believe can help advance the state of security from silicon to satellite. I could not be prouder to announce this NightDragon fund and work alongside this team, our partners and the broader NightDragon Network to support this critical mission."

NightDragon Growth I is part of the broader NightDragon Platform, which includes partnerships, people and programs at every stage of the startup journey from incubation to IPO and exit. This includes affiliations with leading incubators, early-stage investment firms, NightDragon Advisory, private equity companies, IPO experts and M&A firms. Partners in this platform include DataTribe, AllegisCyber Capital, Team8, YL Ventures and Momentum Cyber.

These partnerships add to a set of programs available exclusively to NightDragon portfolio companies under the NightDragon Network, including ND Talent, ND Government Services and ND Go-to-Market. These programs help give NightDragon companies the edge and expertise to break into new markets, recruit new talent, grow internationally, align with leading technology, service provider and systems integrator partners and more. Partners include Carahsoft, Macnica, Cyber Future Foundation and the Athena Alliance.

www.nightdragon.com