VIENNA, Va., May 21, 2021 / PRNewswire / – Blu Venture Investors, a leading venture capital firm, today announced the launch of the BVI Cyber Fund, a $ 25 million fund aimed at growth companies in Series A cybersecurity. This fund is based on the success and momentum that Blu Ventures has established in supporting the cybersecurity ecosystem in the Mid-Atlantic region and beyond. .
“With more than 800 cybersecurity companies in the Washington dc in the region, Blu Ventures is sitting at the center of the cyber / smart ecosystem, ”he said. Michael Sutton, Member of the Investment Committee and former CSO of Zscaler. “We are thrilled to continue to help fast-growing cyber businesses scale and address the most challenging cybersecurity challenges facing business and government organizations today.”
The calendar of the BVI Cyber Fund comes at a crucial time given the record increase in non-compliance and sophisticated cyberattacks and President Biden May 12, 2021 Executive Order on Improving the Nation’s Cybersecurity. Blu Ventures has invested and will continue to invest in future-oriented cybersecurity technologies within core areas that include endpoint detection and response, data storage; Web and cloud; Messaging; Net; Industrial and Internet of Things (IoT); Intel threat; Phone; Fraud protection and transactions; Risk, Compliance and Training; Specialized analysis and protection against security threats and operations and incident response.
About Blu Venture Investors
Founded in 2010, Blu Ventures has so far deployed $ 85 million in early-stage cyber and enterprise software companies. The firm is currently investing in 35 cyber companies to include ID.me, Cybrary, Huntress Labs, Ostendio and Threat Quotient. As a leading venture capital firm, Blu’s majors bring experience in a variety of industries and an investment perspective closely aligned with entrepreneurs. For more information, visit https://bluventureinvestors.com.
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