Blu Venture Investors, a venture capital firm based in Vienna, VA, which supports the cybersecurity ecosystem in the Mid-Atlantic region and beyond, launched a $ 25 million fund.
The BVI Cyber Fund is aimed at growing Series A cybersecurity companies.
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.
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.