Paladin Capital Names Longtime Strategic Advisors as Managing Directors, Expands Executive Leadership Team

Washington, D.C. – Paladin Capital Group, the multi-stage investor in cyber, AI and advanced technology, is pleased to announce that former U.S. National Cyber Director Chris Inglis and retired Air Force four-star General Mike Minihan have been named as Managing Directors. Both Inglis and Gen. Minihan are currently members of the firm’s Strategic Advisory Group (SAG), […]
Paladin Global Institute Releases a Governance Layer Primer to Encourage Trustworthy AI Development
Washington, D.C. – Today, the Paladin Global Institute (PGI), led by Kemba Walden, released a primer entitled “The Governance Layer: A Primer for Tech and Cyber Policy.” This follows the 2025 introduction of the “AI Tech Stack” framework by PGI. This latest paper proposes a new governance paradigm that acknowledges AI’s distinct risks and has a foundational structure […]
Strategic Advisor Chris Inglis Honored with INSA William Oliver Baker Award, Highly Prestigious Distinction in U.S. National Security
Paladin Capital Group Honors Chris Inglish’ Lifetime of Vision, Leadership and Service to our Nation’s Security. VIEW THE CHRIS INGLIS TRIBUTE VIDEO. WASHINGTON, D.C. – Chris Inglis, former U.S. National Cyber Director and Senior Strategic Advisor to Paladin Capital Group, received the Intelligence and National Security Alliance’s (INSA) esteemed 2026 William Oliver Baker Award. This distinction, considered […]
Paladin Portfolio Company, HawkEye 360 Successfully Completes Initial Public Offering

Washington D.C. – Paladin Capital Group congratulates its Cyber Fund III portfolio company HawkEye 360 on the successful completion of its initial public offering. HawkEye 360, a category-defining defense tech radio frequency (RF) satellite intelligence and security platform, began trading on the New York Stock Exchange on May 7 under the ticker symbol “HAWK.” The […]
Cyber and information security expert Andrea Rigoni joins Paladin Capital Group as Strategic Advisor

Washington, D.C. – Paladin Capital Group, the multi-stage investor in cyber and advanced technology, is pleased to announce that information and cyber security professional Andrea Rigoni will join the firm’s Strategic Advisory Group (SAG), a team of experienced advisors specializing in security, government, and commercial markets to support the firm’s investment strategy and portfolio companies. Rigoni is an international authority in digital security with experience […]
ICYMI: Paladin’s Chief Scientist Safety Tech Dr. Mary Aiken Op-Ed on What Grok’s Nudification Scandal Teaches Us

“Focusing solely on Grok is not the point – it may be today’s headline, but it is not the only system capable of producing sexualised, degrading or illegal imagery.” World leading cyberpsychologist and Paladin Capital Group’s Chief Scientist Safety Tech Dr. Mary Aiken wrote an op-ed for The Journal on how Grok’s “nudify” controversy shouldn’t be treated as a […]
Dam Secure Raises $4M to Secure AI-Generated Code for Enterprises

Sydney, Australia and San Francisco, CA – AI security startup Dam Secure has raised $4 million in a seed funding round led by Washington, D.C.-based cyber and AI investor, Paladin Capital Group, to solve for the security risks created by AI-generated code entering production at scale. Founded by Patrick Collins and Simon Harloff, Dam Secure is […]
Paladin Capital Group Portfolio Company IriusRisk Combines with ThreatModeler to Create Threat Modeling Category Leader

Paladin led IriusRisk’s Series A and B rounds, totaling $23 million in funding Washington, D.C. – Today, Paladin Capital Group’s portfolio company IriusRisk, a leading threat modeling platform, announced its acquisition by ThreatModeler. The combination brings together two of the leading global providers of threat modeling solutions that embed security early in the software design and […]
Paladin Capital Group Releases Latest Safety Tech Report, Finds Growing and Evolving Industry to Protect Users as AI Adoption Accelerates

Safety Tech Market Value Exceeded $1 Billion in 2025, Demonstrating Significant Growth Since 2024 Washington, D.C. – Today, Paladin Capital Group, a leading multi-stage investor in advanced cyber and AI technologies, released its third annual “International State of Safety Tech Report,” which found that in 2025 alone, industry growth exceeded all prior years and raised more than $1 […]
Cellebrite Completes Acquisition of Paladin Portfolio Company Corellium

Paladin made its first investment in Corellium in its 2021 Series A round Washington, D.C. – Cellebrite (NASDAQ: CLBT) has completed its acquisition of Paladin Capital Group portfolio company Corellium, resulting in an excellent return on capital to Paladin’s Limited Partners. The deal has an enterprise value of up to $200 million, a portion of which is […]
Paladin Global Institute President Kemba Walden Named One of Washington’s Most Powerful Women

Washington, D.C. – Last week, the President of the Paladin Global Institute Kemba Walden was featured among The Washingtonian’s 2025 Most Powerful Women in Washington in the Lobbying, Advocacy, and Think Tank category. Every year, The Washingtonian puts together a list of the most influential women in the city who are shaping government, business, the arts, education, law, media, and nonprofits. […]
Mimica raises $26.2m to make AI agents actually work in the real world

Series B raise led by Paladin Capital Group to accelerate Mimica’s growth to train AI agents in the enterprise Process intelligence tech captures how repetitive tasks are carried out in the real world, providing the roadmap for rolling out AI agents that work Used by Fortune 500 leaders to identify high-impact automation opportunities, delivering millions […]
Paladin Capital Group Portfolio Company CalypsoAI Enters Into Agreement to be Acquired by F5

Paladin led the Series A and follow-on financings for CalypsoAI, with total capital raised exceeding $40 million Washington, D.C. – Today, Paladin Capital Group’s portfolio company, CalypsoAI, a leading adaptive AI security platform for the agentic era, announced its agreement to be acquired by F5, Inc. (NASDAQ: FFIV), the global leader in delivering and securing every app and API. F5 will […]
MIND Raises $30M Series A Funding To Deliver Autonomous Data Loss Prevention Through AI

Led by Paladin Capital Group and Crosspoint Capital Partners, MIND is already serving Fortune 1000 companies across diverse industries. SEATTLE, Washington — MIND™, the upcoming leader in data loss prevention (DLP), today announced $30M Series A funding, just seven months after emerging from stealth, led by Paladin Capital Group and Crosspoint Capital Partners with participation from Okta […]
Paladin Founder Michael Steed Recognized as One of Washington D.C.’s 500 Most Influential People of 2025

Founder and Managing Partner of Paladin Capital Group Michael Steed has been recognized by Washingtonian Magazine as one of the top leaders shaping policy debates in Washington, D.C. in the Tech and Telecom category. This recognition is part of Washington D.C.’s 500 Most Influential People of 2025, a list reserved for the region’s leading minds across a variety […]
Securing the Agentic Future: How CalypsoAI Is Redefining Cybersecurity, Starting with AI Security

The RSA Conference is one of the biggest stages in the cyber industry, and we are excited to celebrate CalypsoAI’s recognition as a Top 10 Finalist in the RSA Conference 2025 Innovation Sandbox—one of the most competitive and respected stages in cybersecurity. Paladin Capital Group made our first investment in CalypsoAI in 2020, recognizing the need for […]
Paladin Global Institute President Kemba Walden Joins Leading Cyber Experts at Wall Street Journal Live Event

New York, NY – On Tuesday, March 18, President of the Paladin Global Institute and former U.S. Acting National Cyber Director Kemba Walden participated in the 2025 Wall Street Journal’s Tech Live: Cybersecurity, where she sat down with Wall Street Journal News Editor Sara Castellanos for a one-on-one conversation about cybersecurity advocacy and policy. This […]
Paladin Capital Group Congratulates Sean Cairncross on His Nomination as National Cyber Director

Washington, D.C. – Today, Michael Steed – Founder and Managing Partner of Paladin Capital Group, the multi-stage, dual-use investor specializing in cyber, AI, defense tech, and advanced technologies – issued the following statement applauding the nomination of Sean Cairncross to the position of U.S. National Cyber Director
HACK THE BOX SECURES $55 MILLION IN SERIES B FUNDING LED BY CARLYLE
Minority growth investment in gamified cybersecurity online upskilling & talent assessment platform is set to reduce the severe global cybersecurity skills shortage and help organizations enhance their cyberattack readiness New York and London, January 11, 2023: Hack The Box, the leading gamified continuous cybersecurity upskilling and talent assessment platform, today announces a Series B investment […]
Five Key Takeaways from the Aspen Cyber Summit New York Lunch Panel
By Michael Steed Just before Thanksgiving, Paladin was proud to sponsor the Aspen Cyber Summit New York. The Aspen Institute brought together leaders from government and industry to discuss the greatest cyber threats we face today—and the technology we rely on to protect us from them. Paladin hosted a lunch where Paladin’s Founder, Michael Steed, […]
Cryptography and Cybersecurity Expert Najwa Aaraj joins Paladin Capital as Strategic Advisor

Cyber and advanced technologies investor Paladin Capital Group is pleased to announce that Najwa Aaraj has been appointed to the firm’s Strategic Advisory Group.
Elliptic Raises $60 Million To Accelerate Safe Adoption of Cryptoassets By Mainstream Financial Markets
Elliptic, the global leader in cryptoasset risk management, announced today it has raised $60 million in a Series C funding. The financing round was led by Evolution Equity Partners, alongside new investment from SoftBank Vision Fund 2.
Paladin Capital Group congratulates Chris Inglis on swearing in as National Cyber Director
Washington D.C. – On the occasion of the swearing-in ceremony of Chris Inglis as the United States Government’s National Cyber Director, Paladin Capital Group, the global cybersecurity investor, congratulates our former colleague on his confirmation by the Senate and his swearing in as the nation’s first National Cyber Director. Chris has served as a Managing […]
Paladin Capital Group Announces Acquisition of Cloud Conformity by Trend Micro
Paladin Capital Group – a multi-stage investment firm focused on cybersecurity – announced the successful exit of its investment in Cloud Conformity, a leading Cloud Security Posture Management (CSPM) company, to Trend Micro.
Paladin Capital Group promotes Mourad Yesayan as its newest Managing Director

Paladin Capital Group, a leading multi-stage venture capital firm based in Washington DC, is pleased to announce the promotion of Mourad Yesayan to Managing Director. Mourad is an investment lead for the firm’s Cyber Fund, which invests globally in early stage companies with solutions for cyber security and digital resilience.
Renowned Hacker, Former Twitter & Uber Security Officer Charlie Miller Joins the RangeForce Advisory Board
Dr. Charlie Miller, “one of the most technically proficient hackers on Earth” (according to Foreign Policy magazine) has joined RangeForce’s advisory board. RangeForce is the world’s most comprehensive cybersecurity simulation and skills analytics platform enabling technical practitioners to hone their skills in realistic virtual environments. After receiving his Ph.D. in Mathematics from the University of […]
Digital Shadows Raises Strategic Investment Round to Fuel Accelerated Growth
National Australia Bank Ventures leads $10M investment round London and San Francisco, July 9, 2019 – Digital Shadows, the leader in digital risk protection, today announced $10M in a strategic funding round. The round is led by the ventures arm of new investor and current customer, National Australia Bank (NAB). Existing investors, including Octopus Ventures, […]
Cybersecurity Company Expel Announces $40 Million in Series C Funding
Expel, the leader in making customers smile when they hear the term “managed security,” announced today that the company secured $40 Million in Series C funding. The funding round was led by Index Ventures with participation from Battery Ventures, Greycroft, NEA, Paladin Capital Group and Scale Venture Partners. Shardul Shah, partner at Index Ventures will join Expel’s board of directors. To date, Expel has secured a combined total of $67.5 Million in funding.
RANGEFORCE RAISES $1.5M ROUND LED BY PALADIN CAPITAL FOR CYBERSECURITY SIMULATION-BASED LEARNING PLATFORM
RangeForce, an Estonia and New York-based cybersecurity start-up, has raised $1.5 million in seed funding led by Paladin Capital Group with participation from Trind Ventures. Gibb Witham from Paladin Capital Group will join the board of directors.
RiskLens Closes $20 Million Series B to Expand Leadership in Cyber Risk Quantification
Paladin Capital Group leads syndicate with F-Prime Capital and MassMutual Ventures; Supporting and Accelerating Growth Trend of 100% Year-over-Year
Cybersecurity Startup GreyNoise Secures Seed Funding to Reduce Internet Background Noise
GreyNoise Intelligence, founded by Andrew Morris, today announced that the company has completed a $600K seed financing. GreyNoise identifies Internet background noise caused by benign sources that inflate the volume of security alerts that security operations teams need to analyze. Consisting largely of false positives, filtering this background noise out allows security teams to streamline and prioritize threat analysis.
Paladin Capital Group Names Former National Security Agency Deputy Director Rick Ledgett as its Newest Managing Director
Paladin Capital Group is pleased to announce that Rick Ledgett, who was most recently the National Security Agency Deputy Director will join Paladin Capital Group as a Managing Director. Mr. Ledgett has four decades of intelligence, cyber security and cyber operations experience, including 29 years with the National Security Agency (NSA).
White Ops, Google Dismantle Massive Online Fraud Operation Named ‘3ve’
White Ops today announced that it has dismantled one of the most sophisticated ad fraud operations to date in collaboration with Google and other key partners. This complex and ever-shifting global network of malicious bots, named “3ve” (pronounced “Eve”), infected at minimum 1.7 million computers at any given time, counterfeited more than 10,000 websites, and generated between 3 to 12 billion requests per day to sell fake online advertising.
Vice Admiral (Ret.) Jan Tighe Joins Paladin Capital Group’s Strategic Advisory Group
Further Strengthening Paladin Capital Group’s Strategic Advisory Group Paladin Capital Group is pleased to announce that Vice Admiral (Ret.) Jan Tighe, has joined Paladin’s Strategic Advisory Group. “Jan is one of the world’s foremost authorities on cyber security serving as Commander, Tenth Fleet/Fleet Cyber Command. We are delighted to welcome her at this exciting time […]
SCYTHE Secures $3 Million in Initial Financing Round Led by Gula Tech Adventures
Top tech leaders invest in company delivering industry’s first real-world attack simulation capabilities for enterprise red and blue teams. ARLINGTON, Va.–(BUSINESS WIRE)–SCYTHE Inc., provider of the most advanced attack simulation platform on the market, today announced that the company has raised $3 million in an initial funding round led by cybersecurity industry veteran and co-founder of Tenable, Ron […]
Secure Application Development Company Secure Code Warrior Raises $3.5M
Funding from Paladin Capital Group and AirTree Ventures enables rapid expansion of North American and global operations SYDNEY, LONDON, BRUGES, BOSTON: 12 September 2018 – Secure application development platform provider Secure Code Warrior announced today that it has gained US$3.5 million in funding from two strategic venture capital firms. The financing was led by Washington […]
RiskSense Raises $12MM in Series B Funding Round Co-Led by Spring Mountain Capital and NightDragon Security
RiskSense®, Inc., the pioneer in intelligent threat and vulnerability prioritization, today announced it has closed a $12 million Series B round of financing co-led by Spring Mountain Capital and NightDragon Security, with participation from UL Ventures, Paladin Capital Group, Sun Mountain Capital, EPIC Ventures and Jump Capital.
Cloud Conformity Announces $2.8 Million Series A Financing Led by Paladin Capital Group
Cloud Conformity, a leader in public cloud infrastructure security and compliance monitoring, today announced a $2.8 million Series A funding led by Paladin Capital Group, with participation from Jump Capital. As part of the funding round, Tom Clute from Paladin Capital Group will join the board of directors.
CYBER SECURITY COMPANY PANASEER RAISES $10 MILLION IN SERIES A FUNDING
Panaseer, a cyber security software company, today announced it has secured $10 million in Series A funding. The financing round was led by Evolution Equity Partners with participation from existing investors including Notion Capital, Albion Capital, Winton Ventures and Paladin Capital Group, as well as new investor Cisco Investments.
Bugcrowd Secures $26 Million to Enable Customers and Researchers to Outhack Them All
Bugcrowd, the leader in crowdsourced security, announced today it has closed $26 million in a Series C funding round led by Triangle Peak Partners. This funding comes on the heels of a record quarter where Bugcrowd added to its growing list of commercial and Fortune 500 customers, expanded globally with offices in London and Sydney, and grew its executive team.
Paladin Capital Group Announces Acquisition of PhishMe by Private Equity Syndicate
Paladin Capital Group – a multi-stage investment firm focused on cybersecurity – announced the successful realization of its investment in PhishMe, the industry leader in human-enabled cyber defense solutions, to a syndicate of investors led by BlackRock and Pamplona Capital Management. With a deal valuing PhishMe at around $400 million, the exit represents the largest in the field of human-enabled cyber defense.
Paladin Year in Review
Cyber in Review Friends of Paladin: At the end of 2017, our firm held a roundtable with leaders in cybersecurity representing local think tanks, law firms, universities, and U.S. Government agencies. During our discussion, we reflected on some of the more important events that occurred in 2017 and what new trends we anticipate coming to […]
Anomali Raises $40 Million in Series D Funding, Announces New Executive Hires
Anomali, the leading provider of threat management and collaboration solutions, announced today that it has closed an oversubscribed $40 million round of Series D funding. The round was led by Lumia Capital, a firm focused on helping technology market leaders expand globally. Deutsche Telekom Capital Partners (DTCP), Telstra and Sozo Ventures also participated in the round along with returning investors GV, General Catalyst, IVP and Paladin Capital Group.
PhishMe is Recognized by Deloitte’s 2017 Technology Fast 500™
PhishMe®, the leading provider of human phishing defense solutions, announced it has been recognized by Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. PhishMe was ranked No. 114 in the software category and No. 200 overall. This is the third consecutive year PhishMe has been named to the Deloitte Fast 500.
Expel Delivers Antidote for Failed Managed Security Relationships
Today, Expel announced that it’s tearing open the black box that managed security service providers (MSSPs) have been allowed to hide in for far too long with the introduction of Expel 24×7, a transparent managed security service.
Early and Growth Stage Cyber Technology Companies to Benefit from New Collaboration between VT Partners and Paladin Capital Group
Paladin announces former Carlyle Group Director Nazo Moosa as its new Senior Strategic Partner, Europe as part of a unique collaboration with VT Partners
Karamba Security Closes $12M in Series B Financing to Address Increasing Demand for its Preventive Approach to Automotive Cybersecurity
Karamba Security, a provider of cybersecurity solutions for connected and autonomous vehicles, today announced $12 million in Series B funding, bringing total investment in the company to $17 million, 15 months after closing a seed round in March 2016. The funding was driven by investors’ excitement over customer engagements, resulting from Karamba’s unique automotive cyberprevention technology. The investment will be used to expand customer support, sales and R&D organizations so that it can meet the rapidly growing demand.
Paladin Capital Group Joins with European Investment Fund and Luxembourg Future Fund to Invest in EU Based Cyber Security Firms
Washington, D.C. and Luxembourg – April 5, 2017 – Paladin Capital Group is pleased to announce the initial closing of its European Cyber Fund based in Luxembourg, with commitments side-by-side from the European Investment Fund and Luxembourg Future Fund. The fund, which will invest in cyber security companies throughout Europe and the globe, is managed […]
White Ops Exposes Largest and Most Profitable Ad Fraud Bot Operation
White Ops, the leading provider of human verification services for the digital advertising market, announced today that its security researchers have exposed the most profitable and advanced ad fraud operation ever seen by the industry.
Endgame Awarded Largest EDR Contract of Year with U.S. Air Force to Prevent, Stop, and Hunt Advanced Adversaries
Endgame, a leading endpoint security platform to close the protection gap against advanced attackers, announced today that it has won a $18.8 million contract with the U.S. Air Force to safeguard networks for their elite Cyber Protection Teams.
New Security Startup Expel Secures $7.5 Million Series A Financing
Expel, Inc., a new cyber security company founded by prominent industry veterans, announced it closed $7.5 million in Series A funding from experienced security investors. The financing was led by Paladin Capital Group, with participation from New Enterprise Associates, Battery Ventures, Greycroft Partners, Lightbank, and other strategic and individual investors. Expel is founded by senior executives previously at FireEye and Mandiant.
White Ops snags $20 million Series B
White Ops, the leading provider of sophisticated invalid traffic (SIVT) detection and prevention services for the digital advertising market, today announced that it has closed a $20 million Series B funding round. Original investors Paladin Capital Group and Grotech Ventures led the new funding round with participation from additional cyber security industry investors.
Anomali Secures Strategic Investment By In-Q-Tel
Anomali, the provider of the market-leading ThreatStream threat intelligence and Anomali Enterprise platforms, announced today its technology development agreement with In-Q-Tel (IQT), the independent, non-profit strategic investor that identifies, adapts and delivers innovative technology solutions to support the mission of the U.S. Intelligence Community (IC).
RiskSense Secures $7 Million Investment to Accelerate Growth
RiskSense®, Inc., the pioneer and market leader in pro-active cyber risk management, today announced that it is closing a $7 Million round of funding led by Paladin Capital Group.
PhishMe Continues to Dominate Phishing Threat Management and Intelligence Market with Malcovery Acquisition
PhishMe® Inc., the leading provider of phishing threat management solutions, announced today that it has acquired key assets of phishing intelligence firm – Malcovery Security LLC
PhishMe Named to Inc. 5000 List of Fastest Growing Private Companies; Identified as a Top 10 Security Company
PhishMe® Inc., the leading provider of phishing threat management solutions that empower employees to be a layer of human security sensors against phishing, malware, and drive-by attacks, today announced that Inc. Magazine has named it one of the 2015 Top 5000 Fastest-Growing Private Companies in the U.S. PhishMe ranked in the 89th percentile of all companies evaluated. Among security companies, it ranked in the top 10 nationwide and No. 2 in the State of Virginia.
PhishMe Unveils New Security Solution for Enhanced Visibility into Targeted Phishing Attacks
PhishMe® Inc., the leading provider of phishing threat management solutions that empower employees to be a layer of human security sensors against phishing, malware, and drive-by attacks, today introduces PhishMe Triage, a new product offering that gives incident responders the analytics and visibility into email-based attacks occurring against their organizations in near real-time.
PhishMe Closes $13 Million Investment with Paladin Capital Group and Aldrich Capital Partners
PhishMe® Inc., the leading provider of phishing threat management solutions that empower employees to be a layer of human security sensors against phishing, malware, and drive-by attacks, today announced it has raised $13 million in Series B funding led by existing investor Paladin Capital Group and new investor Aldrich Capital Partners.
ProtectWise Emerges from Stealth with More than $17 Million in Funding to Launch World’s First Cloud Network DVR for Enterprise Security
ProtectWise exits stealth today to launch a breakthrough cloud-based architecture poised to change the landscape of enterprise network security. ProtectWise leverages cloud economies of scale to deliver a subscription-based service that eliminates blind spots in threat detection, ends alarm fatigue by identifying and prioritizing network threats, and delivers faster and more effective incident response.
ThreatStream Lands $22 Million in Series B Funding Led by General Catalyst Partners
ThreatStream, the provider of a threat intelligence platform that identifies cyber threats and facilitates trusted threat sharing, today announced that it has raised $22 million in series B funding led by General Catalyst Partners, with significant investment by new investors Institutional Venture Partners and previous investors Google Ventures and Paladin Capital Group.
Racemi Announces $10 Million Series C Funding
Racemi, a provider of automated server migration software, has closed a $10 million Series C round of venture financing. The round included new investors, led by Milestone Venture Partners, along with existing investors Harbert Venture Partners, and Paladin Capital Group.
PhishMe Reports Third Consecutive Year of Extraordinary Growth
PhishMe Inc., creator of the industry-leading phishing mitigation and detection platform, today reported extraordinary corporate performance for the 2013 fiscal year. Bookings grew 130% over the previous year and the company achieved significant increases across all key corporate performance measures, including the largest fourth quarter in company history.
Paladin Capital Group Marks Another Successful Exit in Sale of Unitrends
Unitrends, the leading provider of all-in-one backup, archiving, instant recovery and disaster recovery solutions, today announced that it has received a major growth equity investment from Insight Venture Partners, a leading global private equity and venture capital firm. Financial terms of the transaction were not disclosed.