Expel Investors Fuel Rapid Growth with Additional Series E Investment, Bringing Total Funding to $288.8 Million
Funding led by CapitalG and Paladin demonstrates high confidence in Expel’s trajectory Herndon, Va. October 3, 2022 – Expel, the managed security provider that aims to make security easy to understand, use and improve, today announced that it has increased its Series E funding round, led by Alphabet’s independent growth fund CapitalG and Paladin Capital […]
Semperis Recognized as One of America’s Fastest-Growing Cybersecurity Companies for the Second Consecutive Year on Inc. 5000 List
Identity Threat Detection and Response Leader Ranks in the Top Five Fastest-Growing Cybersecurity Companies with Three-Year Revenue Growth of over 2,800% HOBOKEN, N.J.–(BUSINESS WIRE)–Semperis, a pioneer of identity-driven cyber resilience for enterprises, today announced it ranked No. 186 on the 2022 Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in […]
Paladin Founder Michael Steed Joins John F. Kennedy Library Foundation Board
WASHINGTON – Today, Paladin Capital Group Managing Partner and Founder Michael Steed joined the board of the John F. Kennedy Library Foundation. The Foundation, whose Board of Directors unanimously elected Steed aims to perpetuate President Kennedy’s ideals of democracy and freedom in young people all over the world. The foundation is the nonprofit partner and […]
Shining a Light on our Investment in Digital Shadows
by Christopher Steed These are exciting times for threat intelligence provider Digital Shadows, as it enters the next stage of its growth journey by joining Reliaquest, the KKR-backed SaaS cybersecurity platform that helps organizations achieve consistent security outcomes. When we first invested in Digital Shadows in a $14m Series B in 2016, the company had […]
Paladin Portfolio Company GreyNoise Raises $15 Million in Series A Funding to Fight Cyber Distractions and Mass Vulnerability Exploitation
GreyNoise Intelligence, the cyber security company analyzing internet scanning traffic to separate threats from background noise, today announced that it has raised a $15 Million round of Series A funding led by Radian Capital. With participation from CRV, Inner Loop, Stone Mill Ventures and Paladin Capital, this brings the total of funding raised to date to […]
Paladin Capital Group Announces Close of $372 Million Cyber Fund II
Latest Fund to Target Cybersecurity Startups Across Sectors Bringing Innovative Technologies to Market WASHINGTON – June 1, 2022 – Paladin Capital Group, a leading cyber and advanced technology investor, today announced the closing of its Cyber Fund II (“the Fund”), a $372 million multi-stage fund that invests in cybersecurity startups bringing innovative technologies to market. […]
Paladin Portfolio Company Digital Shadows To Join ReliaQuest
TAMPA, Fla., June 01, 2022 (GLOBE NEWSWIRE) — ReliaQuest, a force multiplier of security operations, today announced that it has entered into an agreement to acquire Digital Shadows, a company that delivers threat intelligence for security teams, for $160 million. The acquisition combines ReliaQuest’s ability to extend detection and response across cloud, network, and endpoint […]
KKR Leads $200+ Million Growth Investment in Enterprise Identity Protection Leader Semperis
Semperis experiencing hyper-growth attributed to its solutions’ unique capability to defend and recover from directory-based attacks combined with the company’s incident response expertise Hoboken, NJ — May 24, 2022 — Semperis, a pioneer in identity-driven cyber resilience for enterprises, today announced it has raised over $200 million in Series C funding led by KKR, with participation […]
Nisos Raises $15M in Series B Funding to Accelerate Growth with Investments in Offerings, Services and Staff
Managed Intelligence Provider Experienced Significant Momentum with 140 Percent Increase in Bookings Year-Over-Year May 24, 2022, ALEXANDRIA, Va – Nisos, The Managed Intelligence CompanyTM, today announced $15 million in Series B funding led by global cyber investor Paladin Capital Group alongside existing investors Columbia Capital and Skylab Capital. The new funding will be leveraged to […]
Politico has ranked Paladin Managing Director Ciaran Martin as one of the most influential people in European tech
Politico has ranked Paladin Managing Director Ciaran Martin as one of the most influential people in European tech. They say Ciaran is a “visionary” – and we agree. Ciaran made the transition from government to academia and the private sector in 2020. As specialist cyber investors, Ciaran helps Paladin to navigate the choppy waters of cyber risk, […]
Paladin Capital Group Advisor Professor Mary Aiken Awarded Freedom of the City of Dublin
Professor Aiken joins an illustrious list including former US presidents John F. Kennedy and Bill Clinton, Nelson Mandela and Mother Teresa. May 12, 2022 – Washington D.C. – Professor Mary Aiken, cyberpsychologist and integral member of Paladin’s Strategic Advisory Group, has been conferred the prestigious award of Honorary Freedom of the City of Dublin. The Lord Mayor […]
Semperis
Hubble Technology
Hubble Technology Secures $9 Million In Seed Funding to Revolutionize Asset Visibility Led by Paladin Capital Group
RESTON, Va., May 4, 2022 /PRNewswire/ — Hubble Technology, the pioneer in agentless technology asset visibility, announced today it has closed $9 million in seed financing led by Paladin Capital Group with participation from Accel, CrowdStrike’s Falcon Fund and a cadre of high profile cyber security executives. “Hubble is changing the way customers understand, secure […]
Sandbox AQ
Paladin Capital Group joins Google Spinoff Sandbox AQ’s first fundraising round
Google Spinoff Sandbox AQ announced their first fundraising round with participation from both Paladin Capital Group and In-Q-Tel. Paladin Chief Investment Officer, Chris Steed is also featured and comments on the market capabilities which could be worth billions. The full article was published by Bloomberg and can be found here. ABOUT PALADIN CAPITAL GROUP Paladin Capital […]
Ursa Space Raises $16 Million In Series C Funding To Accelerate Time-To-Insight For Customers In The Satellite Intelligence Market
ITHACA, NY, MARCH 21, 2022 – Ursa Space, the global satellite intelligence infrastructure company, announced the first close of its Series C Round with $16 million in funding led by Dorilton Ventures. Existing investors who participated in the round included Razor’s Edge Ventures, RRE Ventures, Paladin Capital Group, and others. Ursa Space will use the new investment to respond to […]
Decentriq closes $15 million Series A funding to enable secure and compliant data collaboration for every organization via data clean rooms
– Funding round, led by Eclipse Ventures, with participation from existing investors Atlantic Labs, btov Partners, and Paladin Capital Group – Investment used to further accelerate the development and commercialization of the most secure data clean rooms based on AI, state-of-the-art encryption and privacy-enhancing technologies (PET). Zürich, Switzerland, 22 March 2022 – Decentriq, a Swiss […]
FireTail
Paladin Portfolio Company Menlo Micro, Announced Its $150 Million Series C Investment Round
IRVINE, Calif., March 9, 2022 – Menlo Microsystems, Inc. (Menlo Micro), the company responsible for reinventing the electronic switch with its Ideal Switch™ technology, announced today its $150 million Series C, bringing Menlo Micro’s total cumulative funding to over $225 million. Vertical Venture Partners and Tony Fadell’s Future Shape led the round with participation from new investors […]
Paladin Portfolio Company CalypsoAI to Support $249 Million-Ceiling Joint Artificial Intelligence Center Blanket Purchase Agreement in Partnership with Noblis
Washington, D.C, March 1, 2022 – CalypsoAI, the market leader in testing and validation for artificial intelligence (AI) systems, today announced it has been selected to provide critical test and evaluation services for the U.S. Department of Defense (DoD) Joint Artificial Intelligence Center (JAIC) under a $249 million-ceiling Blanket Purchase Agreement. CalypsoAI will partner with Noblis and i3 to deliver artificial […]
Cloudflare Acquires Paladin Portfolio Company Vectrix to Help Businesses Gain Visibility and Control of Their Applications
Acquisition adds modern cloud access security broker (CASB) functionality to Cloudflare’s industry-leading Zero Trust platform SAN FRANCISCO–(BUSINESS WIRE)–Cloudflare, Inc. (NYSE: NET), the security, performance, and reliability company helping to build a better Internet, today announced that it has acquired Vectrix, a company that provides businesses one-click visibility and control across all of their SaaS applications. Vectrix […]
Former UK Cyber Chief and Paladin Managing Director on Russia’s Cyber Aggression: “We’ve Got to Up Our Defenses”
Paladin Capital Group convenes expert discussion on Russia’s cyber aggression against Ukraine and its implications for US and European businesses Washington DC, Feb. 3, 2022 – Experts from Paladin Capital Group, a leading cyber and advanced technology investor, warned that escalating Russian cyber aggression against Ukraine could result in fallout for U.S. and European businesses. […]
Paladin Portfolio Company, Expel, Adds Growth Veterans to Leadership Team, Continues Momentum Following Fundraise and $1B+ valuation
With over 45 years of collective industry experience, Jennifer Lawrence and Kelly Fiedler will drive business growth as Chief Revenue Officer and Chief Marketing Officer, respectively. Herndon, Va. – January 12, 2022 – Expel, the managed detection and response (MDR) provider that aims to make great security as accessible as the internet, today announced two additions […]
Paladin Capital Issues First Ever Report on Emerging Billion Dollar U.S. ‘Safety Tech’ Market
Report from World’s Leading Cyberpsychologist and Paladin Advisor Professor Mary Aiken Identifies Significant Opportunity in Solutions and Technology Designed to Promote Safer Online User Experiences Washington DC, Jan. 12, 2022 – Paladin Capital Group, a cyber and advanced technology investor just released the first-ever report and analysis of America’s emerging online safety technology sector.’ Based […]
2021: A Pivotal Year In Cyber Security
By Ciaran Martin and Rick Ledgett, Managing Directors of Paladin Capital Group Some years in cyber security are relatively quiet; in others, events wake us up to particular themes about the reality of digital insecurity in the modern world. 2021 has proved to be one of the most significant years in cyber security for some time. […]
Interactive streaming platform Adventr, founded by Grammy-winning producer Devo Harris, secures $5m seed investment
Investment led by Paladin Capital will position Adventr as a safe and secure low-cost, interactive streaming platform NEW YORK – December 14, 2021 – Adventr, the video communications software platform founded by Devo Harris, the Grammy Award-winning producer and media executive, has announced a $5 million seed round led by cyber and advanced technologies investor […]
Secure Code Warrior Inducted into JPMorgan Chase & Co’s 2021 Hall of Innovation
BOSTON, SYDNEY, LONDON – 16 December 2021 – Global secure coding company Secure Code Warrior® today announced it has been inducted into the JPMorgan Chase & Co Hall of Innovation. The award recognizes emerging private companies who have had significant business impact and delivered innovative technology solutions to JPMorgan Chase. Secure Code Warrior was one of three companies recognized […]
Corellium Secures $25M Series A Round, Led by Paladin Capital Group with Participation from Cisco Investments
Corellium brings Arm-device virtualization to mobile and IoT development and testing BOYNTON BEACH, FLORIDA (December 16, 2022) — Today, Corellium is announcing the completion of a $25M Series A investment round, led by Paladin Capital Group, with participation from Cisco Investments and other strategic investors. With this investment, Corellium will accelerate R&D to support skyrocketing […]
Information security leader Florence Mottay joins Paladin Capital as Strategic Advisor
Washington DC, USA – Cyber and advanced technologies investor Paladin Capital Group is pleased to announce that Florence Mottay has been appointed as an external Strategic Advisor. A software engineer by training, Florence is an experienced executive focused on information security and IT governance. She will help Paladin to assess potential investments in cyber security […]
Expel Raises $140.3 Million in Series E Funding, Catapulting Valuation to Over $1B
Expel, the managed detection and response (MDR) provider that aims to make great security as accessible as the internet, announced today that it has secured $140.3 million in Series E funding co-led by CapitalG, Alphabet’s independent growth fund, and Paladin Capital Group.
Unblocking innovation with better, faster and cheaper software testing – why Paladin invested in Virtuoso
By Ken Pentimonti In the race to capture market share, companies are under pressure to accelerate innovation. With tech-enabled services proliferating across every vertical from healthcare to industrials, a business that can deliver quality software quickly can overtake its competitors. Take a look under the hood at this engine of innovation however, and you’ll find […]
GreyNoise Awarded Production Contract with a $30 Million Ceiling by the United States Department of Defense
WASHINGTON NOVEMBER 16, 2021 – GreyNoise Intelligence, the anti threat intelligence company, today announced that it has been awarded a production contract with a $30 million ceiling by the United States Department of Defense (U.S. DoD). This new contract stems from GreyNoise’s initial prototype with the U.S. DoD’s Defense Innovation Unit (DIU), announced earlier in 2021, to help the Department identify […]
Virtuoso lands $13m Series A to further develop codeless, AI-powered test automation platform
London, UK – Nov 15, 2021 – Virtuoso, the company leading the quality-first revolution with its game-changing AI-powered testing automation platform, has announced a $13.3 million Series A round led by Paladin Capital and joined by Mubadala Capital and existing investors Crane Venture Partners, Forward Partners and Downing Ventures. Virtuoso’s mission is to reimagine software […]
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.
SCYTHE Announces $10 Million Series A Investment to Support Expansion of Enterprise-Level Cybersecurity
ARLINGTON, Va.– SCYTHE, a leader in adversarial emulation, today announced the company has received $10 million in Series A funding, led Gula Tech Ventures and Paladin Capital Group. The Series A also includes investment from Energy Impact Partners (EIP), and as part of the financing, SCYTHE will add a member of the EIP management team […]
Adventr
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 Managing Director Ciaran Martin Shares Some Thoughts on SMEs’ Cyber Readiness
By: Professor Ciaran Martin, Managing Director, Paladin Capital Group A while back I enjoyed a [digital] sit down with a long term mentor and friend fellow Paladin Capital adviser, Sir David Omand. Sir David is someone from whom I have learned a great deal, not least in his recent book on How Spies Think. While […]
Virtuoso
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 advisor Dr Mary Aiken appointed as Professor and Chair of the Department of Cyberpsychology at Capitol Technology University, Washington D.C.
25 June 2021 – Washington D.C. – Dr Mary Aiken has been appointed to lead Capitol Technology University’s new Cyberpsychology Department as Chair and Professor. Capitol Technology is Washington D.C.’s premier STEM University, supplying human capital to America’s most technologically advanced government agencies and their private sector supply chains. Capitol Tech is a National Center of […]
CISA Selects Paladin-backed Bugcrowd to Run Its Vulnerability Disclosure Policy platform
The Cybersecurity and Infrastructure Security Agency (CISA), a federal agency of the US government, has selected Paladin portfolio company Bugcrowd to launch its first federal civilian enterprise-wide crowdsourced vulnerability disclosure policy (VDP) platform in support of Binding Operational Directive (BOD) 20-01. CISA, through the Cybersecurity Quality Services Management Office, is partnering with Bugcrowd – the […]
US Authorities Seize the Affiliate’s Share of the DarkSide Ransom Paid by Colonial Pipeline
Dr. Tom Robinson, Elliptic’s Co-founder and Chief Scientist discusses cryptocurrency forensics, investigations, compliance, and sanctions. The US Department of Justice and the FBI today announced that they had seized 63.7 BTC of the 75 BTC ransom paid to DarkSide by Colonial Pipeline. Elliptic’s analysis shows that this represents the bulk of the affiliate’s share of the ransom. […]
Paladin experts debate the cyber challenge
How do we salvage trust and build confidence in technology? Paladin Experts Prof. Ciaran Martin and Sir David Omand look at the answers to understandable concerns about AI and future innovations. They believe helping and protecting SMEs is essential, as is the need for solutions to perimeter monitoring and ransomware attacks. Commercial incentives to companies […]
Paladin Portfolio Company Panaseer raises $26.5M Series B led by AllegisCyber Capital
Panaseer, which takes a data science approach to cybersecurity, has raised $26.5 million in a Series B funding led by AllegisCyber Capital. Existing investors, including Evolution Equity Partners, Notion Capital, AlbionVC, Cisco Investments and Paladin Capital Group, as well as new investor National Grid Partners, also participated. Panaseer has now raised $43 million to date. Panaseer’s […]
Paladin experts debate startups and investing
As founding CEO of the UK’s National Cyber Security Centre, Ciaran Martin brought an entrepreneurial mindset to the heart of government. In this #Paladinexperts video, Ciaran shares his passion for the role of startups in meeting the cyber challenge and creating technologies that are of “dual use” – valuable to both government and the private […]
Expel Appoints Johanna Flower to its Board of Directors
Herndon, Va. – May 11, 2021 – Expel, the managed detection and response (MDR) provider that’s making great security as accessible as the internet, is pleased to announce the addition of Johanna Flower to its board of directors. Johanna brings over two decades of cybersecurity and go-to-market experience, most recently as chief marketing officer of CrowdStrike. […]
RiskLens
Corellium
Paladin experts debate trust in technology
For future prosperity, we can’t afford to have people lose trust in technology. In the second in our interview series, #PaladinExperts Sir David Omand and Prof. Ciaran Martin raise concerns about the ease of hacking into the Internet of Things and the impact of anonymity. They discuss the meaning of trustworthiness and its value to […]
Paladin experts debate how cyber security is changing
In the first of a series of interviews with #PaladinExperts, Sir David Omand, the UK’s first Security and Intelligence Coordinator and Professor Ciaran Martin, the founding CEO of the National Cyber Security Centre, discuss how the cyber threat is changing and the response of the security sector. Ciaran highlights the increase in potency of the […]
Paladin Capital Group Congratulates Chris Inglis on his Nomination to National Cyber Director
Paladin Capital Group and its entire global team is delighted that President Biden has nominated Paladin’s Managing Director Chris Inglis to be the nation’s first National Cyber Director. Chris’s commanding knowledge of cyber security, vision for the defense of America’s critical infrastructure and global relationships will immediately be put to good use. His understanding of […]
Hack The Box Raises $11m to Form Attack-Ready Professionals and Organizations
April 12, 2021: Hack The Box announces today a Series A investment round of $10.6 million led by Paladin Capital Group and joined by Osage University Partners, Brighteye Ventures, and existing investors Marathon Venture Capital. The round will support the company’s growth as it establishes its presence in the US market and further expands its […]
Hack The Box
Paladin Capital Group appoints Ed Albrigo as Chief Operating Officer
April 1, 2021 – Washington, D.C. – Global cyber and deep tech investor, Paladin Capital Group, today announces the appointment of Ed Albrigo as Chief Operating Officer (COO). Ed joins Paladin from the Center for Innovative Technology (CIT) in Virginia, which he served as its CEO until October 2020. Ed led CIT in its mission […]
Christopher Steed, Chief Investment Officer and Managing Partner at Paladin Capital Group, shared insights in “Investing in Cybersecurity,” for the Duke Sanford Cyber Policy Program lecture series
March 25, 2021 – Christopher Steed, Chief Investment Officer and Managing Partner at Paladin Capital Group, shared insights in “Investing in Cybersecurity,” as part of the Duke Sanford Cyber Policy Program lecture series. The lecture was held virtually on Thursday March 25th at 6:00pm Eastern Time and can be accessed at this link. The Sanford […]
Ciaran Martin receives National Security Agency award for UK-US cyber partnership
3 March 2021 – Washington D.C. and London – Paladin Capital Group Managing Director and Professor of Practice in Public Management at the University of Oxford’s Blavatnik School of Government, Ciaran Martin CB has been awarded the Gold Foreign Partnership Medallion from the National Security Agency (NSA), on behalf of the United States Government. The award was presented […]
Managed Intelligence Provider Nisos Raises $6 Million to Counter Disinformation and Cyber Threats – Cybersecurity Industry Veteran David Etue named CEO
January 6, 2021 – Alexandria, Va., – Nisos, the Managed Intelligence company, today announced $6M in funding led by global cyber investor Paladin Capital Group. Existing investors Columbia Capital and Skylab Capital also participated in the round. The investment enables Nisos to expand its marketing and operations, while extending its international footprint. Nisos solutions enable […]
White Ops Announces Acquisition by Goldman Sachs Merchant Banking, ClearSky Security, and NightDragon
NEW YORK, December 23, 2020 – White Ops (“White Ops” or the “Company”), a global leader in protecting enterprises and internet platforms from digital fraud and abuse, today announced its acquisition by Goldman Sachs Merchant Banking Division, in partnership with ClearSky Security and NightDragon (together, the “Sponsors”). The Sponsors are acquiring the business from previous investors Paladin […]
Confidential Computing – investing in decentriq
In a world of data-driven business models, in which analytics play a huge part in strategic decisions, it is critical to be able to exploit the full potential of your data – the most important asset in the 21st century economy. Yet according to estimates, $300B worth of data remains unexploited every year due to […]
Confidential data platform Decentriq raises $3.8 Million
Zurich, Switzerland – Decentriq, the enterprise data security expert, today announces a $3.8 million seed round, co-led by btov Partners and Paladin Capital Group and existing investor Atlantic Labs. The investment is intended to drive international growth and to widen the client base. Decentriq minimizes the time and costs for enterprises to establish and maintain sensitive data […]
Vectrix
Nisos
Decentriq
Security by Design – Why We Invested in IriusRisk
Applications provide the means for people and systems to interact, making them critical to all aspects of business. App development teams are under pressure to speed up delivery while tackling the ever-growing list of potential threats and vulnerabilities. Security and development teams are already working together to ‘shift left’ and embed cybersecurity earlier in the […]
App Security Threat Modeling Company IriusRisk Announces $6.7 Million Series A
Madrid, Spain / London, UK / Atlanta, US – IriusRisk, the threat modeling platform for Application Security, announced today the closing of its $6.7 million Series A fundraising. Global cyber investor Paladin Capital Group led the round, with participation from 360 Capital Partners and existing investors Swanlaab, JME Ventures and Sonae Investment Management. The funding […]
IBM Brings Risk Analytics to Security Decision Making
CAMBRIDGE, Mass., Sept. 22, 2020 – IBM (NYSE: IBM) Security today announced a new risk-based service designed to help organizations apply the same analytics used for traditional business decisions to cybersecurity spending priorities. IBM’s new Risk Quantification Services creates risk assessments to help clients identify, prioritize and quantify security risk as they weigh decisions such as deploying new technologies, making […]
Cyber VC Paladin appoints former NCSC CEO Ciaran Martin as MD
18 Sept 2020 – Washington, D.C. – Global cyber and deep tech investor, Paladin Capital Group, today announces the appointment of Ciaran Martin, CB, as a Managing Director. Ciaran joins Paladin from the UK Government’s National Cyber Security Centre (NCSC), which he established as its first CEO in 2016 and is regarded as one of […]
IriusRisk
Paladin Portfolio Company, GreyNoise, Announces $4.8M Seed Investment to Filter Harmless Security Alerts
Security professionals are constantly dealing with an onslaught of information as their various tools trigger alerts, some of which require their attention and some which don’t. Unfortunately, it requires addressing the alert to find that out. GreyNoise wants to help by filtering out benign security alerts, leaving security pros to deal with the ones that matter. Today, […]
White Ops’ Recent Funding Fast-tracks UK Expansion
White Ops, the global leader in collective protection against sophisticated bot attacks and fraud, is today announcing its expansion into the UK following a highly successful funding round in May by Goldman Sachs Merchant Banking Division and ClearSky Security. White Ops protects customers globally from malicious bot activity and is experienced in dismantling precedent-setting botnets. These sophisticated […]
2008 vs 2020: The lessons to learn…and unlearn
Ken Pentimonti, Principal, Paladin Capital Group What lessons should we draw from previous crises? That’s a question facing many of us who’ve been through downcycles before. Understandably, LPs can be nervous about capital being deployed during periods of uncertainty, in case managers find themselves bloodied by “catching a falling knife”. Yet hindsight shows us that […]
RangeForce Raises $16 Million to Help Enterprises Build Highly Skilled Cybersecurity Teams
MANASSAS, Va., July 28, 2020 — RangeForce, the premier provider of on-demand, realistic cloud-based cybersecurity training, today announced a $16 million Series A round. Existing investor Paladin Capital Group is joined by new investors Energy Impact Partners and Cisco. With Global Headquarters in Virginia and roots in building the cyber range for NATO’s Cooperative Cyber Defence […]
Deepfakes Threaten the 2020 Election
By: Jeremy Bash and Michael Steed The takeover of several high-profile Twitter accounts last week wasn’t your run-of-the-mill cyberattack designed to steal personal data or penetrate IT networks. It was likely the first “deep fake” on a mass scale — an effort to hijack the online persona of prominent public figures, from Bill Gates and Barack Obama to Jeff Bezos and Joe […]
Artificial Intelligence Cybersecurity Company CalypsoAI Announces $13 Million in Series A Funding
Washington, DC and Dublin, Ireland – CalypsoAI, the leader in validation, security and monitoring for Artificial Intelligence (AI) and machine learning (ML), announced today the closing of its $13 million Series A fundraising. Paladin Capital Group led the round, with participation from Lockheed Martin Ventures, 8VC, Frontline Ventures, Lightspeed Venture Partners, Manta Ray Ventures, Pallas […]
Royalty Pharma Raises $2.2 billion in Biggest IPO of the Year so Far

NEW YORK, June 15, 2020 — Royalty Pharma plc today announced the pricing of the initial public offering of 77,681,670 shares of its Class A ordinary shares pursuant to a registration statement on Form S-1 filed with the U.S. Securities and Exchange Commission (“SEC”) at a price to the public of $28.00 per share. The […]
Safety Tech
Technology that can protect us from harm, be it bullying, coercion or mis/disinformation, is increasingly vital as we move our lives online. Cyberpsychologist Dr Mary Aiken, is an expert adviser to the UK Government’s new report on “Safety Tech”, which looks at the growth and potential of this emerging sector for investors. This is the […]
Paladin Portfolio Company, Secure Code Warrior®, Answers the Call From Zoom Video Communications
SYDNEY, BOSTON, LONDON – 20 MAY 2020: Global secure coding company Secure Code Warrior® today announced it had been selected by Zoom Video Communications, Inc. (NASDAQ: ZM), to implement its online secure coding platform as part of Zoom’s ongoing strategy to enhance their developers’ secure coding best practices. “With an upturn in remote working, online […]
Paladin Capital Group Names Tim Richardson as its Newest Venture Partner
Paladin Capital Group is pleased to announce that Tim Richardson, will join Paladin Capital Group as a Venture Partner. “We are very excited Tim is a part of Paladin,” said Lt. General (Ret.) Kenneth Minihan, former Director of the NSA and Managing Director at Paladin. “Tim’s subject matter expertise will provide invaluable advice and guidance […]
Paladin Portfolio Company, Expel, Announces $50 Million in Series D Financing as Customer Base Grows 130 Percent in Last 12 Months
Expel*, the Security Operations Center (SOC)-as-a-service provider that’s committed to making security as accessible as the internet, announced today that it secured $50 Million in Series D funding led by CapitalG, the growth equity investment fund of Google parent company Alphabet. The financing round also includes participation from Battery Ventures, Greycroft, Index Ventures, Paladin Capital […]
Paladin Portfolio Company, White Ops, Receives Investment from Goldman Sachs Merchant Banking Division and ClearSky Security to Support Next Phase of Growth
White Ops, the global leader in bot mitigation and fraud protection, today announced the completion of an investment by Goldman Sachs Merchant Banking Division and ClearSky Security to support the Company in its next phase of growth. With this investment, a member of the Goldman Sachs team will join representatives from previous investors Paladin Capital […]
Paladin Capital Group Promotes Tom Clute as its Newest Senior Vice President
Washington, D.C.- Paladin Capital Group, a leading multi-stage venture capital firm based in Washington, DC, is pleased to announce the promotion of Tom Clute to Senior Vice President. Tom is an investment lead for the firm, which invests globally in early stage companies with solutions for cyber security and digital resilience. Tom’s experience within the […]
Serverless monitoring startup Dashbird raises $2.1m and releases new features for operating cloud-based serverless apps
Dashbird, a platform for serverless application monitoring, has raised $2.1 million in a seed round. The investment was led by Paladin Capital Group.
Paladin Portfolio Company, Bugcrowd, Secures $30 Million in Series D Funding to Address Rapidly Growing Needs for On-Demand Access to Security Resources
Bugcrowd, announced record year-over-year growth, including 100% bookings growth in the North American enterprise market and 100% increase in critical vulnerabilities submitted to customers. Building on this momentum, the company also announced $30 million in series D funding, bringing the company’s total funding to over $80 million. The investment round, led by Rally Ventures and […]
Calypso AI
Paladin Portfolio Company, Karamba Security, Announces Production Agreements to Secure 1M Connected Devices
Karamba Security, a world-leading provider of embedded cybersecurity for connected devices, announced an industry milestone – signed agreements for securing 1 million connected devices. Karamba’s product suite, on display during CES 2020, seamlessly protects connected devices against cyber hacks and provides embedded security for the device life cycle. “We are excited to reach a significant market […]
Paladin Portfolio Company, Teraki, Raises $11 Million to Meet Exploding Data Challenges in Automotive and IoT Markets
BERLIN, December 18, 2019 – Teraki today announced it has closed $11 million in Series A funding to address the problem of exploding data demand in tightly constrained electronics components such as those embedded in automotive systems. The oversubscribed financing follows the company’s strong momentum in customer engagements and expanded market opportunities, and brings the […]
Secure Code Warrior Raises $47.6 Million for Series B Funding Round
SYDNEY, BOSTON, LONDON, BRUGES – 11 December 2019: Global secure coding company, Secure Code Warrior®, today announced it had secured a Series B funding round of US$47.6 million led by Goldman Sachs. Additional investors also include ForgePoint Capital and Cisco Investments , with new commitments from existing investors Sydney-based AirTree Ventures and US-based Paladin Capital Group. The investment, representing the largest ever US investment […]
Dashbird
Paladin Portfolio Company, Ursa, Closes $15 Million Series B Funding
Ursa, a geospatial analytics-as-a-service company that is democratizing access to commercially available synthetic-aperture radar (SAR) data, announced it has secured $15 million in Series B funding led by Razor’s Edge Ventures. The Series B financing was joined by strategic investors Citi, New York Ventures, a division of Empire State Development, and others who will help usher Ursa into new […]
Managing Director at Paladin Capital Group, and Former Deputy Director of the NSA Chris Inglis Joins the RangeForce Advisory Board
Chris Inglis, the former Deputy Director and senior civilian leader of the National Security Agency, has joined RangeForce’s advisory board. RangeForce is the world’s most comprehensive cybersecurity simulation and skills analysis platform, enabling technical practitioners to hone their cyber-defense talents in realistic virtual environments. Mr. Inglis began his career at NSA as a computer scientist […]
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 Mentioned as One of the Prominent VC Firms in Luxembourg
Paladin Capital Group received a mention in the Luxembourg Private Equity and Venture Capital Association’s (LPEA) latest magazine issue. The LPEA is the representative body of private equity and venture capital professionals in Luxembourg. It plays a leading role in the discussion and development of the investment framework and actively promotes the industry beyond the country’s borders. […]
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 […]
Lt Gen Kenneth A. Minihan, USAF (Retired) to be Inducted into the Cryptologic Hall of Honor.
FORT MEADE, Md., July 25, 2019 — The NSA’s Center for Cryptologic History is pleased to announce the 2019 induction of four cryptologic forerunners into the Cryptologic Hall of Honor. This year’s inductees are: Mr. Edward M. Drake – For more than 30 years, he was the architect of the Canadian Army’s SIGINT service, and the establishment […]
Karamba Security Announces with Alpine Electronics Self-Protected In-vehicle Infotainment Systems
BLOOMFIELD HILLS, Mich. & HOD HASHARON, Israel–(BUSINESS WIRE)–Karamba Security, a world leader in automotive and enterprise edge cybersecurity, today announced the signing of a production agreement of its leading Carwall® runtime integrity software, in Alpine infotainment systems. The platform provides an ECU self-protection against remote code execution (RCE), helping to protect vehicles from cyberattacks. Protection […]
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, […]