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	<title>DEV Capital</title>
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		<title>Reston cybersecurity startup acquired less than a year after its launch</title>
		<link>https://dev.capital/2026/04/16/reston-cybersecurity-startup-acquired-less-than-a-year-after-its-launch/</link>
		
		<dc:creator><![CDATA[Dev Capital]]></dc:creator>
		<pubDate>Thu, 16 Apr 2026 12:16:00 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Cybersecurity]]></category>
		<category><![CDATA[Hack Factory]]></category>
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		<guid isPermaLink="false">https://dev.capital/?p=291</guid>

					<description><![CDATA[Less than a year&#160;after emerging from stealth, a Reston-based startup&#160;founded by former&#160;Amazon&#160;executives has been acquired by one of the fastest-growing companies in Greater Washington. Fortreum LLC, a cybersecurity assessment firm based in Lansdowne, has bought Kovr.ai, which helps companies doing business with the federal government obtain cybersecurity compliance sign-offs, the two firms announced this week&#8230; &#8230;]]></description>
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<p class="wp-block-paragraph">Less than a year&nbsp;<a href="https://www.bizjournals.com/washington/inno/stories/fundings/2025/05/14/kovr-ai-seed-andrew-black-sri-iyer.html">after emerging from stealth, a Reston-based startup</a>&nbsp;founded by former&nbsp;<a href="https://www.bizjournals.com/washington/organization/amazon">Amazon</a>&nbsp;executives has been acquired by one of the fastest-growing companies in Greater Washington.</p>



<p class="wp-block-paragraph">Fortreum LLC, a cybersecurity assessment firm based in Lansdowne, has bought Kovr.ai, which helps companies doing business with the federal government obtain cybersecurity compliance sign-offs, the two firms announced this week&#8230;</p>



<p class="wp-block-paragraph">&#8230;At the time, Kovr employed a small team working out of the <a href="https://www.hackfactory.com" data-type="link" data-id="https://www.hackfactory.com">Hack Factory</a> accelerator in Reston and said it planned to grow staff as it added customers.</p>



<p class="wp-block-paragraph"><a href="https://www.bizjournals.com/washington/news/2026/04/16/fortreum-kovrai-acquisition-cybersecurity.html" data-type="link" data-id="https://www.bizjournals.com/washington/news/2026/04/16/fortreum-kovrai-acquisition-cybersecurity.html">Full Story</a></p>



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		<post-id xmlns="com-wordpress:feed-additions:1">291</post-id>	</item>
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		<title>DevSec Joins Nvidia Inception Program</title>
		<link>https://dev.capital/2026/03/16/devsec-joins-nvidia-inception-program/</link>
		
		<dc:creator><![CDATA[Dev Capital]]></dc:creator>
		<pubDate>Mon, 16 Mar 2026 13:08:00 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[AI]]></category>
		<category><![CDATA[Cybersecurity]]></category>
		<category><![CDATA[Hack Factory]]></category>
		<category><![CDATA[Portfolio]]></category>
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		<guid isPermaLink="false">https://dev.capital/?p=305</guid>

					<description><![CDATA[Recognized as an AI-native innovator advancing the future of investigative intelligence [RESTON, VA] — [March 16, 2026] — DEVSEC, an AI-native investigations and digital intelligence company, today announced it has been accepted into the NVIDIA Inception program, a global initiative designed to support cutting-edge startups revolutionizing industries through advances in AI and data science. NVIDIA &#8230;]]></description>
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<p class="wp-block-paragraph">Recognized as an AI-native innovator advancing the future of investigative intelligence</p>



<p class="wp-block-paragraph">[RESTON, VA] — [March 16, 2026] — DEVSEC, an AI-native investigations and digital intelligence company, today announced it has been accepted into the NVIDIA Inception program, a global initiative designed to support cutting-edge startups revolutionizing industries through advances in AI and data science.</p>



<p class="wp-block-paragraph">NVIDIA Inception helps startups during critical stages of product development, go-to-market, and deployment by providing access to technical expertise, preferred pricing on NVIDIA hardware and software, and opportunities to connect with venture investors and other partners in the NVIDIA ecosystem.</p>



<p class="wp-block-paragraph">DEVSEC is building the system of record for investigative reasoning. Its Weaver platform enables investigators, legal teams, law enforcement, and insurers to process, analyze, and extract insight from large, complex datasets &#8211; combining AI, data engineering, and investigative tradecraft to support high-stakes matters including fraud investigations, asset recovery, breach response, and financial crime. Membership in NVIDIA Inception reflects DEVSEC&#8217;s commitment to advancing the AI infrastructure powering next-generation investigative workflows.</p>



<p class="wp-block-paragraph">&#8220;Joining NVIDIA Inception is a meaningful milestone for DEVSEC as we scale Weaver into a platform that handles some of the most demanding investigative and intelligence workloads in the market,&#8221; said Kristin Del Rosso, CEO and Co-Founder of DEVSEC. &#8220;Access to NVIDIA&#8217;s ecosystem accelerates our ability to push the frontier of what&#8217;s possible in AI-native investigation technology.&#8221;</p>



<h3 class="wp-block-heading">About DEVSEC</h3>



<p class="wp-block-paragraph">DEVSEC is an AI-native investigations and digital intelligence company building the system of record for investigative reasoning. Its Weaver platform enables legal teams, investigators, insurers, law enforcement, and intelligence organizations to process, analyze, and extract insight from large, complex datasets — replacing the manual, consulting-driven workflows that still define many high-stakes matters. Built with secure, zero-data-retention architecture, Weaver combines proprietary investigative models with frontier AI, data engineering, and investigative tradecraft to support fraud investigations, asset recovery, breach response, financial crime, and other sensitive workflows. DEVSEC helps teams move faster while preserving the rigor, traceability, and defensibility these environments require.</p>



<h3 class="wp-block-heading">About NVIDIA Inception</h3>



<p class="wp-block-paragraph">NVIDIA Inception is a global program designed to help AI and data science startups during critical stages of product development and deployment. NVIDIA Inception members receive access to technical support, go-to-market resources, and opportunities to connect with investors and the broader NVIDIA ecosystem. For more information, visit https://www.nvidia.com/en-us/startups/.</p>



<p class="wp-block-paragraph">© 2025 NVIDIA and the NVIDIA logo are trademarks and/or registered trademarks of NVIDIA Corporation in the U.S. and other countries.</p>
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		<title>Blackwire Labs Launches Trusted AI Platform to Transform Cybersecurity</title>
		<link>https://dev.capital/2024/10/22/blackwire-labs-launches-trusted-ai-platform-to-transform-cybersecurity/</link>
		
		<dc:creator><![CDATA[Dev Capital]]></dc:creator>
		<pubDate>Tue, 22 Oct 2024 12:30:00 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Cybersecurity]]></category>
		<category><![CDATA[Hack Factory]]></category>
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		<guid isPermaLink="false">https://dev.capital/?p=294</guid>

					<description><![CDATA[Blackwire Labs, a veteran and expert-led tech firm offering trusted AI cybersecurity solutions to businesses, announced today the launch of its first tech-enabled product, Blackwire.ai. Blackwire.ai is an enterprise grade GenAI tool that combines human expert-vetted knowledge with blockchain-powered integrity to deliver unparalleled cybersecurity insights.The company is led by cybersecurity experts from the commercial, private, &#8230;]]></description>
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<p class="wp-block-paragraph">Blackwire Labs, a veteran and expert-led tech firm offering trusted AI cybersecurity solutions to businesses, announced today the launch of its first tech-enabled product, Blackwire.ai. Blackwire.ai is an enterprise grade GenAI tool that combines human expert-vetted knowledge with blockchain-powered integrity to deliver unparalleled cybersecurity insights.<br>The company is led by cybersecurity experts from the commercial, private, public, and military sectors who have a mission to empower security teams to make businesses more cyber resilient. Blackwire Labs has secured customers across industries including healthcare, OT/manufacturing, and financial services.</p>



<p class="wp-block-paragraph">The cybersecurity industry faces a critical challenge in harnessing AI&#8217;s transformative power while mitigating the risks that currently hinder its widespread adoption. According to Microsoft and ISC2 workforce studies: &#8220;Currently 78% of employees are using unsanctioned AI tools at work, with over half of them for some of the most important tasks.&#8221; Additionally, 68% of organizations also struggle with the limited explainability of AI systems, a lack of transparency that prevents cybersecurity teams from effectively using AI-driven insights.</p>



<p class="wp-block-paragraph">The inability to explain or validate AI findings and decisions puts businesses at regulatory, legal, and compliance risk. Blackwire Labs addresses the critical need for organizations to enhance their cross-disciplinary cybersecurity capabilities with their Blackwire.ai solution that prioritizes expertise, trust and integrity.</p>



<p class="wp-block-paragraph">&#8220;Our innovative and pragmatic approach of marrying trusted AI with the wisdom of seasoned experts, empowers practitioners and organizations of all sizes,&#8221; said Josh Ray, Blackwire Labs Founder and CEO.</p>



<p class="wp-block-paragraph">At its core, the system acts as a seasoned mentor, guiding users through complex security challenges with intelligent prompts and insights, including the innovative Predictive Prompting feature. This approach, combined with real-time collaboration tools, breaks down organizational silos and amplifies collective expertise, enabling teams to tackle intricate security issues with unprecedented efficiency. Central to Blackwire&#8217;s offering is its commitment to trust and transparency.</p>



<p class="wp-block-paragraph">The platform incorporates a blockchain-based certification system (Trustwire) that creates an immutable record of all information sources, ensuring every insight can be traced to verified, trustworthy origins. This innovation is further strengthened by comprehensive private session registries and rigorous validation from the Cybersecurity Community of Excellence (CCOE), a network of industry-leading professionals &#8211; seamlessly blending advanced AI technology with human expertise to ensure reliability.</p>



<p class="wp-block-paragraph">&#8220;In today&#8217;s rapidly evolving regulatory and threat landscape, organizations must embrace innovative AI-driven solutions to increase their capabilities and efficiency,&#8221; said Matt Devost, strategic advisor and OODA CEO. &#8220;Blackwire Labs offers a powerful new tool, designed with vetted expertise, trust and integrity in mind, that cybersecurity and IT teams must start leveraging in order to protect their companies. I&#8217;m excited to support the team and watch as they bring GenAI to the cybersecurity world and enhance our cyber defense efforts.&#8221;&#8221;We&#8217;re democratizing cybersecurity capabilities for all.<br><br>Our innovative and pragmatic approach of marrying trusted AI with the wisdom of seasoned experts, empowers practitioners and organizations of all sizes,&#8221; said Josh Ray, Blackwire Labs Founder and CEO. &#8220;This is about genuinely supporting the folks on the front lines and giving the good guys quick access to the expertise they need to execute with confidence and to ultimately be more cyber resilient.&#8221;<br><br>In addition to CEO and Founder Joshua Ray, the former Global Security Lead for Emerging Technologies &amp; Cyber Defense at Accenture, the team includes Co &#8211; Founders Christopher Clark (CTO), and Andrew Maloney (COO), all with extensive cross industry experience in cybersecurity, product development and technology leadership roles at companies like Accenture, iDefense, Palo Alto Networks, JASK and Query.AI.<br>Blackwire Labs continues to secure and invite strategic partnerships and customers across industries who are passionate for solving critical cybersecurity challenges and understand the importance of building trust in AI-driven solutions.</p>



<p class="wp-block-paragraph"><a href="https://blackwirelabs.com/blog/company-launch">Full Story</a></p>
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		<title>Mimecast Announces Acquisition of Elevate Security</title>
		<link>https://dev.capital/2024/01/05/elevate/</link>
					<comments>https://dev.capital/2024/01/05/elevate/#respond</comments>
		
		<dc:creator><![CDATA[Dev Capital]]></dc:creator>
		<pubDate>Fri, 05 Jan 2024 18:13:00 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Cybersecurity]]></category>
		<category><![CDATA[Portfolio]]></category>
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					<description><![CDATA[Mimecast Announces Acquisition of Elevate Securitys your first post. Edit or delete it, then start writing!As one of their earliest investors, we extend our congrats to the Elevate Security team on their acquisition by Mimecast. LEXINGTON, Mass., Jan. 4, 2024&#160;–&#160;Mimecast Limited&#160;(Mimecast), an advanced email and collaboration security company, today announced its acquisition of&#160;Elevate Security, a &#8230;]]></description>
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<p class="wp-block-paragraph">Mimecast Announces Acquisition of Elevate Securitys your first post. Edit or delete it, then start writing!As one of their earliest investors, we extend our congrats to the Elevate Security team on their acquisition by Mimecast.</p>



<p class="wp-block-paragraph"><strong>LEXINGTON, Mass., Jan. 4, 2024</strong>&nbsp;–&nbsp;<a href="https://www.mimecast.com/">Mimecast Limited</a>&nbsp;(Mimecast), an advanced email and collaboration security company, today announced its acquisition of&nbsp;<a href="https://elevatesecurity.com/">Elevate Security</a>, a provider of human risk management solutions. The acquisition strengthens Mimecast’s offerings by providing proactive insights and deeper visibility into human behaviors and risk, helping customers better protect the digital workplace. Financial terms of the deal were not disclosed.</p>



<p class="wp-block-paragraph">“People, communications and data are core to every organization and artificial intelligence has accelerated cyber criminals’ ability to exploit these essential elements for their own gain,” said David Raissipour, Chief Technology and Product Officer at Mimecast. “People are historically the largest vulnerability in an organization but can also be the strongest line of defense if given the right tools and education. That’s our goal with this acquisition and core to our work – manage risk by understanding human behavior in the context of a complex environment and then acting on it.”</p>



<p class="wp-block-paragraph">The Elevate Security® security platform has the flexibility to ingest human behavior and context data from a range of sources. It then flags high-risk people using a precision risk scoring algorithm. Combined with tools such as Mimecast’s Awareness Training, these capabilities can help drive targeted intervention and training that reduces overall risk and exposure for companies.&nbsp;</p>



<p class="wp-block-paragraph">The capabilities that Elevate Security’s technology powers combined with Mimecast’s portfolio of products, demonstrates Mimecast’s continued commitment to leading customers through the next generation of human risk management.</p>



<p class="wp-block-paragraph">“Elevate Security prides itself on being one of the first human risk platforms to help organizations identify high-risk people and automate responses and safeguards, and we have long admired Mimecast’s commitment to changing user behavior to enhance protection,” said Robert Fly, CEO and Co-Founder Elevate Security. “We have no doubt that our combined strengths will help break new ground that changes the security conversation.” &nbsp;</p>



<p class="wp-block-paragraph">Mimecast will continue to maintain and support the existing Elevate Security customer base. The integration process has begun and customers can expect to start seeing some of the new technology integrated into Mimecast products in upcoming quarters.&nbsp;</p>



<p class="wp-block-paragraph"><a href="https://www.mimecast.com/resources/press-releases/mimecast-acquires-elevate-security/">Full Story</a></p>



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		<title>Snowstorm raises seed to keep the internet free</title>
		<link>https://dev.capital/2023/07/29/snowstorm-raises-seed-to-keep-the-internet-free/</link>
		
		<dc:creator><![CDATA[Dev Capital]]></dc:creator>
		<pubDate>Sat, 29 Jul 2023 12:37:00 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Hack Factory]]></category>
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		<guid isPermaLink="false">https://dev.capital/?p=296</guid>

					<description><![CDATA[Created to ensure open and free access to the internet,&#160;Snowflake&#160;saw a huge uptick in users during the start of the Ukraine War — and has grown even more since then. Started as an open source project by&#160;Serene&#160;(who goes by her first name only for privacy reasons), Snowflake, which began as a pluggable transport for Tor, &#8230;]]></description>
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<p class="wp-block-paragraph">Created to ensure open and free access to the internet,&nbsp;<a href="https://snowflake.torproject.org/" target="_blank" rel="noreferrer noopener">Snowflake</a>&nbsp;saw a huge uptick in users during the start of the Ukraine War — and has grown even more since then. Started as an open source project by&nbsp;<a href="https://twitter.com/keroserene">Serene</a>&nbsp;(who goes by her first name only for privacy reasons), Snowflake, which began as a pluggable transport for Tor, has had a makeover into&nbsp;<a href="https://snowstorm.net/" target="_blank" rel="noreferrer noopener">Snowstorm</a>, and now promises faster connections and can run as standalone software outside of Tor. Snowstorm’s open beta will launch this quarter.</p>



<p class="wp-block-paragraph">Snowstorm announced today it has raised $3 million in seed funding, led by Seed Club Ventures, with participation from Cabrit Capital, Keppel Capital, EchoVC and Matt Devost.</p>



<p class="wp-block-paragraph"><a href="https://techcrunch.com/2023/07/19/snowstorm/">Snowstorm raises seed to keep the internet free</a></p>



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		<post-id xmlns="com-wordpress:feed-additions:1">296</post-id>	</item>
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		<title>Longtime Innovator and Entrepreneur Launches Hack Factory</title>
		<link>https://dev.capital/2022/11/06/longtime-innovator-and-entrepreneur-launches-hack-factory/</link>
		
		<dc:creator><![CDATA[Dev Capital]]></dc:creator>
		<pubDate>Sun, 06 Nov 2022 00:49:00 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[AI]]></category>
		<category><![CDATA[Cybersecurity]]></category>
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		<guid isPermaLink="false">https://dev.capital/?p=272</guid>

					<description><![CDATA[The Hack Factory will focus on accelerating disruptive innovation in the Washington DC region. Longtime DC-area resident and entrepreneur Matt Devost has launched the&#160;Hack Factory, a startup studio and growth accelerator designed to launch new business endeavors and support the local startup ecosystem. The new initiative will be located in the Reston Town Center and &#8230;]]></description>
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<p class="wp-block-paragraph">The Hack Factory will focus on accelerating disruptive innovation in the Washington DC region.</p>



<p class="wp-block-paragraph">Longtime DC-area resident and entrepreneur Matt Devost has launched the&nbsp;<a rel="noreferrer noopener" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fhackfactory.com&amp;esheet=52928261&amp;newsitemid=20221004005007&amp;lan=en-US&amp;anchor=Hack+Factory&amp;index=1&amp;md5=4da25cdd6d80972545e87981c8976dab" target="_blank">Hack Factory</a>, a startup studio and growth accelerator designed to launch new business endeavors and support the local startup ecosystem. The new initiative will be located in the Reston Town Center and will focus on building an environment for new entrepreneurs custom-tailored to their unique requirements.</p>



<p class="wp-block-paragraph">As a start-up studio, Hack Factory will launch companies based on new ideas and engage in rapid technology prototyping to enable disruptive solutions for a variety of complex problems and opportunities. The initial focus of the studio will be on cybersecurity, AI and data science, blockchain/Web3, and dual use technologies.</p>



<p class="wp-block-paragraph">Established companies or new ideas looking for that extra boost can participate in the Hack Factory growth labs for meaningful mentoring, growth and strategy advisory, and networking support. The lab will provide capital, co-working space, and access to on-site experts depending on each company’s specific needs.</p>



<p class="wp-block-paragraph">The Hack Factory will also build a local brainstorming community that brings together the hackers, entrepreneurs, disruptors, technologists, and creators for unique events on a variety of issues.</p>



<p class="wp-block-paragraph">“The disruptive innovation that occurs over the next decade will be more impactful than the past 50 years combined,” noted Hack Factory founder Matt Devost. “This initiative is designed to accelerate that innovation in the D.C. area, which is a natural hub for technical entrepreneurship and has a unique innovation DNA that differentiates it from Silicon Valley and other startup hubs around the country.”</p>



<p class="wp-block-paragraph">For curated co-working participants, the space features modern amenities like sit-stand desks, gigabit ethernet access, conference and Zoom rooms, and a fully stocked caffeine and snack bar.</p>



<p class="wp-block-paragraph">ABOUT THE HACK FACTORY</p>



<p class="wp-block-paragraph">The Hack Factory was founded by long-time DC area entrepreneur Matt Devost who is currently the CEO of OODA LLC (<a target="_blank" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ooda.com&amp;esheet=52928261&amp;newsitemid=20221004005007&amp;lan=en-US&amp;anchor=www.ooda.com&amp;index=2&amp;md5=5b208626c7085d735159fe4631012a85" rel="noreferrer noopener">www.ooda.com</a>). Over the past two decades, Matt has been a founder or executive at firms like FusionX, Accenture, iSIGHT Partners, the Terrrorism Research Center, iDEFENSE, and Tulco Holdings, as well as serving as an investor, advisor, or board member for dozens of companies.</p>



<p class="wp-block-paragraph">For more information visit&nbsp;<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.hackfactory.com&amp;esheet=52928261&amp;newsitemid=20221004005007&amp;lan=en-US&amp;anchor=www.hackfactory.com&amp;index=3&amp;md5=18ef483bbde5a1a6cc6a52343cc44e67" target="_blank" rel="noreferrer noopener">www.hackfactory.com</a>&nbsp;or email&nbsp;<a href="mailto:hello@hackfactory.com" target="_blank" rel="noreferrer noopener">hello@hackfactory.com</a>.</p>



<p class="wp-block-paragraph"><a href="https://www.businesswire.com/news/home/20221004005007/en/Longtime-Innovator-and-Entrepreneur-Launches-Hack-Factory—A-Startup-Studio-and-Growth-Lab">Full Story</a></p>



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		<title>Wickr Acquired by Amazon AWS</title>
		<link>https://dev.capital/2021/07/15/wickr-acquired-by-amazon-aws/</link>
		
		<dc:creator><![CDATA[Dev Capital]]></dc:creator>
		<pubDate>Thu, 15 Jul 2021 12:05:00 +0000</pubDate>
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		<guid isPermaLink="false">https://dev.capital/?p=287</guid>

					<description><![CDATA[Amazon’s cloud services giant Amazon Web Services (AWS) is getting into the encrypted messaging business. The company has just announced that it has acquired secure communications service Wickr — a messaging app that has geared itself towards providing services to government and military groups and enterprises. It claims to be the only “collaboration service” that meets security criteria set out by &#8230;]]></description>
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<p class="wp-block-paragraph"><a href="https://www.oodaventures.com/2021/07/15/"></a>Amazon’s cloud services giant Amazon Web Services (<a href="https://techcrunch.com/tag/aws/">AWS</a>) is getting into the encrypted messaging business. The company has just <a href="https://aws.amazon.com/blogs/security/aws-welcomes-wickr-to-the-team/" target="_blank" rel="noreferrer noopener">announced</a> that it has acquired secure communications service <a href="https://www.crunchbase.com/organization/wickr">Wickr</a> — a messaging app that has geared itself towards <a href="https://wickr.com/customers/" target="_blank" rel="noreferrer noopener">providing services</a> to government and military groups and enterprises. It claims to be the only “collaboration service” that meets security criteria set out by the NSA.</p>



<p class="wp-block-paragraph">AWS will continue operating Wickr as is, and offer its services to AWS customers, “effective immediately,” notes a blog post from Stephen Schmidt, the VP and CISO for AWS, announcing the news.</p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph"><a href="https://techcrunch.com/2021/06/25/aws-is-buying-encrypted-messaging-service-wickr/">AWS has acquired encrypted messaging service Wickr</a></p>
</blockquote>



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		<title>Y Combinator grad Fuzzbuzz lands $2.7M seed round to deliver fuzzing as service</title>
		<link>https://dev.capital/2019/05/14/y-combinator-grad-fuzzbuzz-lands-2-7m-seed-round-to-deliver-fuzzing-as-service/</link>
		
		<dc:creator><![CDATA[Dev Capital]]></dc:creator>
		<pubDate>Tue, 14 May 2019 12:09:00 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Cybersecurity]]></category>
		<category><![CDATA[Portfolio]]></category>
		<category><![CDATA[Venture Capital]]></category>
		<guid isPermaLink="false">https://dev.capital/?p=289</guid>

					<description><![CDATA[“Fuzzbuzz, a graduate of the most recent Y Combinator class, got the kind of news every early-stage startup wants to hear when it landed a $2.7 million seed round to help deliver a special class of automated software testing known as fuzzing in the form of a cloud service.” Source:&#160;Y Combinator grad Fuzzbuzz lands $2.7M &#8230;]]></description>
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<p class="wp-block-paragraph">“Fuzzbuzz, a graduate of the most recent Y Combinator class, got the kind of news every early-stage startup wants to hear when it landed a $2.7 million seed round to help deliver a special class of automated software testing known as fuzzing in the form of a cloud service.”</p>



<p class="wp-block-paragraph">Source:&nbsp;<a href="https://techcrunch.com/2019/04/18/y-combinator-grad-fuzzbuzz-lands-2-7-million-seed-round-to-deliver-fuzzing-as-a-service/">Y Combinator grad Fuzzbuzz lands $2.7M seed round to deliver fuzzing as service | TechCrunch</a></p>



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		<post-id xmlns="com-wordpress:feed-additions:1">289</post-id>	</item>
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		<title>Elevate Security announces $8M Series A to alter employee security behavior</title>
		<link>https://dev.capital/2019/02/13/elevate-security-announces-8m-series-a-to-alter-employee-security-behavior/</link>
		
		<dc:creator><![CDATA[Dev Capital]]></dc:creator>
		<pubDate>Wed, 13 Feb 2019 13:01:00 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Cybersecurity]]></category>
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		<guid isPermaLink="false">https://dev.capital/?p=301</guid>

					<description><![CDATA[It’s well understood that many network breaches begin with phishing emails designed to trick users into giving hackers their credentials. They don’t even have to work to find a vulnerability, they can just waltz in the front door.&#160;Elevate Security, a San Francisco startup, wants to change that by helping employees understand phishing attacks better using &#8230;]]></description>
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<p class="wp-block-paragraph">It’s well understood that many network breaches begin with phishing emails designed to trick users into giving hackers their credentials. They don’t even have to work to find a vulnerability, they can just waltz in the front door.&nbsp;<a href="https://www.elevatesecurity.com/">Elevate Security</a>, a San Francisco startup, wants to change that by helping employees understand phishing attacks better using behavioral techniques. Today, the company announced an $8 million Series A round to build on this idea.</p>



<p class="wp-block-paragraph">The investment was led by Defy Partners. Existing investor Costanoa Ventures also participated. Today’s round brings the total raised to $10 million, according to the company.</p>



<p class="wp-block-paragraph"><a href="https://techcrunch.com/2019/02/13/elevate-security-announces-8m-series-a-to-alter-employees-security-behavior/">Elevate Security announces $8M Series A to alter employee security behavior</a></p>



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		<post-id xmlns="com-wordpress:feed-additions:1">301</post-id>	</item>
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		<title>SCYTHE Secures $3 Million in Initial Financing Round</title>
		<link>https://dev.capital/2018/09/17/scythe-secures-3-million-in-initial-financing-round/</link>
		
		<dc:creator><![CDATA[Dev Capital]]></dc:creator>
		<pubDate>Mon, 17 Sep 2018 13:04:00 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Cybersecurity]]></category>
		<category><![CDATA[Portfolio]]></category>
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		<guid isPermaLink="false">https://dev.capital/?p=303</guid>

					<description><![CDATA[“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 Gula of Gula Tech Adventures. The company’s flagship product SCYTHE is an attack simulation technology platform that allows &#8230;]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph">“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 Gula of Gula Tech Adventures. The company’s flagship product SCYTHE is an attack simulation technology platform that allows organizations to build and emulate every possible combination of real-world adversarial campaigns, testing an organization’s vulnerabilities head on to measure the effectiveness of an enterprise’s security controls with granularity.”</p>



<p class="wp-block-paragraph">Source:&nbsp;<a href="https://www.businesswire.com/news/home/20180917005312/en/SCYTHE-Secures-3-Million-Initial-Financing-Led">SCYTHE Secures $3 Million in Initial Financing Round Led by Gula Tech Adventures | Business Wire</a><a href="https://www.oodaventures.com/2018/09/17/"></a></p>
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