ForgePoint Capital: This Cybersecurity Investment Firm Just Launched A Massive $450 Million Fund

By Amit Chowdhry ● February 26, 2020
  • ForgePoint Capital recently announced that it raised $450 million for its second fund to invest in early-stage and growth companies in the cybersecurity industry

ForgePoint Capital recently announced that it raised $450 million for its second fund to invest in early-stage and growth companies in the cybersecurity industry. Including this fund, the company now has $750 million under management. Some of the companies in ForgePoint’s portfolio includes Remediant, NowSecure, and Mocana. And the focus areas of Fund II will include cyber intelligence, security services, and infrastructure protection. And ForgePoint already made several investments out of Fund II, including recent investments in Cysiv, Huntress Labs, and Secure Code Warrior.

With the rapidly evolving sophistication of cyber-adversaries, cybersecurity innovation has become very essential. And security professionals understand the market is fragmented and collaborate with venture-backed startups to satisfy emerging information security requirements. ForgePoint’s Fund II focus areas will include cyber intelligence, privacy, security services, and infrastructure protection.

The ForgePoint team is known for cultivating an extensive network of trusted relationships to form the ForgePoint Cybersecurity Advisory The Council includes 60 active members with entrepreneurs, CEOs of private and public cybersecurity companies, CISOs of major organizations, and former government security leaders.

ForgePoint’s investment team includes Managing Directors Alberto Yépez, Don Dixon and Sean Cunningham; Partner Will Lin; Principal Andrew McClure; Vice Presidents Ernie Bio, and Manoj ‘MJ’ Ramachandran. Plus Shane Shook, an expert in the field of cyber forensics and Leo Casusol, former Cyxtera Technologies CIO, serve as venture consultants for the firm.

Key Quotes:

“We believe that global prosperity and national security depend upon a commitment to protect the digital world. At ForgePoint, we have assembled one of the most experienced teams of cybersecurity experts. We bring deep operating know-how from more than 80 years of combined industry experience to help entrepreneurs build lasting companies.”

– ForgePoint Capital Co-Founder and Managing Director Alberto Yépez

“While some venture firms include cybersecurity as an investment theme, our team has a singular focus on the market, driving unparalleled domain expertise and insights into emerging industry trends.”

– Don Dixon, ForePoint Capital Co-Founder and Managing Director.

“Under the leadership of Alberto Yépez and Don Dixon, ForgePoint Capital identifies and invests in the best security solution companies across the ecosystem. Their track record for identifying and successfully nurturing companies which serve the critical need of both security and privacy is unparalleled.”

– Mike Rogers, former Chairman of U.S. House Intelligence Committee and ForgePoint Cybersecurity Advisory Council member

“ForgePoint has been an extremely valuable partner on helping us build and grow our company. The team has helped us hire world-class talent. They have coached us on evolving our product and truly understanding the competitive environment. They are the ultimate team players.”

– General Keith Alexander, Founder and Co-CEO of ForgePoint portfolio company IronNet Cybersecurity

“The team at ForgePoint Capital has tremendous industry knowledge and delivers what they promise. We partner with ForgePoint because of their success in building cybersecurity companies.”

– Greg Clark, former CEO of Symantec and ForgePoint Cybersecurity Advisory Council member

“ForgePoint has great connections, operating experience and the context of what it takes to make and scale a global security business.”

– Former CEO of acquired portfolio company AlienVault Barmak Meftah