AllegisCyber

AllegisCyber is a private investment firm based in San Francisco that focuses on the technology sector in the United States. Originally part of AVI Capital, AllegisCyber became independent in 1995. The firm manages the AllegisCyber Growth Fund, located in Palo Alto, which specifically targets investments in the cybersecurity sector, aiming to support growth and expansion within this crucial industry.

Robert Ackerman

Founder and Managing Director

Michael Elmore

Venture Partner

Michael Feiertag

Partner

Past deals in Penetration Testing

Source Defense

Series B in 2022
Source Defense Ltd. specializes in website security software that protects against attacks originating from third-party sources. Established in 2014 and headquartered in Rosh-ha’ayin, Israel, with additional offices in Beer-Sheva, Israel, and Stamford, Connecticut, the company offers a real-time Software-as-a-Service platform. This platform empowers site owners to set and enforce permissions, receive immediate alerts, and monitor the behavior of third-party vendors on their websites. Source Defense has developed tailored solutions for various sectors, including financial institutions, insurance companies, e-commerce, and publishing. By streamlining the security of third-party integrations, Source Defense enables organizations to reduce the time and resources spent on security testing, allowing them to concentrate on revenue generation and maintaining high performance while ensuring the safety of site visitors.

Vicarius

Series A in 2022
Vicarius Ltd. develops a platform that provides cyber security threat solutions and protects applications and software. The company offers Topia, a platform that identifies, assesses, and monitors all incoming and outgoing traffics and prevent from hackers. Its solution protects cloud applications and provides security for applications. Vicarius Ltd. was founded in 2016 and is based in Jerusalem, Israel.

Panaseer

Series B in 2021
Panaseer Limited develops a cloud-based cybersecurity intelligence platform that assists enterprise security teams in making informed risk decisions. Founded in 2014 and headquartered in London, with an office in New York, the company offers the Panaseer Security Data Lake, which provides real-time insights into an organization's assets, applications, users, and data sets. This platform identifies gaps in security controls and aligns them with industry standards while facilitating regulatory compliance. By ingesting data from various sources, both cloud-based and on-premises, Panaseer enables organizations to monitor and analyze their cybersecurity posture effectively. The platform automates reporting processes, tailoring insights for stakeholders at different levels, thereby enhancing decision-making across the organization. Security leaders utilize Panaseer’s capabilities to prioritize risks based on their potential impact on the business and optimize overall cyber hygiene practices.

vArmour

Venture Round in 2021
vArmour Networks, Inc. specializes in software-defined security solutions tailored for virtualized data centers, catering to service providers, enterprises, and government cloud operators both in the United States and internationally. Founded in 2011 and headquartered in Mountain View, California, the company offers a range of security tools, including its SDSec platform, which creates a network-based security enforcement layer suitable for cloud computing environments. This platform effectively separates the security control plane from the enforcement plane, enhancing visibility and control over critical applications and workloads across multi-cloud infrastructures. vArmour's vendor-agnostic multi-cloud security architecture is particularly beneficial for organizations in heavily regulated sectors, allowing for streamlined management of data and security policies across diverse cloud environments. The company also maintains a strategic partnership with Tufin to further enhance its offerings.

Deepfence

Series A in 2020
Deepfence Inc, founded in 2016 and headquartered in Milpitas, California, specializes in security software tailored for cloud-native applications. The company focuses on enhancing application security by developing a workload protection platform that effectively prevents cyberattacks. This platform utilizes advanced techniques to identify subtle indicators of potential threats, offering real-time protection against complex multistage and multivector attacks. By creating a 'Security as Microservice' solution, Deepfence aims to provide comprehensive protection that aligns with modern application and infrastructure needs, ensuring businesses receive robust security against both known and unknown vulnerabilities.

Source Defense

Series A in 2020
Source Defense Ltd. specializes in website security software that protects against attacks originating from third-party sources. Established in 2014 and headquartered in Rosh-ha’ayin, Israel, with additional offices in Beer-Sheva, Israel, and Stamford, Connecticut, the company offers a real-time Software-as-a-Service platform. This platform empowers site owners to set and enforce permissions, receive immediate alerts, and monitor the behavior of third-party vendors on their websites. Source Defense has developed tailored solutions for various sectors, including financial institutions, insurance companies, e-commerce, and publishing. By streamlining the security of third-party integrations, Source Defense enables organizations to reduce the time and resources spent on security testing, allowing them to concentrate on revenue generation and maintaining high performance while ensuring the safety of site visitors.

CyberGRX

Series D in 2019
CyberGRX is a cybersecurity company based in Denver, Colorado, that specializes in third-party cyber risk management. Its platform offers a comprehensive and cost-effective solution for organizations to identify, assess, mitigate, and monitor cyber risks associated with their entire partner ecosystem. By leveraging automation and advanced analytics, CyberGRX enables enterprises to collaboratively address threats arising from their reliance on vendors, partners, and customers. The platform provides a scalable approach that streamlines third-party cyber risk programs, delivering real-time decision-making capabilities and complete portfolio visibility. Through its innovative tools, CyberGRX helps organizations efficiently manage and mitigate risks, enhancing their overall cybersecurity posture.

Prevailion

Series A in 2019
Prevailion, Inc. designs and develops cyber security compromise management platform that provides access to historical and active cyber compromises impacting various organizations around the world. The company serves the industries, such as financial, defense, government, healthcare, and critical infrastructure. Prevailion, Inc. was founded in 2017 and is based in Fulton, Maryland.

vArmour

Series E in 2019
VArmour offers data-defined perimeter security solutions for mobile, virtual, and cloud platforms. It specializes in the fields of cybersecurity, mobile, software, and the internet. The company was founded in 2011 and is based in Mountain View, California.

CyberGRX

Series C in 2018
CyberGRX is a cybersecurity company based in Denver, Colorado, that specializes in third-party cyber risk management. Its platform offers a comprehensive and cost-effective solution for organizations to identify, assess, mitigate, and monitor cyber risks associated with their entire partner ecosystem. By leveraging automation and advanced analytics, CyberGRX enables enterprises to collaboratively address threats arising from their reliance on vendors, partners, and customers. The platform provides a scalable approach that streamlines third-party cyber risk programs, delivering real-time decision-making capabilities and complete portfolio visibility. Through its innovative tools, CyberGRX helps organizations efficiently manage and mitigate risks, enhancing their overall cybersecurity posture.

Area 1 Security

Series C in 2018
Area 1 Security, Inc. is a cybersecurity firm based in Redwood City, California, that specializes in eliminating targeted cyber-attacks. Founded in 2013 by experts from the NSA and MIT, the company has developed Area 1 Horizon, a cloud-based solution designed to identify and mitigate phishing attacks early in their lifecycle. This solution provides advanced warning by analyzing threat campaigns, attacker infrastructure, and delivery mechanisms. Area 1 Security's technology addresses various attack vectors, including email, web, and network threats, enabling organizations to visualize, contextualize, and preempt cyber threats effectively. The company has raised significant funding from notable investors, underscoring its commitment to combating socially engineered cyber threats.

Source Defense

Series A in 2018
Source Defense Ltd. specializes in website security software that protects against attacks originating from third-party sources. Established in 2014 and headquartered in Rosh-ha’ayin, Israel, with additional offices in Beer-Sheva, Israel, and Stamford, Connecticut, the company offers a real-time Software-as-a-Service platform. This platform empowers site owners to set and enforce permissions, receive immediate alerts, and monitor the behavior of third-party vendors on their websites. Source Defense has developed tailored solutions for various sectors, including financial institutions, insurance companies, e-commerce, and publishing. By streamlining the security of third-party integrations, Source Defense enables organizations to reduce the time and resources spent on security testing, allowing them to concentrate on revenue generation and maintaining high performance while ensuring the safety of site visitors.

CyberGRX

Series B in 2017
CyberGRX is a cybersecurity company based in Denver, Colorado, that specializes in third-party cyber risk management. Its platform offers a comprehensive and cost-effective solution for organizations to identify, assess, mitigate, and monitor cyber risks associated with their entire partner ecosystem. By leveraging automation and advanced analytics, CyberGRX enables enterprises to collaboratively address threats arising from their reliance on vendors, partners, and customers. The platform provides a scalable approach that streamlines third-party cyber risk programs, delivering real-time decision-making capabilities and complete portfolio visibility. Through its innovative tools, CyberGRX helps organizations efficiently manage and mitigate risks, enhancing their overall cybersecurity posture.

Synack

Series C in 2017
Synack, Inc. provides a crowdsourced security platform for penetration testing. It offers Synack that enables customer data integrity, privacy, and confidentiality. The company’s military-grade virtual private testing environment platform allows the global security community accessible to enterprises and engages global security researchers to test systems in virtual private testing environments, as well as provides secure manual security assessment. Synack, Inc. was incorporated in 2013 and is based in Redwood City, California.

tCell

Series A in 2016
tCell, Inc. develops in-application instrumentation and cloud-based analytics solutions for application security. It provides in-application sensors that identify suspicious actions; and cloud analytics that distill data to identify attackers and attacks. The company was founded in 2014 and is headquartered in San Francisco, California. As of October 15, 2018, tCell, Inc. operates as a subsidiary of Rapid7, Inc.

CyberGRX

Series A in 2016
CyberGRX is a cybersecurity company based in Denver, Colorado, that specializes in third-party cyber risk management. Its platform offers a comprehensive and cost-effective solution for organizations to identify, assess, mitigate, and monitor cyber risks associated with their entire partner ecosystem. By leveraging automation and advanced analytics, CyberGRX enables enterprises to collaboratively address threats arising from their reliance on vendors, partners, and customers. The platform provides a scalable approach that streamlines third-party cyber risk programs, delivering real-time decision-making capabilities and complete portfolio visibility. Through its innovative tools, CyberGRX helps organizations efficiently manage and mitigate risks, enhancing their overall cybersecurity posture.

vArmour

Series D in 2016
vArmour Networks, Inc. specializes in software-defined security solutions tailored for virtualized data centers, catering to service providers, enterprises, and government cloud operators both in the United States and internationally. Founded in 2011 and headquartered in Mountain View, California, the company offers a range of security tools, including its SDSec platform, which creates a network-based security enforcement layer suitable for cloud computing environments. This platform effectively separates the security control plane from the enforcement plane, enhancing visibility and control over critical applications and workloads across multi-cloud infrastructures. vArmour's vendor-agnostic multi-cloud security architecture is particularly beneficial for organizations in heavily regulated sectors, allowing for streamlined management of data and security policies across diverse cloud environments. The company also maintains a strategic partnership with Tufin to further enhance its offerings.

Area 1 Security

Series B in 2015
Area 1 Security, Inc. is a cybersecurity firm based in Redwood City, California, that specializes in eliminating targeted cyber-attacks. Founded in 2013 by experts from the NSA and MIT, the company has developed Area 1 Horizon, a cloud-based solution designed to identify and mitigate phishing attacks early in their lifecycle. This solution provides advanced warning by analyzing threat campaigns, attacker infrastructure, and delivery mechanisms. Area 1 Security's technology addresses various attack vectors, including email, web, and network threats, enabling organizations to visualize, contextualize, and preempt cyber threats effectively. The company has raised significant funding from notable investors, underscoring its commitment to combating socially engineered cyber threats.

Area 1 Security

Series A in 2014
Area 1 Security, Inc. is a cybersecurity firm based in Redwood City, California, that specializes in eliminating targeted cyber-attacks. Founded in 2013 by experts from the NSA and MIT, the company has developed Area 1 Horizon, a cloud-based solution designed to identify and mitigate phishing attacks early in their lifecycle. This solution provides advanced warning by analyzing threat campaigns, attacker infrastructure, and delivery mechanisms. Area 1 Security's technology addresses various attack vectors, including email, web, and network threats, enabling organizations to visualize, contextualize, and preempt cyber threats effectively. The company has raised significant funding from notable investors, underscoring its commitment to combating socially engineered cyber threats.

Area 1 Security

Seed Round in 2014
Area 1 Security, Inc. is a cybersecurity firm based in Redwood City, California, that specializes in eliminating targeted cyber-attacks. Founded in 2013 by experts from the NSA and MIT, the company has developed Area 1 Horizon, a cloud-based solution designed to identify and mitigate phishing attacks early in their lifecycle. This solution provides advanced warning by analyzing threat campaigns, attacker infrastructure, and delivery mechanisms. Area 1 Security's technology addresses various attack vectors, including email, web, and network threats, enabling organizations to visualize, contextualize, and preempt cyber threats effectively. The company has raised significant funding from notable investors, underscoring its commitment to combating socially engineered cyber threats.

Synack

Series A in 2014
Synack, Inc. provides a crowdsourced security platform for penetration testing. It offers Synack that enables customer data integrity, privacy, and confidentiality. The company’s military-grade virtual private testing environment platform allows the global security community accessible to enterprises and engages global security researchers to test systems in virtual private testing environments, as well as provides secure manual security assessment. Synack, Inc. was incorporated in 2013 and is based in Redwood City, California.

Shape Security

Series C in 2014
Shape provides defense against malicious automated cyber-attacks on web and mobile applications. Shape has deflected over $1B in fraud losses for major retailers, financial institutions, airlines, and government agencies. Shape Security is headquartered in Silicon Valley and backed by Kleiner Perkins Caufield & Byers, Norwest Venture Partners, Venrock, Baseline Ventures, Google Ventures, WING VC and a host of other prominent investors. Shape was founded in 2011 to disrupt automated attacks on web and mobile applications.

Synack

Seed Round in 2013
Synack, Inc. provides a crowdsourced security platform for penetration testing. It offers Synack that enables customer data integrity, privacy, and confidentiality. The company’s military-grade virtual private testing environment platform allows the global security community accessible to enterprises and engages global security researchers to test systems in virtual private testing environments, as well as provides secure manual security assessment. Synack, Inc. was incorporated in 2013 and is based in Redwood City, California.

Shape Security

Series B in 2013
Shape provides defense against malicious automated cyber-attacks on web and mobile applications. Shape has deflected over $1B in fraud losses for major retailers, financial institutions, airlines, and government agencies. Shape Security is headquartered in Silicon Valley and backed by Kleiner Perkins Caufield & Byers, Norwest Venture Partners, Venrock, Baseline Ventures, Google Ventures, WING VC and a host of other prominent investors. Shape was founded in 2011 to disrupt automated attacks on web and mobile applications.
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