Evolution Equity Partners

Evolution Equity Partners is an international venture capital firm based in New York, founded in 2008. The firm specializes in investing in seed, series A, series B, and growth-stage companies, with a particular emphasis on sectors such as cyber-security, enterprise software, and consumer-related ventures. By leveraging extensive sector expertise, Evolution Equity Partners aims to support exceptional entrepreneurs in building market-leading businesses. The firm invests in both primary and secondary shares, targeting high-growth opportunities across North America, Europe, and Israel. Notable investments include well-recognized companies such as AVG Technologies, OpenDNS, and Carbon Black. Evolution Equity Partners provides significant resources to its portfolio companies, assisting them in expanding into international markets.

Ollie Bone

Investor

Taher Elgamal

Venture Partner

Heather Fraser

Chief Financial Officer & Chief Operating Officer

Sylwia Hadaj

Principal

Karel Obluk

Partner

Stephan Riesen

CFO

Richard Seewald

Founder and Managing Partner

Dennis Smith

Founder and Managing Partner

JR Smith

Partner

Karthik Subramanian

Partner

Bernhard Vogeli Ph.D

Partner and Chief Operating Officer

J.R. Smith

Partner

Past deals in Cyber Security

Ox Security

Seed Round in 2022
Ox Security is the first end-to-end security solution to prevent attacks across your software. supply chain.

CybSafe

Series B in 2022
CybSafe Limited, founded in 2015 and headquartered in London, United Kingdom, develops a Unified Cyber Awareness Platform aimed at enhancing cyber security for organizations. The platform educates employees through a series of engaging, structured modules that promote behavioral change and improve online security practices. Key features include thought-provoking content, real-time analytics, and a user-friendly implementation process. The software adapts to individual knowledge levels and behavior patterns, leveraging proprietary analytics to stay ahead of evolving cyber threats. By fostering a culture of awareness, CybSafe empowers organizations to mitigate risks associated with cyber security effectively.

Bright Security

Series A in 2022
Bright Security, founded in 2018 and headquartered in Tel Aviv, Israel, specializes in security software development for applications. The company offers innovative solutions such as NexDAST, a dynamic application security testing platform, and NexPLOIT, which integrates application security into the software development life cycle. These tools empower developers to detect, prioritize, and address security vulnerabilities early in the development process, enhancing the efficiency of DevSecOps without causing delays. Bright Security serves a diverse clientele, including sectors such as financial services, healthcare, and government. Additionally, the company has established offices in London, San Francisco, and Mostar, further extending its global reach.

Beyond Identity

Series C in 2022
Beyond Identity's mission is to empower the next generation of secure digital business by replacing passwords with fundamentally secure X.509-based certificates. This patent-pending approach creates an extended Chain of Trust that includes user and device identity and a real-time snapshot of the device’s security posture for adaptive risk-based authentication and authorization. Beyond Identity’s cloud-native solution enables customers to increase business velocity, implement new business models, reduce operating costs, and achieve complete passwordless identity management.

Talon Cyber Security

Seed Round in 2022
Talon Cyber Security is a provider of cybersecurity solutions for the distributed workforce. A next-generation solution designed to protect against a new category of threats posed by distributed work, Talon enables workforce productivity and flexibility alongside rock-solid cybersecurity. Talon’s founders include proven entrepreneurs and former leaders of Unit 8200, Israel’s elite military technology and intelligence unit.

Pentera

Series C in 2022
Pentera, formerly known as Pcysys Ltd., is a cybersecurity firm based in Petah Tikva, Israel, founded in 2015. The company specializes in an automated penetration-testing platform that helps organizations identify and mitigate cybersecurity risks. By applying a hacker's perspective, Pentera's technology continuously conducts ethical exploits to assess vulnerabilities in corporate infrastructures. This platform enables security officers and service providers to perform ongoing machine-based penetration tests, allowing them to analyze and remediate weaknesses in their cyber defenses. As a result, organizations can enhance their resilience against potential cyberattacks and strengthen their overall security posture.

Satori Cyber

Series A in 2021
Satori Cyber Ltd. owns and operates a cyber security platform that secures data flows in enterprise databases in cloud and hybrid environments. The company through its platform offers continuous visibility and mapping for data flows and data stores, activity based discovery and classification of data in real-time, data security through granular, field-level data access controls and anomaly detection, compliance through continuous monitoring and enforcement of data privacy policies, integration into any cloud or hybrid environment without impacting existing user and application access. Satori Cyber Ltd. was founded in 2019 and is based in Tel Aviv-Yafo, Israel.

TrueFort

Series B in 2021
TrueFort Fortress is a comprehensive, real-time cloud and application workload protection solution that secures the largest, most targeted and most dynamic, part of the enterprise attack surface … its application environment. It leverages telemetry from your existing agents and delivers more value than point or infrastructure-focused solutions. Best of all, it is a single console, policy, and reporting system from which to measure, control and immediately improve your risk posture.

BluBracket

Series A in 2021
BluBracket, Inc. specializes in enterprise security solutions focused on the protection of code, which is increasingly recognized as a critical asset for organizations. Founded in 2018 and located in Palo Alto, California, the company offers a comprehensive suite of services that includes CodeInsight, CodeSecure, and tailored solutions for security teams, DevSecOps, and engineering departments. These offerings enable businesses to discover and classify their code, detect and monitor risks, safeguard valuable code assets, and enforce security policies effectively. By prioritizing security in a fast-paced software environment, BluBracket helps organizations protect their code while fostering innovation and agility in their development processes.

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.

SecurityScorecard

Series E in 2021
SecurityScorecard, Inc. is a cybersecurity ratings and continuous monitoring platform that evaluates the cybersecurity strength of businesses and third-party vendors. Founded in 2013, the company has developed a patented technology that provides instant risk ratings for over a million companies, helping organizations manage their cybersecurity risks more effectively. Its offerings include ThreatMarket, a cloud-based vulnerability search engine that assesses security posture across various risk categories, and Score Planner, which allows companies to explore remediation strategies. Additionally, SecurityScorecard provides tools for vendor risk management, board reporting, and cyber insurance underwriting through its Scorecard Event Log and Atlas platform for questionnaire management. The company serves a global clientele, including Fortune 1000 organizations, and collaborates with value-added resellers and service partners to deliver its solutions. Based in New York, SecurityScorecard aims to enhance organizational resilience by facilitating the identification and mitigation of cybersecurity risks.

Unbound Security

Series B in 2020
Unbound Security specializes in providing advanced security solutions that protect digital assets and secrets without exposing sensitive information. By enabling organizations to control, manage, and safeguard keys across various platforms from a centralized interface, Unbound enhances security while allowing for the rapid development of digital services. The company also offers integration of a virtual secure enclave into applications, facilitating secure transactions from less secure devices. With its innovative technology, Unbound Security addresses the challenges of security, privacy, and compliance, enabling businesses to operate with greater agility and confidence. Founded in 1996 and based in New York, Unbound Security has established strategic partnerships to further enhance its capabilities in the market.

Logpoint

Series B in 2020
LogPoint A/S operates a security information and event management platform serving various sectors, including finance, healthcare, defense, government, utilities, and telecommunications. The company's core product, LogPoint, offers an analysis platform with out-of-the-box dashboarding and reporting features designed to manage and measure enterprise security effectively. It enables real-time correlation of events and reporting on critical business operations, helping organizations gain insights from the events generated by their core applications and supporting infrastructure. Additionally, LogPoint provides managed services, design and implementation support, and training to enhance security management. Established in 2001, LogPoint is headquartered in Copenhagen, Denmark, and is EAL 3+ certified, addressing specific security management challenges such as compliance, forensics, and operational insight.

CounterCraft

Seed Round in 2020
CounterCraft SL specializes in advanced cyber deception and counterintelligence solutions aimed at detecting and managing targeted attacks against large organizations. Founded in 2015 and headquartered in San Sebastian, Spain, with additional offices in London and Madrid, the company provides tools that manipulate adversaries through sophisticated deception techniques. Its Threat Deception platform allows users to create and automate campaigns that engage threat actors with fake digital assets, effectively diverting their attention from actual operational systems. This approach not only helps in threat detection but also generates valuable intelligence from adversaries, enriching existing data and integrating seamlessly with incident response workflows. CounterCraft serves a diverse clientele, including Fortune Global 2000 companies across sectors such as finance, retail, and energy, as well as government and law enforcement agencies. The company’s innovative solutions provide organizations with critical insights and enhance their ability to respond to rapidly evolving cyber threats.

Awake Security

Series C in 2020
Awake Security, Inc. specializes in network traffic analysis, providing a platform that autonomously identifies, assesses, and processes threats within network environments. The Awake Security Platform utilizes advanced technologies, including federated machine learning and threat intelligence, to analyze extensive communications, enabling it to discover, profile, and classify every device, user, and application on a network. This capability allows the platform to detect malicious intent from both insiders and external attackers while offering full forensic context for behavioral and compliance incidents. Additionally, Awake Security delivers security strategy, operations, and advisory solutions. Founded in 2014 and based in Santa Clara, California, the company operates as a subsidiary of Arista Networks, Inc. since October 2020.

zecOps

Seed Round in 2019
ZecOps is a cybersecurity automation company that finds attackers' mistakes to discover the course of action and objectives of the entire campaign, burn the threat actors exploits and persistence mechanisms, and increase the attacker's campaign costs. The company develops solutions for servers, endpoints, mobile devices, and custom devices.

TrueFort

Series A in 2019
TrueFort Fortress is a comprehensive, real-time cloud and application workload protection solution that secures the largest, most targeted and most dynamic, part of the enterprise attack surface … its application environment. It leverages telemetry from your existing agents and delivers more value than point or infrastructure-focused solutions. Best of all, it is a single console, policy, and reporting system from which to measure, control and immediately improve your risk posture.

SecurityScorecard

Series D in 2019
SecurityScorecard, Inc. is a cybersecurity ratings and continuous monitoring platform that evaluates the cybersecurity strength of businesses and third-party vendors. Founded in 2013, the company has developed a patented technology that provides instant risk ratings for over a million companies, helping organizations manage their cybersecurity risks more effectively. Its offerings include ThreatMarket, a cloud-based vulnerability search engine that assesses security posture across various risk categories, and Score Planner, which allows companies to explore remediation strategies. Additionally, SecurityScorecard provides tools for vendor risk management, board reporting, and cyber insurance underwriting through its Scorecard Event Log and Atlas platform for questionnaire management. The company serves a global clientele, including Fortune 1000 organizations, and collaborates with value-added resellers and service partners to deliver its solutions. Based in New York, SecurityScorecard aims to enhance organizational resilience by facilitating the identification and mitigation of cybersecurity risks.

Arqit Limited

Funding Round in 2018
Arqit Limited, founded in 2017 and based in London, United Kingdom, specializes in quantum key distribution technology. The company leverages the quantum properties of photons to generate unique cryptographic keys, which can be securely shared between two parties via laser transmissions from satellites. In addition to its key distribution services, Arqit is also developing a quantum-resistant blockchain ecosystem aimed at enterprise applications. This dual focus on advanced encryption and blockchain technology positions Arqit as a significant player in the evolving landscape of cybersecurity and digital communications.

SCYTHE

Seed Round in 2018
Scythe Inc. is a cybersecurity company based in Arlington, Virginia, founded in 2017. The company specializes in designing and developing a platform that enables organizations to create and simulate various adversarial campaigns. This capability allows businesses to rigorously test their security controls with a high level of detail, helping them identify vulnerabilities and improve their overall security posture. By providing a comprehensive environment for security testing, Scythe aims to enhance organizational resilience against potential cyber threats.

zecOps

Pre Seed Round in 2018
ZecOps is a cybersecurity automation company that finds attackers' mistakes to discover the course of action and objectives of the entire campaign, burn the threat actors exploits and persistence mechanisms, and increase the attacker's campaign costs. The company develops solutions for servers, endpoints, mobile devices, and custom devices.

Panaseer

Series A in 2018
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.

Onapsis

Series C in 2018
Onapsis provides cybersecurity and compliance solutions for cloud and on-premise ERP and business-critical applications. Its solutions include the Onapsis Security Platform, a widely-used SAP-certified cyber-security solution in the market. Unlike generic security products, Onapsis’ context-aware solutions deliver both preventative vulnerability and compliance controls, as well as real-time detection and incident response capabilities to reduce risks affecting critical business processes and data. The company was founded in 2019 and is headquartered in Boston, Massachusetts. Onapsis has offices in Heidelberg, Germany, and Buenos Aires, Argentina.

CounterCraft

Seed Round in 2018
CounterCraft SL specializes in advanced cyber deception and counterintelligence solutions aimed at detecting and managing targeted attacks against large organizations. Founded in 2015 and headquartered in San Sebastian, Spain, with additional offices in London and Madrid, the company provides tools that manipulate adversaries through sophisticated deception techniques. Its Threat Deception platform allows users to create and automate campaigns that engage threat actors with fake digital assets, effectively diverting their attention from actual operational systems. This approach not only helps in threat detection but also generates valuable intelligence from adversaries, enriching existing data and integrating seamlessly with incident response workflows. CounterCraft serves a diverse clientele, including Fortune Global 2000 companies across sectors such as finance, retail, and energy, as well as government and law enforcement agencies. The company’s innovative solutions provide organizations with critical insights and enhance their ability to respond to rapidly evolving cyber threats.

Morphisec

Series B in 2018
Morphisec delivers an entirely new level of innovation with its Moving Target Defense-powered proactive endpoint protection platform to create a zero-trust execution environment for your applications. This proactively creates a prevent-first posture against the most advanced threats to the enterprise, including APTs, file-based malware, zero-days, ransomware, fileless attacks, and web-borne exploits. This complete endpoint security solution easily deploys into a company’s existing security infrastructure to form a simple, highly effective, cost-efficient technology stack that is truly disruptive to today’s existing cybersecurity model.

DFLabs

Series A in 2018
DFLabs is a recognized global leader in security automation and orchestration technology. The company’s management team has helped shape the cyber security industry, which includes co-editing several industry standards such as ISO 27043 and ISO 30121. Its flagship product, IncMan, has been adopted by Fortune 500 and Global 2000 organizations worldwide. DFLabs has operations in Europe, North America, and EMEA. For more information, visit www.dflabs.com or connect with us on Twitter @DFLabs.

SecurityScorecard

Series C in 2017
SecurityScorecard, Inc. is a cybersecurity ratings and continuous monitoring platform that evaluates the cybersecurity strength of businesses and third-party vendors. Founded in 2013, the company has developed a patented technology that provides instant risk ratings for over a million companies, helping organizations manage their cybersecurity risks more effectively. Its offerings include ThreatMarket, a cloud-based vulnerability search engine that assesses security posture across various risk categories, and Score Planner, which allows companies to explore remediation strategies. Additionally, SecurityScorecard provides tools for vendor risk management, board reporting, and cyber insurance underwriting through its Scorecard Event Log and Atlas platform for questionnaire management. The company serves a global clientele, including Fortune 1000 organizations, and collaborates with value-added resellers and service partners to deliver its solutions. Based in New York, SecurityScorecard aims to enhance organizational resilience by facilitating the identification and mitigation of cybersecurity risks.

Panaseer

Seed Round in 2017
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.

Logpoint

Series B in 2017
LogPoint A/S operates a security information and event management platform serving various sectors, including finance, healthcare, defense, government, utilities, and telecommunications. The company's core product, LogPoint, offers an analysis platform with out-of-the-box dashboarding and reporting features designed to manage and measure enterprise security effectively. It enables real-time correlation of events and reporting on critical business operations, helping organizations gain insights from the events generated by their core applications and supporting infrastructure. Additionally, LogPoint provides managed services, design and implementation support, and training to enhance security management. Established in 2001, LogPoint is headquartered in Copenhagen, Denmark, and is EAL 3+ certified, addressing specific security management challenges such as compliance, forensics, and operational insight.

Fortscale

Series B in 2017
Fortscale Security, Inc. designs and develops security software. The company was founded in 2012 and is based in San Francisco, California.

Eperi

Seed Round in 2017
eperi GmbH, founded in 2003 and headquartered in Darmstadt, Germany, specializes in IT security solutions, focusing on Cloud Data Protection (CDP). The company offers a range of services including database encryption, mobile security, and API security for cloud applications and files. With over 15 years of experience in the field, eperi aims to safeguard sensitive data across various platforms. The company is led by its founder and CEO, Elmar Eperiesi-Beck, who possesses a majority ownership stake. Additionally, since 2014, the Swiss investor network b-to-v has held a minority stake, along with Evolution Equity Partners, which has been involved since 2016.

SecurityScorecard

Series B in 2016
SecurityScorecard, Inc. is a cybersecurity ratings and continuous monitoring platform that evaluates the cybersecurity strength of businesses and third-party vendors. Founded in 2013, the company has developed a patented technology that provides instant risk ratings for over a million companies, helping organizations manage their cybersecurity risks more effectively. Its offerings include ThreatMarket, a cloud-based vulnerability search engine that assesses security posture across various risk categories, and Score Planner, which allows companies to explore remediation strategies. Additionally, SecurityScorecard provides tools for vendor risk management, board reporting, and cyber insurance underwriting through its Scorecard Event Log and Atlas platform for questionnaire management. The company serves a global clientele, including Fortune 1000 organizations, and collaborates with value-added resellers and service partners to deliver its solutions. Based in New York, SecurityScorecard aims to enhance organizational resilience by facilitating the identification and mitigation of cybersecurity risks.

DFLabs

Series A in 2016
DFLabs is a recognized global leader in security automation and orchestration technology. The company’s management team has helped shape the cyber security industry, which includes co-editing several industry standards such as ISO 27043 and ISO 30121. Its flagship product, IncMan, has been adopted by Fortune 500 and Global 2000 organizations worldwide. DFLabs has operations in Europe, North America, and EMEA. For more information, visit www.dflabs.com or connect with us on Twitter @DFLabs.

Carbon Black

Series F in 2015
Carbon Black (NASDAQ: CBLK) is a leading provider of next-generation endpoint security. Carbon Black serves more than 4,300 customers globally, including 35 of the Fortune 100. As a cybersecurity innovator, Carbon Black has pioneered multiple endpoint security categories, including application control, endpoint detection and response (EDR), and next-generation antivirus (NGAV). Leveraging its big data and analytics cloud platform – the Cb Predictive Security Cloud – Carbon Black solutions enable customers to defend against the most advanced cyber threats, including malware, ransomware, and non-malware attacks. Deployed via the cloud, on premise or as a managed service, customers use Carbon Black solutions to lock down critical systems, hunt threats, and replace legacy antivirus.

Onapsis

Series B in 2015
Onapsis provides cybersecurity and compliance solutions for cloud and on-premise ERP and business-critical applications. Its solutions include the Onapsis Security Platform, a widely-used SAP-certified cyber-security solution in the market. Unlike generic security products, Onapsis’ context-aware solutions deliver both preventative vulnerability and compliance controls, as well as real-time detection and incident response capabilities to reduce risks affecting critical business processes and data. The company was founded in 2019 and is headquartered in Boston, Massachusetts. Onapsis has offices in Heidelberg, Germany, and Buenos Aires, Argentina.

SecurityScorecard

Series A in 2015
SecurityScorecard, Inc. is a cybersecurity ratings and continuous monitoring platform that evaluates the cybersecurity strength of businesses and third-party vendors. Founded in 2013, the company has developed a patented technology that provides instant risk ratings for over a million companies, helping organizations manage their cybersecurity risks more effectively. Its offerings include ThreatMarket, a cloud-based vulnerability search engine that assesses security posture across various risk categories, and Score Planner, which allows companies to explore remediation strategies. Additionally, SecurityScorecard provides tools for vendor risk management, board reporting, and cyber insurance underwriting through its Scorecard Event Log and Atlas platform for questionnaire management. The company serves a global clientele, including Fortune 1000 organizations, and collaborates with value-added resellers and service partners to deliver its solutions. Based in New York, SecurityScorecard aims to enhance organizational resilience by facilitating the identification and mitigation of cybersecurity risks.

OpenDNS

Series C in 2014
OpenDNS is a provider of Internet security and Domain Name System services for homes and businesses. It also provides internet wide security network for web content filtering, anti phishing, Domain Name System infrastructure, and navigation services that enable consumers and administrators to protect networks from online threats and to enforce internet use policies.

SecurityScorecard

Seed Round in 2014
SecurityScorecard, Inc. is a cybersecurity ratings and continuous monitoring platform that evaluates the cybersecurity strength of businesses and third-party vendors. Founded in 2013, the company has developed a patented technology that provides instant risk ratings for over a million companies, helping organizations manage their cybersecurity risks more effectively. Its offerings include ThreatMarket, a cloud-based vulnerability search engine that assesses security posture across various risk categories, and Score Planner, which allows companies to explore remediation strategies. Additionally, SecurityScorecard provides tools for vendor risk management, board reporting, and cyber insurance underwriting through its Scorecard Event Log and Atlas platform for questionnaire management. The company serves a global clientele, including Fortune 1000 organizations, and collaborates with value-added resellers and service partners to deliver its solutions. Based in New York, SecurityScorecard aims to enhance organizational resilience by facilitating the identification and mitigation of cybersecurity risks.

Cognitive Security

Series A in 2011
Cognitive Security develops advanced products focused on Network Behavior Analysis (NBA) to combat sophisticated cyber threats, including Advanced Persistent Threats, exploit kits, and various forms of malware. Leveraging research funded by the US Army, the company integrates Artificial Intelligence techniques such as statistical analysis and game-theoretic self-optimization into its security architecture. Their solutions can be deployed as appliances, virtual appliances, or as OEM software modules, ensuring compatibility and ease of integration with existing networks through NetFlow/IPFIX inputs. Cognitive Security primarily serves enterprises and small to medium-sized businesses, providing them with innovative network security solutions.