Paladin Capital Group

Paladin Capital Group, established in 2001 and based in Washington, DC, is a private equity and venture capital firm that invests in innovative technology, product, and service opportunities. The firm specializes in dual-use technologies that cater to both commercial and governmental markets, leveraging its financial expertise alongside national security and technical knowledge to enhance the growth of its portfolio companies. Paladin is committed to being an active investor, providing guidance, resources, and connections to foster company development. Its recent focus includes investing in digital infrastructure resilience and advanced technologies that protect critical infrastructure in cyberspace. With additional offices in New York City, Silicon Valley, London, and Luxembourg, Paladin aims to support and scale innovative solutions on a global scale.

Roxana Irina Big

Associate

Brenda Chia

Managing Director

Tom Clute

Senior Vice President

Philip Eliot

Investor

Kenneth Minihan

Managing Director

Peter O'Keefe

Venture Partner

Kenneth Pentimonti

Managing Director

Francois Ruether

Vice President

Tyler Steed

Associate

Michael R. Steed

Founder and Managing Partner

Christopher Steed

Managing Director and Chief Investment Officer

Katherine Thomas

Senior Associate

John Vernon

Associate

Mourad Yesayan

Managing Director

Past deals in Virginia

Nisos

Series B in 2022
Nisos LLC, founded in 2015 and based in Alexandria, Virginia, offers a range of IT consulting services focused on cybersecurity and threat mitigation. The company specializes in areas such as cyber due diligence, incident response, adversarial attribution, and insider threat detection. Nisos provides services aimed at protecting clients' reputations and assets through strategies like attack simulation, compromise assessment, and executive protection. Additionally, it addresses challenges related to platform abuse and supply chain integrity, enabling clients to make informed decisions and strengthen their defenses against increasing adversarial threats.

Hubble

Seed Round in 2022
Developer of asset intelligence technology designed to offer real-time, precise, and actionable asset data. The company's platform provides agentless architecture, visibility, near real-time intelligence, limitless customization, and meaningful visualization for end-to-end visibility across the entire technology domain, providing enterprise-wide teams with big-picture insights to increase security and business velocity.

Expel

Series E in 2021
Expel, Inc. is a managed security software company that specializes in providing SOC-as-a-service, which includes security monitoring and response for cloud, hybrid, and on-premises environments. Founded in 2016 and based in Herndon, Virginia, Expel leverages existing security signals from its customers to enhance the value of their current security investments. By connecting to customer technology remotely via APIs rather than agents, Expel can initiate monitoring within hours, allowing internal teams to concentrate on their unique security priorities. The company aims to streamline and improve the security operations of organizations, enabling them to respond effectively to emerging threats.

SCYTHE

Series A in 2021
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.

Nisos

Venture Round in 2020
Nisos LLC, founded in 2015 and based in Alexandria, Virginia, offers a range of IT consulting services focused on cybersecurity and threat mitigation. The company specializes in areas such as cyber due diligence, incident response, adversarial attribution, and insider threat detection. Nisos provides services aimed at protecting clients' reputations and assets through strategies like attack simulation, compromise assessment, and executive protection. Additionally, it addresses challenges related to platform abuse and supply chain integrity, enabling clients to make informed decisions and strengthen their defenses against increasing adversarial threats.

RangeForce

Series A in 2020
RangeForce delivers the most effective way to level-up and accurately assess the skills of your cybersecurity team through a scalable, interactive, on-demand cyber-skill training platform and integrated cyber range.

CalypsoAI

Series A in 2020
Calypso AI Corp. develops software products to solve artificial intelligence risks for national security and highly-regulated industries. It offers Vespr software platform, an integrated model accreditation and model risk management system that enables users to monitor artificial systems for ongoing performance, compliance, and security thresholds. Its solution is also used by teams to validate, monitor, and secure their artificial intelligence. The company was incorporated in 2018 and is based in San Mateo, California with additional offices in New York, Virginia, and Ireland.

Expel

Series D in 2020
Expel, Inc. is a managed security software company that specializes in providing SOC-as-a-service, which includes security monitoring and response for cloud, hybrid, and on-premises environments. Founded in 2016 and based in Herndon, Virginia, Expel leverages existing security signals from its customers to enhance the value of their current security investments. By connecting to customer technology remotely via APIs rather than agents, Expel can initiate monitoring within hours, allowing internal teams to concentrate on their unique security priorities. The company aims to streamline and improve the security operations of organizations, enabling them to respond effectively to emerging threats.

Expel

Series C in 2019
Expel, Inc. is a managed security software company that specializes in providing SOC-as-a-service, which includes security monitoring and response for cloud, hybrid, and on-premises environments. Founded in 2016 and based in Herndon, Virginia, Expel leverages existing security signals from its customers to enhance the value of their current security investments. By connecting to customer technology remotely via APIs rather than agents, Expel can initiate monitoring within hours, allowing internal teams to concentrate on their unique security priorities. The company aims to streamline and improve the security operations of organizations, enabling them to respond effectively to emerging threats.

RangeForce

Seed Round in 2019
RangeForce delivers the most effective way to level-up and accurately assess the skills of your cybersecurity team through a scalable, interactive, on-demand cyber-skill training platform and integrated cyber range.

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.

Expel

Series B in 2018
Expel, Inc. is a managed security software company that specializes in providing SOC-as-a-service, which includes security monitoring and response for cloud, hybrid, and on-premises environments. Founded in 2016 and based in Herndon, Virginia, Expel leverages existing security signals from its customers to enhance the value of their current security investments. By connecting to customer technology remotely via APIs rather than agents, Expel can initiate monitoring within hours, allowing internal teams to concentrate on their unique security priorities. The company aims to streamline and improve the security operations of organizations, enabling them to respond effectively to emerging threats.

Expel

Series A in 2016
Expel, Inc. is a managed security software company that specializes in providing SOC-as-a-service, which includes security monitoring and response for cloud, hybrid, and on-premises environments. Founded in 2016 and based in Herndon, Virginia, Expel leverages existing security signals from its customers to enhance the value of their current security investments. By connecting to customer technology remotely via APIs rather than agents, Expel can initiate monitoring within hours, allowing internal teams to concentrate on their unique security priorities. The company aims to streamline and improve the security operations of organizations, enabling them to respond effectively to emerging threats.

Cofense

Series C in 2016
Cofense, formerly known as PhishMe, specializes in phishing threat management, addressing the vulnerabilities of human behavior in organizations. Its intelligence-driven platform empowers employees to actively identify, report, and mitigate various threats, including spear phishing, malware, and drive-by attacks. Cofense serves a diverse clientele across multiple sectors, including defense, energy, financial services, healthcare, and manufacturing, as well as other Global 1000 companies. By providing tools for penetration testing, social engineering, abuse management, incident response, and data forensics, Cofense helps organizations understand user security behavior, enhance overall security, improve incident response capabilities, and minimize the risk of security breaches.

Cofense

Series B in 2015
Cofense, formerly known as PhishMe, specializes in phishing threat management, addressing the vulnerabilities of human behavior in organizations. Its intelligence-driven platform empowers employees to actively identify, report, and mitigate various threats, including spear phishing, malware, and drive-by attacks. Cofense serves a diverse clientele across multiple sectors, including defense, energy, financial services, healthcare, and manufacturing, as well as other Global 1000 companies. By providing tools for penetration testing, social engineering, abuse management, incident response, and data forensics, Cofense helps organizations understand user security behavior, enhance overall security, improve incident response capabilities, and minimize the risk of security breaches.

Endgame

Series C in 2014
Endgame is a leading endpoint security platform that transforms security operations teams and incident responders from crime scene investigators into hunters that prevent damage and loss, and dramatically reduces the time and cost associated with incident response and compromise assessment. Endgame’s platform uses machine learning and data science to prevent and detect unique attacks at the earliest and every stage of the attack lifecycle. Endgame’s integrated response stops attacks without disrupting normal business operations. It was founded in 2008 and has been operating in Arlington, Virginia.

Endgame

Series B in 2013
Endgame is a leading endpoint security platform that transforms security operations teams and incident responders from crime scene investigators into hunters that prevent damage and loss, and dramatically reduces the time and cost associated with incident response and compromise assessment. Endgame’s platform uses machine learning and data science to prevent and detect unique attacks at the earliest and every stage of the attack lifecycle. Endgame’s integrated response stops attacks without disrupting normal business operations. It was founded in 2008 and has been operating in Arlington, Virginia.

Cofense

Series A in 2012
Cofense, formerly known as PhishMe, specializes in phishing threat management, addressing the vulnerabilities of human behavior in organizations. Its intelligence-driven platform empowers employees to actively identify, report, and mitigate various threats, including spear phishing, malware, and drive-by attacks. Cofense serves a diverse clientele across multiple sectors, including defense, energy, financial services, healthcare, and manufacturing, as well as other Global 1000 companies. By providing tools for penetration testing, social engineering, abuse management, incident response, and data forensics, Cofense helps organizations understand user security behavior, enhance overall security, improve incident response capabilities, and minimize the risk of security breaches.

Digital Signal

Private Equity Round in 2012
Digital Signal, founded in 2001 and based in Chantilly, Virginia, specializes in three-dimensional long-range facial recognition technology tailored for both government and commercial clients. The company develops LIDAR-based biometric solutions designed to identify non-cooperative individuals and detect faces in crowded environments. Its technology offers comprehensive identity intelligence, encompassing enrollment, monitoring, and identity analytics. By leveraging the advanced capabilities of 3D facial scanning, Digital Signal's solutions can accurately identify subjects in motion or at various angles, even when wearing sunglasses, which enhances surveillance efficiency and effectiveness. The company also provides customized applications to meet specific customer requirements.

Fixmo

Series C in 2011
Founded in 2009, Fixmo Inc. is the mobile risk management (MRM) company that empowers organizations to mitigate risks around mobile deployments. Using Fixmo's solutions including its flagship Sentinel product, enterprises and government agencies ensure the integrity, compliance and auditability of every device used by their mobile workforce. Through a technology transfer agreement, Fixmo has commercialized and further advanced powerful MRM technologies initially developed by the U.S. National Security Agency (NSA). The company is headquartered in Sterling, VA with offices in Toronto. For more information about mobile risk management visit www.fixmo.com or follow @fixmo on Twitter.

Digital Signal

Series C in 2011
Digital Signal, founded in 2001 and based in Chantilly, Virginia, specializes in three-dimensional long-range facial recognition technology tailored for both government and commercial clients. The company develops LIDAR-based biometric solutions designed to identify non-cooperative individuals and detect faces in crowded environments. Its technology offers comprehensive identity intelligence, encompassing enrollment, monitoring, and identity analytics. By leveraging the advanced capabilities of 3D facial scanning, Digital Signal's solutions can accurately identify subjects in motion or at various angles, even when wearing sunglasses, which enhances surveillance efficiency and effectiveness. The company also provides customized applications to meet specific customer requirements.
Founded in late 2005, DigitalBridge Communications (DBC) provides broadband wireless to small and medium-sized communities of up to 150,000 people nationwide through the new WiMAX technology standard. In June 2007, DBC launched the first commercial WiMAX system in the United States in Rexburg, Idaho. Our strong, growing business benefits from the low-capital costs of WiMAX deployments and its high subscriber self-install rates. Building on the advantages of WiMAX economics, DBC has developed a highly scalable network deployment and variable-cost based back office platform that will enable us to bring broadband to communities nationwide. DBC is also committed to working with communities and schools to make high speed services available to local residents and students. We look forward to becoming an integral part of each community that we serve. We also expect to create partnerships with universities similar to our relationship with Ball State University in Muncie, Indiana. In January, 2007, Ball State University and DBC partnered to test licensed WiMAX self-install equipment. The test deployment was one of the first in the U.S. Since then, the collaboration continues to create the technical and business models needed to deliver WiMAX wireless broadband services profitably to traditionally underserved markets in Indiana and across the country.

Previstar

Series A in 2005
Previstar, Inc. specializes in providing web-based software solutions aimed at enhancing emergency preparedness and response for various sectors, including the armed services and homeland security. The company's offerings include the Continual Preparedness System, which automates incident management processes; CEMPlanner, a tool that guides users through the creation of compliant emergency management plans; Long Term Care (LTC), which supports nursing home facilities in improving their emergency preparedness; and OPENTST, a software application that facilitates the secure exchange of critical information during emergencies. Previstar's products assist in developing exercise plans, preparing for bioterrorism threats, responding to natural disasters, and bolstering the readiness of healthcare facilities. Headquartered in Alexandria, Virginia, the company also operates a research and development facility in Knoxville, Tennessee. Previously known as RAMSAFE Technologies LLC, it rebranded to Previstar, Inc. in 2006.

Aderis Pharmaceuticals

Series D in 2001
Aderis Pharmaceuticals is a clinical-stage biopharmaceutical company focused on discovery, development and commercialization of products for the diagnosis and treatment of cardio-renal diseases. Discovery Therapeutics' product pipeline includes adenosine agonists and antagonists for the diagnosis and treatment of cardiovascular disease and leukotriene synthesis inhibitors for the treatment of chronic renal disease. In addition the company has license agreements with strategic partners involving novel late stage products for the treatment of Parkinson's disease and diagnosis of coronary artery disease.
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