Leading cybersecurity venture capital firm
continues wave of launching innovative startups with unique
incubation program and portfolio "network effect"
SAN
MATEO, Calif., May 31, 2022
/PRNewswire/ -- Forgepoint Capital, the world's most active venture
capital fund focused solely on cybersecurity, today celebrates the
launch of Surefire Cyber, a new incident response firm that helps
cyber insurers, brokers, law firms and the organizations they
support better manage cyber events. Founded and led by leading
incident response expert Billy
Gouveia, Surefire Cyber emerged from stealth with
$10 million in Series A funding from
Forgepoint Capital following its successful incubation within the
firm.
The second startup incubated at Forgepoint, Surefire Cyber has
benefitted from a wide range of support including recruiting,
platform development, introductions to its first customers,
marketing, governance and critical introductions. These company
building blocks have enabled Surefire Cyber to launch with an
expert team of industry veterans and an innovative tech-enabled
platform for incident response, along with a roster of
industry-leading customers and partners.
"Forgepoint's mission is to empower and propel entrepreneurs
along their pathways to solving the most pressing, complex
challenges in cybersecurity," said Andrew
McClure, Partner at Forgepoint Capital. "With the global
rise in cyberattacks and their associated costs, we share Billy's
vision and goals in developing a new and more effective approach
that accelerates time to response and recovery, which is crucial
for any business."
"Forgepoint has gone above and beyond to help me build Surefire
Cyber into a business," said Billy
Gouveia, CEO and Founder, and former Entrepreneur in
Residence at Forgepoint. "I wanted a partner who shares a
commitment to defending companies, jobs, and our nation from the
growing number of destructive cybercrimes. Forgepoint's meaningful
relationships with advisors, partners, and clients throughout the
industry have been invaluable."
The incubation and launch of Surefire follows on the heels of
SolCyber, the first modern MSSP for the midmarket, which was
successfully incubated within Forgepoint and launched to market in
July 2021. SolCyber's continued
success in serving its rapidly growing client base includes
thriving partnerships with several Forgepoint portfolio companies
like Area 1 Security, Attivo Networks, Converge, Cysiv, Ermetic,
and now Surefire.
"Forgepoint's investment goes well beyond equity capital. We
help incubate and build innovative startups such as SolCyber and
Surefire," said Don Dixon, Managing
Director at Forgepoint Capital. "Our ongoing support accelerated
Surefire's ability to build an exceptional team and develop an
innovative platform that drives collaboration with their clients
and partners. We're also seeing a powerful "network effect" as both
companies partner deeply across our portfolio to leverage synergies
and augment capabilities – finding ways to better serve clients
while accelerating their time to value."
By fostering innovation across its extensive portfolio of 36
companies and Advisory Council of more than 75 leaders across
industries, Forgepoint is fueling the next wave of the
cybersecurity market. In 2021 alone, Forgepoint completed 22 new
financings and added 10 new cyber companies to its growing
portfolio, including 1Kosmos, Cyberhaven, DeepSee, Ermetic,
Interos, Noname Security, Rafay, Verituity and WireWheel. Over the
past 90 days, Forgepoint had three acquisitions from its portfolio:
Cloudflare (NYSE: NET) acquired Area 1 Security in February,
SentinelOne (NYSE: S) acquired Attivo Networks in March, and, most
recently, LexisNexis Risk Solutions (a subsidiary of RELX) acquired
BehavioSec in May.
About Forgepoint Capital
Forgepoint Capital is the most active cybersecurity venture
capital firm in the world, with 36 active portfolio companies and
the largest and most diverse team dedicated to investing in the
sector. The firm brings over 100 years of proven company-building
experience and its Advisory Council of more than 75 senior
executives across industries to support entrepreneurs advancing
innovation as they protect the digital future. Founded in 2015,
Forgepoint has raised $770 million,
deployed over $500 million, and
empowered industry leaders such as 1Kosmos, Area 1 Security
(Cloudflare), Attivo Networks (SentinelOne), BehavioSec (RELX),
Bishop Fox, Cysiv, Huntress, IronNet Cybersecurity (NYSE: IRNT),
Noname Security, NowSecure, ReversingLabs, Uptycs and more to reach
their market potential. Learn more about Forgepoint at
https://forgepointcap.com or follow us on LinkedIn.
About Surefire Cyber
Surefire Cyber delivers swift, strong response to cyber
incidents such as ransomware, email compromise, malware, data
theft, and other threats with end-to-end response capabilities.
Surefire Cyber was founded to provide clients confidence by helping
them prepare, respond, and recover from cyber incidents—and to
fortify their cyber resilience after an incident. To learn more,
please visit: www.surefirecyber.com or follow Surefire Cyber on
LinkedIn.
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SOURCE Forgepoint Capital