LUXEMBOURG – Paladin Capital Group, a cyber and advanced technology investor, closed its Cyber Fund II, at $372m.
Cyber Fund II will look to deploy capital across a number of high-priority cybersecurity and online safety sectors, including innovative technologies that protect critical infrastructure from cyberattacks and networks from ransomware. Paladin has already begun investing out of the Fund in companies such as: Founded in 2001 by Michael Steed, Managing Partner, and also led by Brenda Chia, Director of Capital Development, and Christopher Steed, Chief Investment Officer and Managing Director, Paladin Capital Group focuses on investing in innovative companies that develop promising, early-stage technologies to address the critical cyber and advanced technological needs of both commercial and government customers. The firm, which has invested in more than 60 companies since 2008 across North America, Australia, Europe and the Middle East, including CalypsoAI, Hack The Box,and Expel, has offices in Washington DC, New York, London, Luxembourg, and Silicon Valley. Founded in 2001 shortly after the 9/11 attacks, Paladin was one of the first investors to recognize the need for coordination between international private and public sectors to support technologies with a security-by-design mindset. Since 2008, Paladin has invested in more than 60 companies a managed detection and response (MDR) provider that defends against ransomware, phishing and other emerging threats.01/06/2022
