USA – Blu Venture Investors Cyber GP, LLC, a Vienna, Va.-based venture capital firm focused on early-stage investments in the cybersecurity and technology industries, closed its first fund, Blu Ventures Cyber Fund, LP, at just under $25M.
Commitments came from 95 new and existing limited partners.Founded in 2010, Blu Ventures invests to invest $1-$3M in early-stage cyber and enterprise software firms. As a primary source venture capital firm, Blu’s partners bring operator expertise across a variety of industries and an investment perspective closely aligned with entrepreneurs. To date, Cyber Fund I closed three transactions representing $2.67 million or approximately 11% of total committed capital in the fund.The firm is led by Michael Sutton and Joe Callanan. 20/06/2022
