Syn Ventures, in cybersecurity, closes Fund II of $300 million

\n \n \n “. concat(self. i18n. t(‘search. voice. recognition_retry’), “\n

Ryan Permeh, co-founder and former chief scientist of Cylance, joins as operating partner

WEST PALM BEACH, Fla. , May 25, 2022–(BUSINESS WIRE)–SYN Ventures, the only venture capital firm founded and led exclusively through former Fortune 500 CISOs and C-level security executives, today announced the end of its $300 million investment of Fund II investment. The shutdown comes less than 12 months after the launch of its first fund and continues into cybersecurity, commercial security, national defense, privacy, regulatory compliance and knowledge governance startups.

In addition to the end of Fund II, the company announced that Cylance co-founder and former chief scientist Ryan Permeh has joined full-time as an operating partner.

“As cybersecurity has come to the forefront of each and every human being on the planet, the speed of innovation is skyrocketing for both our industry and our adversaries,” said Jay Leek, managing partner of SYN Ventures. “The addition of Ryan, one of the most successful and engaged marketers in our industry, for our team is a validation of our investment thesis and our project to shield all companies, large and small, in the United States and our allies. “

SYN’s investments include Adlumin, Boldend, Halcyon, Metabase Q, Netography, Pangea, Phosphorus, Query. ai, SecZetta, Sevco Security, ShiftLeft, SynSaber, TrackerDetect, Revelstoke, Transmit Security and others. The team combines more than a hundred years of enjoyment of operational security with a willing sense of investment and a trusted network of dozens of CISOs who actively help marketers drive their business expansion to outperform themselves in the face of the ever-changing risk landscape. Some of the company’s CISO advisors come with Cradlepoint. CISO, Ben Carr; Chipotle CISO Dave Estlick; Adrian Peters, Managing Director and CISO of Vista Equity Partners; USAA CSO, Jason Witty and more.

“Joining Jay, Patrick and the SYN team is an exciting new bankruptcy in my career. After decades in leadership roles at McAfee, I have been fortunate to work with other people and technologies that have contributed to the emergence of cybersecurity as an industry. “Permeh said. ” As an entrepreneur, I couldn’t have done what I did without venture capital partners, adding Jay and Patrick, to bring my vision to life and evolve a company to become one of the first unicorns in the industry. Safety is in my blood, and I’m excited to share my experience and expertise to help the next generation of marketers revolutionize the industry and evolve the fabric of safety. “

About SYN VenturesSYN Ventures is a venture capital firm whose goal is to make an investment in disruptive and cutting-edge security corporations in the cybersecurity, commercial security, national defense, privacy, regulatory compliance, and knowledge governance industries. The company’s committed security team has a proven track record with over a hundred years of operational experience and security investment. SYN also has a very prominent network of security advisors and CISOs. To learn more about SYN Ventures, visit https://www. synventures. com/.

See the businesswire. com edition: https://www. businesswire. com/news/home/20220525005231/en/

Contacts

Ted Weismannfama PR – SYN Ventures(617) 396-7740ted@famapr. com

Leave a Comment

Your email address will not be published. Required fields are marked *