Blu Venture Investors

Blu Venture Investors is a venture capital and private equity firm focusing on seed and early-stage technology investments and related special situations such as acquisitions and spin-offs. It backs software, SaaS, cybersecurity, Internet of Things, digital media, and technology companies across B2B and B2C models, with interest in materials, chemical and biological sciences, and solutions for defense, homeland security, and intelligence communities. The firm targets the mid-Atlantic region—Maryland, Virginia, Washington, D.C., and North Carolina—and typically invests between $50,000 and $3 million per round, often syndicating larger rounds with partners. It aims to take majority stakes and provides board seats, advisory support, and, when needed, C-level executives. Founded in 2010 and headquartered in Vienna, Virginia, Blu Venture Investors combines capital with active mentorship from experienced operators to help early-stage companies scale.

Eric Adler

Principal

Bikram Bakshi

Partner

Lily Bengfort

Partner

Keith Bozeman

Principal

Joe Callanan

Partner

Michael Denning

Partner

Benjamin Ebenezer

Principal

Bill Fields

Venture Partner

Deb Fitzgerald

Partner

J.S. Gamble

Principal

Matt Gittleman

Principal

Donya He

Partner

Howard Horowitz

Venture Partner

Pradeep Kaul

Principal

Sassan Kimiavi Ph.D

Partner and Innovations Investment Committee Member

Mike Kostoff

Principal

Pawan Malhotra

Partner and Member of Executive Committee, Cyber Fund Investment Committee and Innovations Investment Committee

PK Malhotra

Principal

Joshua Miller

Associate

Josh Miller

Senior Associate

Kim Nguyen

Partner

Theodore Olsen

Venture Partner

Bob Proctor

Partner

Hal Shelton

Principal

Paul Silber

Principal

Robert Struble

Partner and Cyber Fund Investment Committee Member

Michael Sutton

Principal

Tarun Upadhyay

Partner and Member of Cyber Investment Committee

Pradeep Wahi

Partner

Past deals in Virginia

Ostendio

Series A in 2021
Ostendio develops a cloud‑based security and compliance management platform that helps organizations assess risk, create and manage policies, train employees on security awareness, and monitor continuous compliance across more than 150 security frameworks. The platform, known as MyVirtualComplianceManager, is used by healthcare providers and medical device manufacturers to demonstrate adherence to industry standards and improve overall information security posture. Founded in 2013, the company is headquartered in Arlington, Virginia, with an additional office in Washington, D.C.

ThreatQuotient

Venture Round in 2021
Founded in 2013, ThreatQuotient develops a threat intelligence platform that centralizes management of external sources with internal security solutions. Its platform integrates with various tools for contextual intelligence and automates processes to improve efficiency and effectiveness of security operations.

ThreatQuotient

Debt Financing in 2021
Founded in 2013, ThreatQuotient develops a threat intelligence platform that centralizes management of external sources with internal security solutions. Its platform integrates with various tools for contextual intelligence and automates processes to improve efficiency and effectiveness of security operations.

DeepSig

Series A in 2020
DeepSig Inc. is an innovative company based in Arlington, Virginia, specializing in artificial intelligence-based machine learning software for wireless technologies, including 5G and the Internet of Things (IoT). Founded in 2016, DeepSig focuses on transforming wireless communications by utilizing deep learning to enhance system performance, efficiency, and security in complex environments. Its product offerings include OmniSIG sensor software, which serves as a radio frequency sensing application, and the OmniSIG SDK, a comprehensive tool suite that allows customers to curate RF datasets and train advanced deep learning models for custom applications. Additionally, the company provides OmniPHY communications and OmniPHY-5G, which are designed to optimize radio access network capabilities. By leveraging machine learning to create optimized models from data, DeepSig enables clients to customize and enhance wireless systems effectively.

Ostendio

Seed Round in 2017
Ostendio develops a cloud‑based security and compliance management platform that helps organizations assess risk, create and manage policies, train employees on security awareness, and monitor continuous compliance across more than 150 security frameworks. The platform, known as MyVirtualComplianceManager, is used by healthcare providers and medical device manufacturers to demonstrate adherence to industry standards and improve overall information security posture. Founded in 2013, the company is headquartered in Arlington, Virginia, with an additional office in Washington, D.C.

Atomicorp

Seed Round in 2016
Atomicorp Ltd. is a cybersecurity company established in 2007 and headquartered in Chantilly, Virginia. As a subsidiary of Prometheus Global, Inc., Atomicorp specializes in developing security solutions tailored for cloud, virtual, shared, and dedicated web hosting environments. Their flagship product, Atomic Secured Linux, addresses a wide range of security issues, including site defacement, web application vulnerabilities, and various forms of cyberattacks such as SQL injections and denial of service attacks. The company also provides the Atomicorp GotRoot ModSecurity Rules, enabling users to create web application firewalls. Additionally, Atomicorp offers a repository of security signatures and countermeasures against various threats, ensuring compliance with regulations like PCI-DSS. With a focus on innovation, Atomicorp has pioneered techniques such as "Just in Time" patching, which allows users to secure applications without waiting for official vendor patches. The company serves a diverse clientele, including commercial enterprises and government agencies, and sells its products online.

ThreatQuotient

Series B in 2016
Founded in 2013, ThreatQuotient develops a threat intelligence platform that centralizes management of external sources with internal security solutions. Its platform integrates with various tools for contextual intelligence and automates processes to improve efficiency and effectiveness of security operations.

Shevirah

Convertible Note in 2016
Founded in 2015, Shevirah specializes in designing and developing mobile security testing software. Based in Herndon, Virginia, the company focuses on expanding corporate testing and monitoring to mobility devices, ensuring security policies are in place, applications protect data effectively, and users practice good security hygiene.

ThreatQuotient

Series A in 2015
Founded in 2013, ThreatQuotient develops a threat intelligence platform that centralizes management of external sources with internal security solutions. Its platform integrates with various tools for contextual intelligence and automates processes to improve efficiency and effectiveness of security operations.

ThreatQuotient

Seed Round in 2015
Founded in 2013, ThreatQuotient develops a threat intelligence platform that centralizes management of external sources with internal security solutions. Its platform integrates with various tools for contextual intelligence and automates processes to improve efficiency and effectiveness of security operations.

Senseware

Seed Round in 2015
Senseware, Inc. is a company that develops a facility monitoring and controls platform tailored for the commercial and industrial building market. Founded in 2013 and based in Fairfax, Virginia, Senseware utilizes a modular, plug-and-play wireless sensor system to monitor various mechanical, electrical, environmental, and plumbing systems in real-time. This technology promotes energy efficiency and sustainability by providing building managers and energy consultants with actionable insights through a comprehensive dashboard. The platform includes both hardware and software components that facilitate applications such as energy management, HVAC control, equipment-level asset management, and facility optimization. By enabling the easy connection of new assets and offering a scalable solution, Senseware empowers asset owners and operators to reduce operating costs, achieve sustainability goals, and enhance the overall comfort and productivity of occupants.

ID.me

Series A in 2014
ID.me provides secure identity verification solutions for individuals and businesses across various sectors. It offers services such as identity proofing, authentication, multi-factor authentication, document verification, compliance monitoring, and group affiliation verification. ID.me's platform enables users to prove their identity securely online, access benefits and services, and avail discounts.

ID.me

Convertible Note in 2013
ID.me provides secure identity verification solutions for individuals and businesses across various sectors. It offers services such as identity proofing, authentication, multi-factor authentication, document verification, compliance monitoring, and group affiliation verification. ID.me's platform enables users to prove their identity securely online, access benefits and services, and avail discounts.

ID.me

Venture Round in 2012
ID.me provides secure identity verification solutions for individuals and businesses across various sectors. It offers services such as identity proofing, authentication, multi-factor authentication, document verification, compliance monitoring, and group affiliation verification. ID.me's platform enables users to prove their identity securely online, access benefits and services, and avail discounts.

ID.me

Series A in 2011
ID.me provides secure identity verification solutions for individuals and businesses across various sectors. It offers services such as identity proofing, authentication, multi-factor authentication, document verification, compliance monitoring, and group affiliation verification. ID.me's platform enables users to prove their identity securely online, access benefits and services, and avail discounts.
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