Blu Venture Investors

Blu Venture Investors is a venture capital investment company that supports early-stage entrepreneurs. Their investors are experienced, successful operating executives with experience in a broad range of industries and business models. Each of their investors has successfully launched new companies, products or services. The company provides initial growth-stage funding and active mentorship to early-stage companies while delivering strong returns for its members and the entrepreneurs they support. Blue Ventures Investors was founded in 2010 and is based in Vienna, Virginia, United States.

Bikram Bakshi

Partner

W. Scott Berg

Founder and President

Keith Bozeman

Partner

Bill Fields

Venture Partner

Deb Fitzgerald

Partner

Matt Hanson

Principal

Donya He

Partner

Howard Horowitz

Venture Partner

Mike Kostoff

Principal

Pawan Malhotra

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

Josh Miller

Senior Associate

Joshua Miller

Senior Vice President

Theodore J. Olsen

Partner

Hal Shelton

Principal

Paul Silber

Founding Principal

Robert Struble

Partner and Cyber Fund Investment Committee Member

Tarun Upadhyay

Partner and Member of Cyber Investment Committee

Past deals in Network Security

ThreatMate

Seed Round in 2025
ThreatMate is a cybersecurity company that focuses on providing a comprehensive platform designed specifically for mid-sized businesses. Founded by a team of experienced entrepreneurs and cybersecurity professionals, ThreatMate aims to protect these organizations from various cyber threats while helping them meet compliance requirements. The platform features inquisitive security capabilities that allow users to identify network vulnerabilities and provide actionable insights to security operations teams and management. By streamlining the cybersecurity process, ThreatMate enables clients to enhance their data protection and achieve a fully secured system, ultimately reducing sales cycles and safeguarding critical organizational information.

Grey Market Labs

Series A in 2024
Grey Market LabsĀ® is a Certified B-Corp founded with the mission to protect digital life. Our Replica Platform powers Secure Environments as-a-Service (SEaaS), making organizations more protected with our patented privacy and Zero Trust approach to security and more productive by increasing access to critical data, tools, and workflows from anywhere. This spans support of Investigations, Industrial IP/Espionage Protections, Open Source and Commercial Data Acquisition, Managed Attribution, Machine Learning, Data Science, Secure DevOps and more. Our experienced commercial engineering talent and public benefit mission combined with our decades long experience supporting the IC/DoD provides a trusted resource for all our customers.

Todyl

Series A in 2022
Todyl, Inc. is a cybersecurity company that develops a comprehensive security platform designed for businesses of all sizes, particularly focusing on managed service providers and mid-market IT professionals. The Todyl Security Platform integrates multiple security solutions, including Secure Access Service Edge (SASE), Security Information and Event Management (SIEM), and endpoint security, into a cloud-native system. This unified platform allows for secure communication across distributed offices, remote employees, and data centers, while providing key features such as secure routing, firewall management, VPN services, intrusion detection, and real-time threat analysis. Todyl aims to simplify cybersecurity by reducing complexity and operational costs, enabling organizations to effectively protect, detect, and respond to cyber threats. Founded in 2015 and headquartered in Brooklyn, New York, Todyl continues to empower its clients with robust security solutions that adapt to modern challenges.

Todyl

Venture Round in 2020
Todyl, Inc. is a cybersecurity company that develops a comprehensive security platform designed for businesses of all sizes, particularly focusing on managed service providers and mid-market IT professionals. The Todyl Security Platform integrates multiple security solutions, including Secure Access Service Edge (SASE), Security Information and Event Management (SIEM), and endpoint security, into a cloud-native system. This unified platform allows for secure communication across distributed offices, remote employees, and data centers, while providing key features such as secure routing, firewall management, VPN services, intrusion detection, and real-time threat analysis. Todyl aims to simplify cybersecurity by reducing complexity and operational costs, enabling organizations to effectively protect, detect, and respond to cyber threats. Founded in 2015 and headquartered in Brooklyn, New York, Todyl continues to empower its clients with robust security solutions that adapt to modern challenges.

MixMode

Series A in 2020
MixMode, Inc. is a cybersecurity firm that specializes in network visibility and predictive threat detection. The company offers an advanced platform that utilizes artificial intelligence to analyze network traffic, identify both known and unknown threats in real-time, and provide insights for incident response. This self-supervised learning solution can be deployed quickly in various environments, including cloud, hybrid, and on-premise systems, without the need for extensive configuration. MixMode's technology enhances the efficiency of Security Operations Center (SOC) teams by automating threat detection and adapting to the unique dynamics of individual networks. The platform is particularly trusted by large enterprises in sectors such as financial services, critical infrastructure, and government. Founded in 2012 and originally known as PacketSled, the company rebranded to MixMode in 2020 and is headquartered in Santa Barbara, California, with an additional office in San Diego.

Threater

Seed Round in 2018
Threater is a cybersecurity platform focused on active network defense, designed to automate the discovery, enforcement, and analysis of cyber threats at scale. The platform offers various solutions that proactively protect organizations from cyber threats by effectively blocking all known threats. This capability enhances the efficiency of existing cybersecurity measures, allowing them to operate more effectively. Threater's innovative approach aims to safeguard organizations against the evolving landscape of cyber threats, thereby improving overall security.

TrackOFF

Seed Round in 2017
TrackOFF, Inc. is a cybersecurity and privacy company based in Baltimore, Maryland, that specializes in software designed to protect users' identities and personal data online. Founded in 2017, the company offers two main products: TrackOFF Standard and TrackOFF Elite. TrackOFF Standard helps users detect and prevent tracking threats, enables private searching, and erases browsing history. In contrast, TrackOFF Elite is intended for use on public Wi-Fi networks, providing features such as location masking and virtual private network (VPN) data encryption. The software also employs advanced techniques to shield users' digital fingerprints from tracking, regularly clears browsing history, and encrypts internet traffic. These measures effectively protect users from hackers, trackers, and identity theft, allowing them to maintain control over their personal data. As of May 31, 2019, TrackOFF operates as a subsidiary of Avast Plc.

PFP Cybersecurity

Series A in 2017
PFP Cybersecurity is a developer of an advanced cyber intrusion detection platform that employs dynamic power behavior analysis to identify threats in hardware and firmware, as well as configuration vulnerabilities. The platform operates both in the cloud and on-premise, continuously monitoring the power behavior of devices and IoT systems across data centers and critical infrastructure. By analyzing power usage data, PFP's technology can detect both active and dormant attacks, providing real-time alerts and facilitating remediation processes, which can occur automatically or with human intervention. This 24/7 monitoring ensures that organizations can swiftly respond to any deviations from authorized operations, enhancing their overall cybersecurity posture.

MixMode

Series A in 2016
MixMode, Inc. is a cybersecurity firm that specializes in network visibility and predictive threat detection. The company offers an advanced platform that utilizes artificial intelligence to analyze network traffic, identify both known and unknown threats in real-time, and provide insights for incident response. This self-supervised learning solution can be deployed quickly in various environments, including cloud, hybrid, and on-premise systems, without the need for extensive configuration. MixMode's technology enhances the efficiency of Security Operations Center (SOC) teams by automating threat detection and adapting to the unique dynamics of individual networks. The platform is particularly trusted by large enterprises in sectors such as financial services, critical infrastructure, and government. Founded in 2012 and originally known as PacketSled, the company rebranded to MixMode in 2020 and is headquartered in Santa Barbara, California, with an additional office in San Diego.

PFP Cybersecurity

Series A in 2015
PFP Cybersecurity is a developer of an advanced cyber intrusion detection platform that employs dynamic power behavior analysis to identify threats in hardware and firmware, as well as configuration vulnerabilities. The platform operates both in the cloud and on-premise, continuously monitoring the power behavior of devices and IoT systems across data centers and critical infrastructure. By analyzing power usage data, PFP's technology can detect both active and dormant attacks, providing real-time alerts and facilitating remediation processes, which can occur automatically or with human intervention. This 24/7 monitoring ensures that organizations can swiftly respond to any deviations from authorized operations, enhancing their overall cybersecurity posture.
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