Blu Venture Investors

Blu Venture Investors, LLC is a venture capital and private equity firm based in Vienna, Virginia, established in 2010. The firm specializes in seed and early-stage investments, focusing on technology companies across various sectors, including software, cybersecurity, healthcare technology, and digital media. It actively seeks opportunities in disruptive technologies related to materials, chemicals, and biological sciences, as well as solutions for the defense and intelligence communities. Blu Venture Investors typically invests between $0.05 million and $3 million in each funding round and often collaborates with other investment groups for larger financings. The firm prefers to acquire majority stakes and is involved in governance by taking board seats and providing mentorship, leveraging the extensive experience of its investors, who are seasoned executives from diverse industries. Its investment activities primarily target the mid-Atlantic region, including Maryland, Virginia, Washington D.C., and North Carolina.

Bikram Bakshi

Partner, Member of Cyber Investment and Cyber Fund Investment Committees

Lily Bengfort

Partner and Member of Cyber Investment Committee

Benjamin Ebenezer

Managing Principal

Bill Fields

Venture Partner

Deb Fitzgerald

Partner

Donya He

Partner

Howard Horowitz

Venture Partner

Sassan Kimiavi

Partner and Innovations Investment Committee Member

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 Penetration Testing

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.

BreachBits

Seed Round in 2024
BreachBits, Inc. is a Maryland-based company that offers cloud-based security solutions aimed at protecting organizations from cyber attacks. Founded in 2018, BreachBits specializes in providing a simplified software-as-a-service (SaaS) platform that focuses on cyber risk assessment and penetration testing. Utilizing military-grade automation and artificial intelligence, the company's solutions enable continuous monitoring of security threats using hacker tradecraft. This adaptive approach allows businesses to identify and mitigate cyber risks effectively, ensuring compliance with rigorous security standards.

Tidal Cyber

Seed Round in 2022
Tidal Cyber is a developer of a threat-informed defense platform that assists enterprise organizations in optimizing their cybersecurity defenses, operations, and investments. The company provides validated insights that enhance the ability to defend against significant threats, while also facilitating the assessment, organization, and optimization of security measures. By focusing on the behaviors of adversaries that are most relevant to its clients, Tidal Cyber enables organizations to define, measure, and improve their defense capabilities. This approach helps eliminate redundant mitigations and strengthens the overall security posture of its clients.

Shevirah

Convertible Note in 2016
Shevirah, Inc., founded in 2015 and based in Herndon, Virginia, specializes in designing and developing mobile security testing software. The company addresses the challenges posed by the increasing use of mobile devices in the workplace, offering solutions to extend corporate security measures beyond traditional desktop environments. Shevirah's platform enables organizations to assess and ensure the effectiveness of their security policies across various mobile endpoints, including smartphones, tablets, and wearables. The software facilitates penetration testing to evaluate mobile security services, ensuring that data protection systems are robust and that users adhere to good security practices. Notably, Shevirah's testing process requires only a phone number, simplifying the assessment of mobile security postures. The company has received recognition in the tech community, including selection for prestigious startup events and grants, underscoring its innovative approach to cybersecurity in the mobile landscape.
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