Evolution Equity Partners

Evolution Equity Partners, established in 2008 and headquartered in New York, is an international venture capital firm. It invests in exceptional entrepreneurs developing market-leading companies, with a focus on cybersecurity, enterprise software, and consumer-related opportunities. The firm provides significant resources to help portfolio companies expand into international markets. Evolution Equity Partners has invested in notable companies such as AVG Technologies and OpenDNS, and it purchases both primary and secondary shares, investing across multiple stages in North America, Europe, and Israel.

Yuval Ben-itzhak

Partner

Ollie Bone

Vice President, Investment Team

Heather Fraser

CFO and COO

Sylwia Hadaj

Principal

Eduardo Martinez

Vice President

Ash Rathi

Analyst

Stephan Riesen

CFO

Heather Rodriguez

Venture Partner

Richard Seewald

Co-Founder and Managing Partner

Dennis Smith

Co-Founder and Managing Partner

Karthik Subramanian

Partner

Bernhard Vogeli Ph.D

COO and Partner

Austin Walter

Associate

Past deals in Network Security

Pentera

Series D in 2025
Pentera is a leading provider of automated security validation solutions, designed to help organizations assess the integrity of their cybersecurity measures across their entire attack surface. The company's platform enables continuous testing of security systems, identifying vulnerabilities in real-time and at any scale. By evaluating the threat level of an organization’s network on a daily basis, Pentera focuses on various aspects, including infrastructure, network, and human factors. This proactive approach allows businesses to implement timely remediation strategies, effectively closing security gaps before they can be exploited. Trusted by thousands of security professionals and service providers globally, Pentera plays a crucial role in enhancing cybersecurity resilience.

Anvilogic

Series C in 2024
Anvilogic, Inc. is a developer of a cybersecurity detection automation platform that aims to improve threat detection and modernize security operations. Founded in 2019 and based in Palo Alto, California, the company provides a cloud-based content platform that allows security teams to enhance their existing Security Information and Event Management (SIEM) systems without the need for major overhauls. Anvilogic's offerings include a modular detection engine, a repository of curated threat scenarios, and an AI-driven security copilot. By facilitating the integration of a scalable data lake for high-volume data sources, Anvilogic enables clients, including those in banking, aviation, and technology, to streamline threat identification and triage processes, ultimately enhancing detection coverage and reducing operational costs.

Phosphorus Cybersecurity

Series A in 2023
Phosphorus Cybersecurity is an IoT security management and breach prevention platform for the xTended Internet of Things. Designed to secure the rapidly growing and often unmonitored world of Things across the enterprise xIoT landscape, our Unified xIoT Security Management Platform delivers attack surface management across every industry vertical, providing intelligent active discovery and risk assessment, hardening and remediation, and detection and response. It brings enterprise xIoT security to every cyber-physical system in your enterprise environment. With unrivaled IoT Intelligent Active Discovery and risk assessment, Phosphorus automates the remediation of the most significant IoT, OT, IoMT, and IIoT device vulnerabilities – including unknown and inaccurate asset inventory, out-of-date firmware, default credentials, risky configurations, and out-of-date certificates.

Pentera

Series C in 2022
Pentera is a leading provider of automated security validation solutions, designed to help organizations assess the integrity of their cybersecurity measures across their entire attack surface. The company's platform enables continuous testing of security systems, identifying vulnerabilities in real-time and at any scale. By evaluating the threat level of an organization’s network on a daily basis, Pentera focuses on various aspects, including infrastructure, network, and human factors. This proactive approach allows businesses to implement timely remediation strategies, effectively closing security gaps before they can be exploited. Trusted by thousands of security professionals and service providers globally, Pentera plays a crucial role in enhancing cybersecurity resilience.

TrueFort

Series B in 2021
TrueFort Inc. is a cybersecurity company based in Weehawken, New Jersey, founded in 2015. It specializes in real-time application and cloud workload protection solutions, focusing on safeguarding critical applications and infrastructure. TrueFort's flagship product, Fortress, is a behavior-based security platform that employs advanced behavioral analysis, machine intelligence, and automation to create zero trust application environments. This platform addresses multiple security challenges by providing real-time application self-protection and enhanced visibility into enterprise applications. By leveraging existing agents and offering out-of-the-box analytics, TrueFort enables organizations to mitigate risks associated with excessive trust and cyber threats effectively.

SecurityScorecard

Series E in 2021
SecurityScorecard, Inc., founded in 2013 by Dr. Alex Yampolskiy and Sam Kassoumeh, is a leading provider of cybersecurity ratings and continuous monitoring services. The company's platform assesses the cybersecurity strength of third-party vendors and businesses, offering solutions like ThreatMarket, a cloud-based vulnerability search engine, and Score Planner for remediation paths. SecurityScorecard serves Fortune 1000 organizations worldwide, providing tools for vendor risk management, board reporting, and cyber insurance underwriting. Its patented technology rates over a million companies continuously, enabling organizations to identify and mitigate cybersecurity risks across their digital footprint. The company is based in New York, New York.

CounterCraft

Seed Round in 2020
CounterCraft, established in 2015, specializes in advanced cybersecurity solutions, offering a full-spectrum cyber deception and threat hunting platform. Headquartered in London with operations in Madrid, Washington DC, and R&D in San Sebastian, the company serves global Fortune500 clients, including financial institutions, critical infrastructures, governments, and law enforcement agencies. CounterCraft's Threat Deception platform creates controlled synthetic environments, luring attackers into engaging with fake digital assets instead of real systems and data. This proactive approach buys key stakeholders valuable time to respond to evolving threats, while continuously generating relevant threat intelligence. The platform integrates with incident response workflows and proactively mitigates risks from ongoing attacks by reconfiguring defensive systems in real-time.

Arista NDR

Series C in 2020
Awake Security, Inc. specializes in network traffic analysis, providing a platform that autonomously identifies and assesses threats within various network environments. Founded in 2014 and based in Santa Clara, California, the company offers its Awake platform, which leverages machine learning, threat intelligence, and human expertise to analyze vast amounts of communication data. This platform profiles and classifies users, devices, and applications, enabling the detection of malicious intent from both insider and external threats. With capabilities for automated investigation and response, Awake enhances security team productivity by delivering actionable insights rather than mere alerts. Furthermore, the company offers security strategy and advisory solutions, ensuring comprehensive protection across traditional, IoT, and cloud networks. Awake Security operates as a subsidiary of Arista Networks, Inc. as of October 2020.

TrueFort

Series A in 2019
TrueFort Inc. is a cybersecurity company based in Weehawken, New Jersey, founded in 2015. It specializes in real-time application and cloud workload protection solutions, focusing on safeguarding critical applications and infrastructure. TrueFort's flagship product, Fortress, is a behavior-based security platform that employs advanced behavioral analysis, machine intelligence, and automation to create zero trust application environments. This platform addresses multiple security challenges by providing real-time application self-protection and enhanced visibility into enterprise applications. By leveraging existing agents and offering out-of-the-box analytics, TrueFort enables organizations to mitigate risks associated with excessive trust and cyber threats effectively.

SecurityScorecard

Series D in 2019
SecurityScorecard, Inc., founded in 2013 by Dr. Alex Yampolskiy and Sam Kassoumeh, is a leading provider of cybersecurity ratings and continuous monitoring services. The company's platform assesses the cybersecurity strength of third-party vendors and businesses, offering solutions like ThreatMarket, a cloud-based vulnerability search engine, and Score Planner for remediation paths. SecurityScorecard serves Fortune 1000 organizations worldwide, providing tools for vendor risk management, board reporting, and cyber insurance underwriting. Its patented technology rates over a million companies continuously, enabling organizations to identify and mitigate cybersecurity risks across their digital footprint. The company is based in New York, New York.

Arqit Quantum

Funding Round in 2018
ArQit Limited is a cybersecurity company based in London, United Kingdom, specializing in quantum key distribution and encryption technologies. Founded in 2016, the company has developed a platform called QuantumCloud, which employs the unique properties of photons to generate secure symmetric keys for communication between devices. This technology enhances the security of networked communications, safeguarding data against current and future cyber threats, including potential attacks from quantum computers. ArQit's innovative approach allows devices to download a lightweight software agent that facilitates the secure creation of keys in collaboration with other devices. The company primarily generates its revenue from the UK market, focusing on providing cybersecurity services through both satellite and terrestrial platforms.

CounterCraft

Seed Round in 2018
CounterCraft, established in 2015, specializes in advanced cybersecurity solutions, offering a full-spectrum cyber deception and threat hunting platform. Headquartered in London with operations in Madrid, Washington DC, and R&D in San Sebastian, the company serves global Fortune500 clients, including financial institutions, critical infrastructures, governments, and law enforcement agencies. CounterCraft's Threat Deception platform creates controlled synthetic environments, luring attackers into engaging with fake digital assets instead of real systems and data. This proactive approach buys key stakeholders valuable time to respond to evolving threats, while continuously generating relevant threat intelligence. The platform integrates with incident response workflows and proactively mitigates risks from ongoing attacks by reconfiguring defensive systems in real-time.

SecurityScorecard

Series C in 2017
SecurityScorecard, Inc., founded in 2013 by Dr. Alex Yampolskiy and Sam Kassoumeh, is a leading provider of cybersecurity ratings and continuous monitoring services. The company's platform assesses the cybersecurity strength of third-party vendors and businesses, offering solutions like ThreatMarket, a cloud-based vulnerability search engine, and Score Planner for remediation paths. SecurityScorecard serves Fortune 1000 organizations worldwide, providing tools for vendor risk management, board reporting, and cyber insurance underwriting. Its patented technology rates over a million companies continuously, enabling organizations to identify and mitigate cybersecurity risks across their digital footprint. The company is based in New York, New York.

SecurityScorecard

Series B in 2016
SecurityScorecard, Inc., founded in 2013 by Dr. Alex Yampolskiy and Sam Kassoumeh, is a leading provider of cybersecurity ratings and continuous monitoring services. The company's platform assesses the cybersecurity strength of third-party vendors and businesses, offering solutions like ThreatMarket, a cloud-based vulnerability search engine, and Score Planner for remediation paths. SecurityScorecard serves Fortune 1000 organizations worldwide, providing tools for vendor risk management, board reporting, and cyber insurance underwriting. Its patented technology rates over a million companies continuously, enabling organizations to identify and mitigate cybersecurity risks across their digital footprint. The company is based in New York, New York.

SecurityScorecard

Series A in 2015
SecurityScorecard, Inc., founded in 2013 by Dr. Alex Yampolskiy and Sam Kassoumeh, is a leading provider of cybersecurity ratings and continuous monitoring services. The company's platform assesses the cybersecurity strength of third-party vendors and businesses, offering solutions like ThreatMarket, a cloud-based vulnerability search engine, and Score Planner for remediation paths. SecurityScorecard serves Fortune 1000 organizations worldwide, providing tools for vendor risk management, board reporting, and cyber insurance underwriting. Its patented technology rates over a million companies continuously, enabling organizations to identify and mitigate cybersecurity risks across their digital footprint. The company is based in New York, New York.

SecurityScorecard

Seed Round in 2014
SecurityScorecard, Inc., founded in 2013 by Dr. Alex Yampolskiy and Sam Kassoumeh, is a leading provider of cybersecurity ratings and continuous monitoring services. The company's platform assesses the cybersecurity strength of third-party vendors and businesses, offering solutions like ThreatMarket, a cloud-based vulnerability search engine, and Score Planner for remediation paths. SecurityScorecard serves Fortune 1000 organizations worldwide, providing tools for vendor risk management, board reporting, and cyber insurance underwriting. Its patented technology rates over a million companies continuously, enabling organizations to identify and mitigate cybersecurity risks across their digital footprint. The company is based in New York, New York.

Cognitive Security

Series A in 2011
Cognitive Security develops advanced products focused on Network Behavior Analysis (NBA) to combat sophisticated cyber threats, including Advanced Persistent Threats, exploit kits, and various forms of malware. Leveraging research funded by the US Army, the company integrates Artificial Intelligence techniques such as statistical analysis and game-theoretic self-optimization into its security architecture. Their solutions can be deployed as appliances, virtual appliances, or as OEM software modules, ensuring compatibility and ease of integration with existing networks through NetFlow/IPFIX inputs. Cognitive Security primarily serves enterprises and small to medium-sized businesses, providing them with innovative network security solutions.
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