Merlin Ventures

Merlin Ventures is a venture capital firm located in Tysons, Virginia, specializing in investments in cybersecurity companies. The firm aims to drive growth and enhance value for software companies within the cybersecurity sector that demonstrate market-leading potential. Merlin Ventures provides essential support to its partners, including infrastructure for market readiness, cybersecurity engineering expertise, and strategic go-to-market resources. The firm targets investments across various sectors, including financial services, healthcare, manufacturing, and retail, with the objective of fostering innovation and strengthening security solutions in these industries.

Almog Golod

Principal

14 past transactions

Clutch Security

Series A in 2025
Clutch Security is a cybersecurity company that specializes in managing and protecting non-human identities within digital infrastructures. Its platform provides comprehensive visibility and lifecycle management for digital credentials, which helps organizations mitigate risks associated with these identities. Additionally, Clutch Security offers features such as incident response, threat detection and analysis, and asset management, enabling businesses to effectively manage security threats and enhance their overall cybersecurity posture. Through its solutions, Clutch Security aims to empower enterprises to respond to security incidents more effectively and safeguard their digital environments.

Tamnoon

Series A in 2024
Tamnoon provides a managed cloud security remediation platform that enhances cloud security and effectively manages threats for businesses. The platform addresses misconfigurations and vulnerabilities identified by Cloud-Native Application Protection Platform (CNAPP) tools. By utilizing a combination of artificial intelligence and human expertise, Tamnoon enables organizations to remediate and prevent security issues within their cloud infrastructure. This approach allows security and development teams to streamline cloud security processes, improving overall cloud posture from initial threat detection through to resolution and prevention.

Sepio

Series B in 2024
Sepio has developed an innovative asset risk management platform focused on protecting organizations from hardware-based attacks. Unlike traditional methods that monitor asset activity, Sepio's solution uses physical layer asset DNA profiling to provide actionable visibility and control over hardware assets. This platform enables security teams to gain comprehensive insight into their infrastructure, regardless of whether it includes IT, OT, or IoT components. With trafficless monitoring, the solution reports the actual assets present within 24 hours, along with associated risk factors, allowing for effective policy enforcement and mitigation of rogue devices. By enabling administrators to define granular usage rules and continuously monitor their hardware assets, Sepio enhances cybersecurity posture and helps organizations manage their assets efficiently and securely.

Clutch Security

Seed Round in 2024
Clutch Security is a cybersecurity company that specializes in managing and protecting non-human identities within digital infrastructures. Its platform provides comprehensive visibility and lifecycle management for digital credentials, which helps organizations mitigate risks associated with these identities. Additionally, Clutch Security offers features such as incident response, threat detection and analysis, and asset management, enabling businesses to effectively manage security threats and enhance their overall cybersecurity posture. Through its solutions, Clutch Security aims to empower enterprises to respond to security incidents more effectively and safeguard their digital environments.

Tamnoon

Seed Round in 2023
Tamnoon provides a managed cloud security remediation platform that enhances cloud security and effectively manages threats for businesses. The platform addresses misconfigurations and vulnerabilities identified by Cloud-Native Application Protection Platform (CNAPP) tools. By utilizing a combination of artificial intelligence and human expertise, Tamnoon enables organizations to remediate and prevent security issues within their cloud infrastructure. This approach allows security and development teams to streamline cloud security processes, improving overall cloud posture from initial threat detection through to resolution and prevention.

Rezonate

Seed Round in 2022
Rezonate is a cybersecurity platform focused on safeguarding cloud identity access to resources and infrastructure. The company aims to prevent and mitigate cyberattacks by identifying, analyzing, profiling, and defending identities, users, and resources within cloud environments in real time. Rezonate's platform offers multi-level protection, proactively optimizing security controls and privileges to prevent identity compromise and privilege abuse. Additionally, it includes reactive monitoring for early threat detection, allowing developers and security teams to detect, investigate, and respond to identity-based threats effectively. This approach helps eliminate opportunities for attackers to breach cloud systems and secure sensitive data and information.

Veriti

Series A in 2022
Veriti is a developer of a unified security posture management platform designed to enhance security while maintaining business continuity. The platform seamlessly integrates with a company's entire security infrastructure, allowing for continuous assessment of its risk posture. By analyzing security configurations, logs, sensor telemetries, and threat intelligence, Veriti enables organizations to proactively monitor potential threats and identify vulnerabilities. This approach allows for actionable remediation strategies to address security gaps and high-risk areas, ensuring that businesses can operate without disruption while effectively managing their security exposure.

Cyclops Security

Seed Round in 2022
Cyclops Security operates a cybersecurity platform designed to strengthen an organization's defenses against evolving cyber threats while protecting valuable assets. The platform integrates data from various cybersecurity solutions, employing AI algorithms to provide meaningful context on vulnerabilities within an organization. This enables security teams to prioritize risks effectively and streamline their response efforts. By enhancing detection, prioritization, and real-time remediation, Cyclops allows SecOps teams to focus on the most critical cybersecurity risks and reduce both mean time to detect (MTTD) and mean time to remediate (MTTR). Overall, Cyclops Security's innovative approach helps organizations navigate the complexities of cybersecurity, making threat management more efficient and effective.

Talon Cyber Security

Series A in 2022
Talon Cyber Security specializes in providing cybersecurity solutions tailored for the distributed workforce, addressing emerging threats associated with hybrid work environments. Its innovative technology enhances security controls to accommodate the growing reliance on cloud services and remote operations. Talon Cyber Security offers a unique secure browser that delivers enterprise-grade protection across both managed and unmanaged devices, independent of location, device type, or operating system. This approach not only fortifies cybersecurity but also promotes productivity and flexibility for businesses navigating the complexities of modern work arrangements.

Cyolo

Series B in 2022
Cyolo specializes in Zero Trust Access solutions that facilitate secure connectivity for both onsite and remote users to authorized assets within organizational networks, cloud environments, IoT systems, and offline networks. The company offers an ID-based connectivity software that enhances access to critical applications while effectively reducing operational security costs. Its platform delivers visibility and self-calibrating insights, allowing IT and security teams to maintain security and productivity amid the challenges posed by a distributed workforce and increasing cyber threats.

Dig Security

Seed Round in 2022
Dig Security is a cloud data security startup focused on providing real-time visibility, control, and protection for data assets. As enterprises increasingly adopt complex environments with various database types across multiple clouds, the challenge of monitoring and detecting data exfiltration and policy violations has intensified. Dig Security addresses this issue with a cloud-native, agentless approach that reinvents data loss prevention through its Data Detection & Response (DDR) capabilities. The platform offers comprehensive cloud data security solutions, enabling businesses to manage cloud data sprawl effectively while maintaining operational efficiency and ensuring robust threat protection for their data in public cloud environments.

Finite State

Series B in 2021
Finite State, Inc. is a cybersecurity company focused on securing Internet of Things (IoT) devices, networks, and supply chains. The company offers a platform that conducts in-depth firmware analysis to identify vulnerabilities that may affect connected devices. This platform generates comprehensive risk reports for each device, detailing an overall risk score, a software bill of materials, known vulnerabilities, potential backdoors, and other security deficiencies. Finite State's services are designed to enhance vulnerability management and threat intelligence for clients in various sectors, including automotive, healthcare, energy, and critical infrastructure. Established in 2017 and headquartered in Columbus, Ohio, the company employs advanced techniques such as static and dynamic analysis, reverse engineering, and machine learning to provide insights into the security posture of IoT ecosystems.

Cyolo

Series A in 2021
Cyolo specializes in Zero Trust Access solutions that facilitate secure connectivity for both onsite and remote users to authorized assets within organizational networks, cloud environments, IoT systems, and offline networks. The company offers an ID-based connectivity software that enhances access to critical applications while effectively reducing operational security costs. Its platform delivers visibility and self-calibrating insights, allowing IT and security teams to maintain security and productivity amid the challenges posed by a distributed workforce and increasing cyber threats.

Sepio

Series A in 2019
Sepio has developed an innovative asset risk management platform focused on protecting organizations from hardware-based attacks. Unlike traditional methods that monitor asset activity, Sepio's solution uses physical layer asset DNA profiling to provide actionable visibility and control over hardware assets. This platform enables security teams to gain comprehensive insight into their infrastructure, regardless of whether it includes IT, OT, or IoT components. With trafficless monitoring, the solution reports the actual assets present within 24 hours, along with associated risk factors, allowing for effective policy enforcement and mitigation of rogue devices. By enabling administrators to define granular usage rules and continuously monitor their hardware assets, Sepio enhances cybersecurity posture and helps organizations manage their assets efficiently and securely.
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