Paladin Capital Group

Paladin Capital Group is a leading global investor that supports and grows the world’s most innovative companies through venture investment, expansion, and growth capital. Paladin is a leader in investing in technologies, products, and services focused on dual use in both commercial and governmental markets with a strong value-add culture. The Paladin team merges financial expertise with national security and technical competence to add value across a wide array of market sectors and company stages. Paladin is focused on being an active investor—bringing decades of experience, advice, access, and relationships to its portfolio companies. Their most recent fund focuses on digital infrastructure resilience, investing globally in advanced technologies and solutions which enable, monitor, manage, and defend critical infrastructure that is dependent on cyber space. The firm is headquartered in Washington, DC, with offices in New York City, Silicon Valley, London, and Luxembourg.

Philip Eliot

Venture Partner

Ken Minihan

Managing Director

Kenneth Pentimonti

Principal and European Manager

Christopher Steed

Chief Investment Officer

Mourad Yesayan

Managing Director

Thomas Clute

Senior Vice President

Past deals in GovTech

Insane Cyber

Seed Round in 2024
Insane Cyber is an industrial cybersecurity company that employs automation to protect critical infrastructure and operations in energy, data centers, government, oil and gas, and other industries.

Nisos

Series B in 2022
Nisos is a managed intelligence and investigations firm based in Alexandria, Virginia, founded in 2015. It offers technology-enabled services aimed at enhancing cybersecurity and investigation capabilities. The firm addresses critical issues such as platform abuse, supply chain integrity, and nation-state-level hacking through its innovative platform. Nisos provides a range of services, including reputation and asset protection, adversarial attribution, incident response, valuation, due diligence, threat detection, and mitigation. By doing so, it enables clients to safeguard their assets, make informed decisions, and maintain their competitive position in an increasingly hostile market landscape.

Shadow Networks

Venture Round in 2015
Shadow Networks is a privately-held company that provides wireless internet service, cybersecurity, web designing, and hosting services. The company led by an experienced management team comprising former executives from networking and security leaders like Cisco, McAfee, Symantec, as well as top government research labs. They building a new generation of Active Threat Deception™ security solutions designed to combat today’s most dangerous and pervasive threats on Enterprises, Service Providers, and Government networks. Shadow Networks’ solutions will detect and mitigate a large number of new sophisticated attacks on enterprise and government networks; in particular, they targeting Advanced Persistent Threats (APTs) that have proven extremely vexing for existing security solutions–many of them are not caught today despite organizations spending over $9B on overall network security. With a proven foundation based on over 5 years of Government-funded research, and with technologies already deployed and proven at the US Department of Defense and other government agencies, the Shadow Networks platform aims to change the economics for APT attacks and turn the tables on attackers.

Shadow Networks

Series A in 2014
Shadow Networks is a privately-held company that provides wireless internet service, cybersecurity, web designing, and hosting services. The company led by an experienced management team comprising former executives from networking and security leaders like Cisco, McAfee, Symantec, as well as top government research labs. They building a new generation of Active Threat Deception™ security solutions designed to combat today’s most dangerous and pervasive threats on Enterprises, Service Providers, and Government networks. Shadow Networks’ solutions will detect and mitigate a large number of new sophisticated attacks on enterprise and government networks; in particular, they targeting Advanced Persistent Threats (APTs) that have proven extremely vexing for existing security solutions–many of them are not caught today despite organizations spending over $9B on overall network security. With a proven foundation based on over 5 years of Government-funded research, and with technologies already deployed and proven at the US Department of Defense and other government agencies, the Shadow Networks platform aims to change the economics for APT attacks and turn the tables on attackers.

CyberCore Technologies

Venture Round in 2011
CyberCore Technologies LLC is a provider of information communications and technology (ICT) services, offering managed and professional services to government and commercial clients. Founded in 2000 and based in Elkridge, Maryland, the company specializes in procuring, integrating, configuring, testing, and deploying a range of ICT products and mission-critical systems. Its managed services encompass initial setup, infrastructure management, troubleshooting, and incident resolution for various devices, operating under a firm-fixed price model. The professional services include software engineering, IT service delivery, help desk support, vulnerability assessments, systems engineering, and cybersecurity. CyberCore Technologies also focuses on secure supply chain management, assisting clients in planning and executing effective technology strategies. The company maintains a strategic partnership with HP and supports numerous long-term engagements across various government departments and commercial organizations.

Neohapsis

Series B in 2010
Neohapsis provides mobile and cloud security services to enterprises and government agencies. It offers application security services, including application assessment, architecture design assessment, threat modeling, secure software development lifecycle assessment, and product security assessment; and cloud security services, including rapid secure cloud application deployment, cloud application assessments, cloud data compliance, and cloud infrastructure assessment. It also assists clients with various compliance requirements, including payment card industry data security standard, the U.S. state data protection and data privacy, HIPAA/HITECH, NERC CIP, and DIACAP. In addition it provides IT risk management and governance, third-party risk management, cloud computing strategy, mobile security, and on-site advisory; mobile application, mobile infrastructure, mobile device security, mobile strategy, policy, and risk management services; and network and endpoint security services, including network archite...

Digital Bridge Communications Corp.

Series B in 2008
Founded in late 2005, DigitalBridge Communications (DBC) provides broadband wireless to small and medium-sized communities of up to 150,000 people nationwide through the new WiMAX technology standard. In June 2007, DBC launched the first commercial WiMAX system in the United States in Rexburg, Idaho. Our strong, growing business benefits from the low-capital costs of WiMAX deployments and its high subscriber self-install rates. Building on the advantages of WiMAX economics, DBC has developed a highly scalable network deployment and variable-cost based back office platform that will enable us to bring broadband to communities nationwide. DBC is also committed to working with communities and schools to make high speed services available to local residents and students. We look forward to becoming an integral part of each community that we serve. We also expect to create partnerships with universities similar to our relationship with Ball State University in Muncie, Indiana. In January, 2007, Ball State University and DBC partnered to test licensed WiMAX self-install equipment. The test deployment was one of the first in the U.S. Since then, the collaboration continues to create the technical and business models needed to deliver WiMAX wireless broadband services profitably to traditionally underserved markets in Indiana and across the country.

CloudShield Technologies

Series D in 2007
CloudShield Technologies, Inc. specializes in deep packet processing (DPP) solutions that enable organizations to manage and secure network traffic effectively. Their offerings include a range of advanced platforms, such as the CloudShield CS-4000, which enhances network security by addressing vulnerabilities in standard servers, and the CloudShield PN41 module, designed for IBM BladeCenter, which provides protection against advanced malware and facilitates flexible traffic management. The CloudShield CS-2000 serves as a content processing platform that supports various simultaneous network security applications. Additionally, the company provides a trusted cyber solution orchestrator for integrating multiple security solutions, a DNS defender to mitigate specific DNS attacks, and Salient Assure6 for monitoring IPv6 traffic. Beyond its hardware and software solutions, CloudShield also offers cyber security training and application development services. Founded in 2000 and based in Sunnyvale, California, CloudShield operates as a subsidiary of Lookingglass Cyber Solutions, LLC. Their technology supports clients across North America, Europe, and Asia, including significant federal government customers.

Neohapsis

Venture Round in 2007
Neohapsis provides mobile and cloud security services to enterprises and government agencies. It offers application security services, including application assessment, architecture design assessment, threat modeling, secure software development lifecycle assessment, and product security assessment; and cloud security services, including rapid secure cloud application deployment, cloud application assessments, cloud data compliance, and cloud infrastructure assessment. It also assists clients with various compliance requirements, including payment card industry data security standard, the U.S. state data protection and data privacy, HIPAA/HITECH, NERC CIP, and DIACAP. In addition it provides IT risk management and governance, third-party risk management, cloud computing strategy, mobile security, and on-site advisory; mobile application, mobile infrastructure, mobile device security, mobile strategy, policy, and risk management services; and network and endpoint security services, including network archite...

Application Security

Series C in 2006
Application Security, Inc. specializes in providing database security, risk, and compliance solutions for enterprises across various sectors, including government, banking, healthcare, and manufacturing. The company offers two primary products: DBProtect, a comprehensive managed solution for database security that includes scanning, vulnerability assessment, and activity monitoring, and AppDetectivePro, a network-based tool that identifies database applications and assesses their security posture. These products help organizations uncover critical configuration errors, access control issues, and vulnerabilities that could lead to data breaches or service disruptions. By extending existing data protection measures to databases, Application Security, Inc. enables organizations to enhance their security and compliance efforts. The company has established strategic partnerships with leading technology firms to bolster its offerings. Founded in 2001 and headquartered in New York, the firm also maintains offices in North America and the United Kingdom.

VistaScape

Series E in 2005
VistaScape is a developer for government and commercial high-value asset protection. VistaScape Security Systems is changing the perspective and expectations of security solution users by replacing traditional human detection and error with consistent computer intelligence and analysis.

CloudShield Technologies

Series C in 2005
CloudShield Technologies, Inc. specializes in deep packet processing (DPP) solutions that enable organizations to manage and secure network traffic effectively. Their offerings include a range of advanced platforms, such as the CloudShield CS-4000, which enhances network security by addressing vulnerabilities in standard servers, and the CloudShield PN41 module, designed for IBM BladeCenter, which provides protection against advanced malware and facilitates flexible traffic management. The CloudShield CS-2000 serves as a content processing platform that supports various simultaneous network security applications. Additionally, the company provides a trusted cyber solution orchestrator for integrating multiple security solutions, a DNS defender to mitigate specific DNS attacks, and Salient Assure6 for monitoring IPv6 traffic. Beyond its hardware and software solutions, CloudShield also offers cyber security training and application development services. Founded in 2000 and based in Sunnyvale, California, CloudShield operates as a subsidiary of Lookingglass Cyber Solutions, LLC. Their technology supports clients across North America, Europe, and Asia, including significant federal government customers.

CloudShield Technologies

Series C in 2004
CloudShield Technologies, Inc. specializes in deep packet processing (DPP) solutions that enable organizations to manage and secure network traffic effectively. Their offerings include a range of advanced platforms, such as the CloudShield CS-4000, which enhances network security by addressing vulnerabilities in standard servers, and the CloudShield PN41 module, designed for IBM BladeCenter, which provides protection against advanced malware and facilitates flexible traffic management. The CloudShield CS-2000 serves as a content processing platform that supports various simultaneous network security applications. Additionally, the company provides a trusted cyber solution orchestrator for integrating multiple security solutions, a DNS defender to mitigate specific DNS attacks, and Salient Assure6 for monitoring IPv6 traffic. Beyond its hardware and software solutions, CloudShield also offers cyber security training and application development services. Founded in 2000 and based in Sunnyvale, California, CloudShield operates as a subsidiary of Lookingglass Cyber Solutions, LLC. Their technology supports clients across North America, Europe, and Asia, including significant federal government customers.

VistaScape

Series D in 2004
VistaScape is a developer for government and commercial high-value asset protection. VistaScape Security Systems is changing the perspective and expectations of security solution users by replacing traditional human detection and error with consistent computer intelligence and analysis.

ClearCube

Series D in 2003
ClearCube Technology specializes in centralized and virtualized computing solutions, having pioneered the industry with the invention of the blade PC. The company provides a comprehensive range of specialized PCoIP desktop zero clients, which connect to optimized compute and storage host platforms tailored for different user needs, including both task-oriented and highly specialized engineering applications. ClearCube's product offerings include secure zero clients with integrated security features, designed for seamless compatibility with VMware Horizon virtualization products. Their solutions are widely adopted across various sectors, including federal agencies, healthcare, and finance, where they are valued for their ability to enhance security and reduce costs in centralization and virtualization efforts. ClearCube's commitment to meeting diverse IT requirements is further exemplified through their provision of ready-to-ship VDI endpoints and customizable hardware, ensuring optimal performance and expert support for businesses across multiple industries.
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