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AllegisCyber

North America, California, United States, San Francisco

Description

AllegisCyber is a specialized venture capital firm based in San Francisco, California, with a dedicated focus on early-stage cybersecurity companies. Since its inception, the firm has positioned itself as a key investor in the rapidly evolving digital security landscape, seeking out innovative technologies and visionary entrepreneurs. Their investment mandate spans various critical areas within cybersecurity, including cloud security, data privacy, threat detection, and identity management, addressing the growing demand for robust defensive solutions against sophisticated cyber threats.

The firm has demonstrated a consistent commitment to the cybersecurity sector through its fundraising efforts. AllegisCyber has successfully raised multiple dedicated funds, including AllegisCyber Fund I, II, and III, each reportedly around $100 million. This brings their estimated total assets under management to approximately $300 million, solidifying their capacity to make significant investments in promising startups. This substantial capital base allows AllegisCyber to provide crucial early-stage funding to companies poised for growth.

AllegisCyber's investment approach is characterized by a strategic partnership model, offering more than just capital. They typically target companies at the Seed and Series A stages, with initial investments generally ranging from $1 million to $5 million. Beyond financial backing, the firm leverages its deep industry expertise and extensive network to support portfolio companies in product development, market strategy, and talent acquisition. Their hands-on engagement aims to accelerate the growth and market penetration of their portfolio companies, helping them navigate the complex cybersecurity market and achieve long-term success.

Investor Profile

AllegisCyber has backed more than 115 startups, with 0 new investments in the last 12 months alone. The firm has led 30 rounds, about 26% of its total and boasts 32 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series A, Series C rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, Israel.
  • Strong thematic focus on Software, Security, Cyber Security.
  • Typical check size: $1M – $5M.

Stage Focus

  • Series B (27%)
  • Series A (24%)
  • Series C (21%)
  • Series Unknown (12%)
  • Series D (8%)
  • Series E (3%)
  • Seed (3%)
  • Series F (2%)
  • Post Ipo Equity (1%)

Country Focus

  • United States (96%)
  • United Kingdom (2%)
  • Israel (2%)
  • Switzerland (1%)

Industry Focus

  • Software
  • Security
  • Cyber Security
  • Network Security
  • Enterprise Software
  • Information Technology
  • Mobile
  • Analytics
  • E-commerce
  • Wireless
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does AllegisCyber frequently co-invest with?

CRV
North America, California, United States, Palo Alto
Co-Investments: 7
Kleiner Perkins
North America, California, United States, Menlo Park
Co-Investments: 8
Google Ventures
North America, California, United States, Mountain View
Co-Investments: 8
Granite Ventures
North America, California, United States, San Francisco
Co-Investments: 6
Scale Venture Partners
North America, California, United States, Foster City
Co-Investments: 5
Norwest Venture Partners
North America, California, United States, Palo Alto
Co-Investments: 7
NightDragon
North America, California, United States, San Francisco
Co-Investments: 6
Peninsula Ventures
North America, California, United States, San Mateo
Co-Investments: 5
Menlo Ventures
North America, California, United States, San Francisco
Co-Investments: 9
Intel Capital
North America, California, United States, Santa Clara
Co-Investments: 5

Which angels does AllegisCyber often collaborate with?

Derek Smith
North America, California, United States
Shared Deals: 2
Aviram Jenik
Asia, Seoul-t'ukpyolsi, South Korea, Seoul
Shared Deals: 1
NP
North America, California, United States, San Mateo
Shared Deals: 1
JK
North America, Pennsylvania, United States, Philadelphia
Shared Deals: 1
Dave DeWalt
North America, California, United States, San Francisco
Shared Deals: 1
Shared Deals: 1
Derek Smith
North America, California, United States, San Diego
Shared Deals: 2
EK
North America, California, United States, San Francisco
Shared Deals: 1
TE
North America, California, United States, San Francisco
Shared Deals: 2
SK
North America, New York, United States, New York
Shared Deals: 1

What are some of recent deals done by AllegisCyber?

Elisity

San Jose, California, United States

Elisity Cognitive Trust is a new security paradigm that combines Zero Trust Network Access and an AI-enabled Software Defined Perimeter.

Artificial Intelligence (AI)Cyber SecurityInformation TechnologyNetwork SecuritySoftware
Series BApr 29, 2024
Amount Raised: $45,000,000
Vicarius

New York, New York, United States

Vicarius develops a vulnerability remediation platform to help teams protect their apps and assets against software exploitation.

B2BCloud SecurityCyber SecurityEnterpriseEnterprise SoftwareSoftware
Series BJan 17, 2024
Amount Raised: $30,000,000
Source Defense

Be'er Sheva, HaDarom, Israel

Source Defense provides websites with prevention technology for attacks of third-party origin.

Cyber Security
Series BApr 26, 2022
Amount Raised: $27,000,000
Vicarius

New York, New York, United States

Vicarius develops a vulnerability remediation platform to help teams protect their apps and assets against software exploitation.

B2BCloud SecurityCyber SecurityEnterpriseEnterprise SoftwareSoftware
Series AFeb 9, 2022
Amount Raised: $24,000,000
Dragos

Hanover, Maryland, United States

Dragos is an industrial cybersecurity company that detects and responds to threats in industrial control systems.

Cyber SecurityNetwork SecuritySecurity
Series DOct 28, 2021
Amount Raised: $200,000,000
SkyHive

Palo Alto, California, United States

A Skill Passport for every person on the planet

AnalyticsArtificial Intelligence (AI)Enterprise SoftwareMachine LearningNatural Language ProcessingSaaSSkill AssessmentSoftware
Series BOct 20, 2021
Amount Raised: $40,000,000
Elisity

San Jose, California, United States

Elisity Cognitive Trust is a new security paradigm that combines Zero Trust Network Access and an AI-enabled Software Defined Perimeter.

Artificial Intelligence (AI)Cyber SecurityInformation TechnologyNetwork SecuritySoftware
Series AJun 15, 2021
Amount Raised: $26,000,000
Panaseer

London, England, United Kingdom

Panaseer helps businesses make informed, risk-based security decisions.

Big DataCyber SecurityEnterprise SoftwareInformation Technology
Series BMay 11, 2021
Amount Raised: $26,500,000
SafeGuard Cyber

Charlottesville, Virginia, United States

SaaS security platform for critical cloud apps such as Microsoft Teams, Slack, Zoom, Salesforce, and social media.

Cyber SecurityInformation TechnologyRisk ManagementSaaSSecurity
Series CApr 12, 2021
Amount Raised: $45,000,000
DeepSee.ai

Draper, Utah, United States

DeepSee.ai is an AI-powered Knowledge Process Automation company.

Artificial Intelligence (AI)Data Center AutomationMachine Learning
Series AMar 15, 2021
Amount Raised: $22,600,000