TN

Tom Noonan

North America, Georgia, United States, Atlanta

Description

Tom Noonan is a highly respected venture capitalist and General Partner at TechOperators, an Atlanta-based venture firm specializing in early-stage B2B software companies, particularly within the cybersecurity sector. His extensive operational background, most notably as the former chairman, president, and chief executive officer of Internet Security Systems (ISS), provides a unique perspective to his investment approach. Under his leadership, ISS grew into a cybersecurity powerhouse before its acquisition by IBM for an impressive $1.3 billion in 2006, a testament to his strategic vision and execution capabilities. This significant exit underscores his deep understanding of building and scaling successful technology enterprises.

At TechOperators, Noonan leverages his profound industry knowledge to identify and nurture promising startups. The firm typically focuses on seed and Series A rounds, aiming to be the first institutional money in or lead early financing. While specific individual check sizes for Noonan are not publicly detailed, TechOperators generally writes initial checks ranging from approximately $250,000 to $2 million, with the capacity to invest up to $5 million over the lifetime of a portfolio company. This indicates a preference for impactful early-stage investments where their operational expertise can significantly influence growth.

Noonan's investment philosophy extends beyond capital provision; he is known for his hands-on approach, offering strategic guidance, mentorship, and access to his vast network. His experience in navigating the complexities of product development, market penetration, and eventual exit strategies makes him a valuable partner for founders. He actively seeks companies with strong technical teams and innovative solutions that address critical business challenges, especially in areas like enterprise software, cloud infrastructure, and advanced security technologies. His ongoing commitment to fostering technological innovation in the Southeast and beyond solidifies his reputation as a key figure in the venture capital landscape.

Investor Profile

Tom Noonan has backed more than 26 startups, with 0 new investments in the last 12 months alone. The firm has led 2 rounds, about 8% of its total and boasts 4 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United States, Israel, India.
  • Strong thematic focus on Software, Information Technology, Cyber Security.
  • Typical check size: $250K – $2M.

Stage Focus

  • Seed (35%)
  • Series A (35%)
  • Series B (12%)
  • Series Unknown (8%)
  • Pre Seed (8%)
  • Series C (4%)

Country Focus

  • United States (92%)
  • Israel (4%)
  • India (4%)

Industry Focus

  • Software
  • Information Technology
  • Cyber Security
  • Saas
  • Cloud Security
  • Network Security
  • B2b
  • Marketing
  • Productivity Tools
  • Security
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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 Tom Noonan frequently co-invest with?

Kleiner Perkins
North America, California, United States, Menlo Park
Co-Investments: 2
Techstars
North America, Colorado, United States, Boulder
Co-Investments: 2
Atlanta Ventures
North America, Georgia, United States, Atlanta
Co-Investments: 3
Open Opportunity Fund
North America, Georgia, United States, Atlanta
Co-Investments: 2
Knoll Ventures
North America, Georgia, United States, Atlanta
Co-Investments: 3
Industrifonden
Europe, Stockholms Lan, Sweden, Stockholm
Co-Investments: 3
BIP Ventures
North America, Georgia, United States, Atlanta
Co-Investments: 2
Grotech Ventures
North America, Virginia, United States, Vienna
Co-Investments: 2
Techstars Ventures
North America, Colorado, United States, Boulder
Co-Investments: 2
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 2

Which angels does Tom Noonan often collaborate with?

BP
North America, California, United States, Santa Cruz
Shared Deals: 1
LB
North America, California, United States, Sunnyvale
Shared Deals: 3
AG
North America, North Carolina, United States, Chapel Hill
Shared Deals: 1
KR
North America, California, United States, San Francisco
Shared Deals: 1
David Dorman
North America, Georgia, United States, Atlanta
Shared Deals: 3
Shared Deals: 1
AB
North America, New York, United States, New York
Shared Deals: 1
FE
North America, California, United States, San Francisco
Shared Deals: 1
Jevon MacDonald
North America, Nova Scotia, Canada, Halifax
Shared Deals: 1
KP
North America, Georgia, United States, Atlanta
Shared Deals: 2

What are some of recent deals done by Tom Noonan?

Adpipe

Athens, Georgia, United States

Adpipe is a motion-first marketing platform that personalizes, humanizes, and localizes existing customers' brands.

MarketingOnline ForumsSoftwareVideo AdvertisingVideo Editing
Series AJan 18, 2024
Amount Raised: $6,000,000
Pando

Chennai, Tamil Nadu, India

Pando provides an open-market freight management platform that digitises logistics operations.

Consumer SoftwareEnterprise SoftwareFreight ServiceLogisticsSupply Chain ManagementTransportation
Series BMay 3, 2023
Amount Raised: $30,000,000
Speedscale

Atlanta, Georgia, United States

Speedscale allows users to stress test cloud services with real-world scenarios.

Developer APIsInformation TechnologyProductivity ToolsTest and MeasurementUsability Testing
Pre SeedMar 7, 2023
Amount Raised: $9,000,000
Adpipe

Athens, Georgia, United States

Adpipe is a motion-first marketing platform that personalizes, humanizes, and localizes existing customers' brands.

MarketingOnline ForumsSoftwareVideo AdvertisingVideo Editing
SeedMar 1, 2023
Amount Raised: $3,000,000
Somewear Labs

San Francisco, California, United States

Enabling critical communications for the world’s most important organizations

HardwareMobileSatellite CommunicationSoftwareTelecommunications
Series ASep 22, 2022
Amount Raised: $13,700,000
Evident

Atlanta, Georgia, United States

Evident is the global leader in business credentialing with a network of millions of businesses across more than one hundred countries

Cyber SecurityIdentity ManagementInsurTechSecuritySoftware
Series CSep 6, 2022
Amount Raised: $14,000,000
Lumu

Doral, Florida, United States

Lumu is a cybersecurity company that helps enterprises identify and isolate cyber-compromise in real-time.

Business IntelligenceCyber SecurityNetwork SecurityProductivity ToolsSoftware
Series UnknownAug 4, 2022
Amount Raised: $8,000,000
ShardSecure

New York, New York, United States

ShardSecure is a cloud data security software company that specializes in data security and privacy with Microshard technology.

Cloud SecurityInformation TechnologyNetwork Security
Series AMay 25, 2022
Amount Raised: $11,000,000
Polar Security - an IBM Company

Tel Aviv, Tel Aviv, Israel

Automated Cloud Data Security & Compliance - wherever your sensitive data is, however fast developers create it

Cloud SecurityCyber Security
SeedJan 19, 2022
Amount Raised: $8,500,000
Tourial

Atlanta, Georgia, United States

Tourial creates a virtual product marketing, product training, and support platform to deliver product marketing content.

Brand MarketingInformation TechnologyMarketing
SeedJan 12, 2022
Amount Raised: $3,400,000