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Brightmind Partners seeks second 250 million dollar cybersecurity fund

New York cybersecurity firm Brightmind Partners is preparing to raise a second $250 million venture fund, according to TechCrunch Venture.

FTMQ Startups, written by our newsroom0 views

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Picture: TechCrunch Venture

Brightmind Partners, a cybersecurity venture capital firm based in New York, is preparing to raise a second fund of approximately $250 million, TechCrunch Venture reported. The firm is led by co-founders Stephen Ward and Gur Talpaz. [1]

Stephen Ward previously served as a Secret Service agent and as the chief information security officer at Home Depot. TechCrunch Venture and TechCrunch both reported that the firm is targeting the same amount as its initial fund. [1][2]

Brightmind Partners closed its debut fund of $250 million late last year. Ward stated that venture investors must be willing to sell portfolio companies on the way up rather than assuming every company will reach an initial public offering. [1]

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In short

  • Brightmind Partners is preparing a second cybersecurity fund of about $250 million.
  • The New York firm was co-founded by Stephen Ward and Gur Talpaz.
  • Brightmind Partners closed its debut $250 million fund late last year.
  • Stephen Ward is a former Secret Service agent and former Chief Information Security Officer at Home Depot.

Sources

Every paragraph above points to the numbered items it rests on. Read the originals here.

  1. [1]The ex-Secret Service agent who flipped a hacker is now raising a second $250M cybersecurity fundTechCrunch Venture, 7h ago (the report this story comes from)
  2. [2]The ex-Secret Service agent who flipped a hacker is now raising a second $250M cybersecurity fundTechCrunch, 7h ago
  3. [3]The Secret Service Got Involved Taking Down Another Roblox Child PredatorKotaku, 9h ago
  4. [4]Secret Service Files: When the Victim Is Branded a PerpetratorHungary Today, 10h ago
  5. [5]Does photo show Trump being carried by Secret Service agents after fainting over GOP midterm losses?Snopes, 2h ago
  6. [6]Secret Service says Pike County woman embezzled $200,000Eyewitness News (WEHT/WTVW), 2h ago

Background

  1. [7]Kingsman: The Secret Service on Wikipedia

Our newsroom writes these reports with the help of software, from the 7 sources listed and nothing else, and checks them against those sources. Facts can still be wrong or move on; the originals are the record. Spotted a mistake? Write to daniel@monsterkong.com.

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Earlier reports of ours on the same people and subjects.

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