/Investor DB

NightDragon

Venture capitalActively deploying

San Francisco · Growth · 17 people tracked

Also known as NIGHTDRAGON MANAGEMENT COMPANY, LLC

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Investment thesis

NightDragon focuses on the SecureTech sector, seeking out companies solving real-world challenges across defense, quantum computing, autonomous and dual-use systems, cybersecurity, artificial intelligence, and national security. The firm both invests in and advises leading, mission-driven companies, and supports them through its NightScale platform, which drives value and growth in areas such as talent, go-to-market, marketing, and government services. Portfolio companies gain access to a community of top industry advisors, partners, and leaders drawn from ex-government backgrounds, Fortune 100 companies, and strategic go-to-market partners. The firm applies decades of strategic operating experience to help companies scale.

Source: firm website, verified Sep 29, 2026.

Stage
Growth
HQ
San Francisco, California, US
Instruments
Equity
Founded
2018
Last 12 months
5 investments
AUM
$750M
VC funds
3
Tracked investments
31
Unicorns
4
IPOs
1
Acquisitions
3

Team · 17 people

from the firm's website & public directories
Jim Rabuck· VP, Business Development, National Security and Defensein
Alec Kiang· Senior Associate

Founder mafia

5 people who came through NightDragon went on to found or lead other companies.

What they invest in

from 21 of 31 portfolio companies

AI & Machine Learning ×13Enterprise Software ×11Cybersecurity ×8Data & Infrastructure ×8SaaS ×5Hardware ×4Cloud Computing ×3Deep Tech ×3

HQs:United States×21Israel×1

Who they back

founder profiles across 16 portfolio companies
13%
solo founders
2 of 16 mapped founding teams
29%
repeat founders
of 24 founders with career history
~8 yrs
old at investment
median across 11 dated deals

Founding team size:solo founder×22 founders×73 founders×44+ founders×3

Where their founders studiedfrom 22 founders with education data

The Hebrew University of Jerusalem ×3Purdue University ×2Tel Aviv University ×2

What their founders studiedfrom 19 founders with field-of-study data

Engineering ×9Computer Science ×4Finance & Accounting ×3Physics ×3Mathematics & Statistics ×2

Where their founders worked beforefrom 24 founders with career history

8VC ×2Blue Origin ×2IBM ×2NASA Jet Propulsion Laboratory ×2United States Air Force ×2

3 founders hold a PhD · 3 hold an MBA (of 21 with degree data)

Investments · 31 tracked

founders shown can be your intro path

By year:2026 · 42025 · 22024 · 22022 · 52021 · 22020 · 22018 · 22015 · 120 dated

HawkEye 360he360.comNYSE: HAWKSeries C · Jan 2026 · $55M

Cyber Fund III portfolio company that completed an initial public offering.

Herndon, US

Christopher Bradley DeMay(Executive Officer)Jaye Alison Alfers(Executive Officer)Simon Mark Davidson(Director)John Sheldon Serafini(Executive Officer, Director)inArthur Lewis Money(Director)David Farnsworth(Director)

Board seatDavid G. DeWalt· per SEC Form D

Co-investorsAlumni VenturesCenter15 CapitalGula Tech AdventuresHemisphere Ventures LLCIceNineManhattan Venture Partners+15 more

JASK Autonomous Security Platformjask.comin𝕏Jun 2018SEC filingmedium confidence

Provides an AI-powered SIEM and security analytics platform that automates alert triage, threat detection, and incident investigation through log analytics.

AI & Machine LearningCybersecurityData & InfrastructureAustin, US

Gregory Martin(Executive Officer, Director)

Board seatDave DeWalt· per SEC Form D · $34M raise · filed Oct 2019

Co-investorsDnx Venturesfama Ventures, LLCKleiner PerkinsTen ElevenDell Technologies Capital

Armadaarmada.netinMay 2026 · $230M

Armada provides a data and AI-driven platform called PRO® that offers real-time visibility and orchestration of supply chain operations, including demand forecasting, stockout prevention, promotion management, and food safety compliance for enterprises managing complex logistics networks.

AI & Machine LearningData & InfrastructureEnterprise SoftwareFoodTechLogistics & Supply ChainSaaSPittsburgh, US

Co-investorsCedar Mundi Ventures8090 IndustriesBlackRockFelicis VenturesFounders FundLux Capital+5 more

Armada AIarmada.aiinMay 2026

Armada develops edge computing and AI solutions for industrial applications.

AI & Machine LearningCloud ComputingData & InfrastructureDeep Tech

Dan Wright(Founder)inJon Runyan(Founder)inPradeep Nair(Founder)in

Co-investors137 Ventures515 VenturesArtisanal VenturesBalerion Space VenturesCollaborative FundCollective Liquidity+27 more

BehavioSecbehaviosec.cominSeries B · Jan 2018 · $18Macquired by LexisNexis Risk Solutions · May 2022

BehavioSec provides behavioral biometrics and analytics that silently collect device and behavioral signals to detect fraud, verify identity and produce risk scores in near real time.

AI & Machine LearningCybersecurityFintechPalo Alto, US

Neil Costigan(Founder)inOlov Renberg(Founder)inKristofer Nyberg(Founder)Kristofer Nygren(Founder)Peder Nordström(Founder)

BoardJosh Pouliot(Director)

Co-investorsCisco InvestmentsForgePoint CapitalNorthzoneOctopus VenturesCambridge Innovation Capital

Capella Spacecapellaspace.comin𝕏Series C · Apr 2022 · $97MAcquired

Capella Space designs, builds, and operates synthetic aperture radar (SAR) satellite constellations that provide all-weather, day-and-night Earth observation imagery at sub-0.25m resolution.

Deep TechDefense TechHardwareMedia & EntertainmentSpace TechPalo Alto, US

Payam Banazadeh(Founder)inWilliam Walter Woods(Founder)

BoardWilliam Woods(Founder)Chris Boshuizen(Director)inNabeel Hyatt(Director)in

Co-investorsAlumni VenturesAME Cloud VenturesBlue Ivy VenturesCanaan PartnersCastor VenturesCota Capital+13 more

Classiq Technologiesclassiq.ioin𝕏

Classiq provides software for designing, optimizing, and executing quantum algorithms across multiple hardware platforms with high-level abstraction and control.

Developer ToolsEnterprise SoftwareQuantum Computing

Nir Minerbi(Founder)inAmir Naveh(Founder)inYehuda Naveh(Founder)in

Co-investorsAwz VenturesConnecticut InnovationsEntrée CapitalIN VentureLIP Ventures BoutiqueNeva Sgr.+10 more

Dataminr, Inc.dataminr.comin𝕏Sep 2025

Dataminr provides AI-powered real-time event detection by synthesizing text, images, video, audio, and sensor signals across public data sources.

AI & Machine LearningCybersecurityData & InfrastructureEnterprise SoftwareGovTechImpact & Social GoodNew York, US

Ted Bailey(Founder)inPeter Bailey(Executive Officer)inDaniel O'Connor(Executive Officer)Nella Domenici(Executive Officer)inJeffrey Kinsey(Executive Officer)inJason Edelboim(Executive Officer)in

Co-investors1802 VenturesAdit Ventures Management, LlcAllied Venture PartnersAlpha Square GroupAlumni VenturesBlue Ivy Ventures+27 more

Forterraforterra.comin𝕏Nov 2025 · $238M

Forterra develops autonomous weapons, sensors, and battlefield systems using distributed control networks for defense operations.

AI & Machine LearningDefense TechRobotics

Alberto Lacaze(Founder)inJoseph Putney(Chief Technology Officer)inJosh Araujo(Founder)

Co-investors645 VenturesCollaborative FundCRESCENT COVE CAPITALEnlightenment CapitalGlynn Capital ManagementLitquidity Ventures+11 more

Gaingelsgaingels.com

Gaingels is an investment network that sources deals for its members, who join by agreeing to a membership agreement and completing KYC/AML verification.

FintechImpact & Social GoodNew York City, US

Paul Grossinger(Co-founder & General Partner)inDavid Beatty(Co-founder & Managing Partner)Jennifer Jeronimo(CEO of Gaingels Inc., General Partner)inPeter Steinberg(General Partner)inLorenzo Thione(General Partner)

Co-investorsEvolution VC PartnersFlucas VenturesOssian CapitalACTivate CapitalAutodesk FoundationCraft Ventures+5 more

Horizon3 Aihorizon3.aiin𝕏

Horizon3.ai builds cybersecurity products and solutions.

AI & Machine LearningCybersecurityEnterprise SoftwareSan Francisco, US

Snehal Antani(Founder)inMatthew HartleyinAnthony Pillitiere(Founder)in

BoardIlya Kirnos(Director)inLila Tretikov(Director)inMichael Robinson(Director)in

Co-investorsAcrew CapitalCraft VenturesNew Enterprise Associates (NEA)NewView CapitalQualcomm VenturesRaptor Group+3 more

Human Securityhumansecurity.comin𝕏Oct 2024 · $50M

HUMAN is a cybersecurity company focused on detecting and stopping automated bot attacks and digital fraud.

AdTechAI & Machine LearningCybersecurityEnterprise SoftwareSaaSBrooklyn, US

Ashur Kalb(Executive Officer)Tamer Hassan(Founder)inMichael Tiffany(Founder)inDan Kaminsky(Founder)Ash Kalb(Founder)in

BoardSteven Fredrick(Director)

Co-investors11.2 CapitalCanaan PartnersDCVC (Data Collective)Evolution VC PartnersGrit Capital PartnersGula Tech Adventures+10 more

Ibossiboss.com

San Diego, US

Peter Martini(Executive Officer, Director)Paul Martini(Executive Officer, Director)inJustin Sollenne(Executive Officer)

BoardStephen Kearns(Director)Joel Wecksell(Director)Albert Hugo Martinez(Director)

Co-investorsFrancisco Partners

Immutaimmuta.comin𝕏Jun 2022 · $100M

Immuta provides data access and governance solutions that enable safe, instant provisioning of data at scale for humans and AI systems.

Data & InfrastructureEnterprise SoftwareAnnapolis, US

Steven Touw(Director)inMatthew Carroll(Executive Officer, Director)inMichael Schiller(Executive Officer, Director)

BoardSapan Shah(Director)

Co-investorsConversion CapitalDell Technologies CapitalDrive CapitalGreycroftIntel CapitalMarch Capital Partners+11 more

Interosinteros.aiin𝕏

Interos.ai provides supply chain risk management software that monitors financial, compliance, environmental, cybersecurity, and geopolitical risks across supplier networks using its i-Score metric.

Data & InfrastructureEnterprise SoftwareLogistics & Supply ChainArlington, US

Jennifer Bisceglie(Founder)inTed Krantz(Executive Officer, Director)Theodore Krantz Jr.in

BoardFrank Verdecanna(Director)Phil Venables(Director)inNick Beim(Director)in

Co-investorsAllegisCyber CapitalAlleyCorpBallistic VenturesDeclaration PartnersForgePoint CapitalHakluyt Capital+6 more

Mezmomezmo.comin𝕏Dec 2021 · $50M

Mezmo provides an intelligence layer for production AI that enables platform engineering and SRE teams to deploy reliable AI-powered workflows in production.

AI & Machine LearningCloud ComputingData & InfrastructureDeveloper ToolsEnterprise SoftwareSaaSMiami, US

Lee Liu(Founder)inChris Nguyen(Founder)inTucker Callaway(Chief Executive Officer)in

Co-investorsEmergence Capital PartnersInitialized CapitalKima VenturesMetaplanetPoint Reyes ManagementTranspose Platform Management+12 more

Onapsisonapsis.comin𝕏Oct 2020 · $55M

Onapsis provides cybersecurity solutions focused on protecting enterprise applications, particularly SAP and Oracle systems, across cloud, on-premises, and hybrid environments.

CybersecurityEnterprise SoftwareSaaSBoston, US

Mariano Nunez(Chief Executive Officer)inSadik Al-Abdulla(Chief Product Officer)inDenis Cashman(Chief Financial Officer)inDebi Dowling(Chief Marketing Officer | Chief of Staff)inPaul Kleinschnitz(Chief Revenue Officer)inJuan Pablo Perez-Etchegoyen(Chief Technology Officer)

Co-investors.406 VenturesEvolution Equity PartnersGolub GrowthLLRArsenal Growth EquityLa Caisse

Premisepremise.comin𝕏Sep 2015

Premise provides data-driven market intelligence and geospatial insights by combining machine learning with human intelligence from a global network of contributors.

AI & Machine LearningData & InfrastructureSan Francisco, US

Joseph Reisinger(Founder)David Soloff(Founder)

BoardChamath Palihapitiya(Director)inKarim Faris(Director)inLawrence Summers(Director)

Co-investorsBowery CapitalCommunitas Capital PartnersGV (Google Ventures)Valor Equity Partners8VCAnthemis Venture+3 more

Rapidsosrapidsos.cominSeries C · Sep 2022 · $75M

RapidSOS operates a safety network that connects public safety agencies, enterprises, and consumer/corporate devices to provide critical context and pre-arrival intelligence to emergency responders and 911 dispatchers.

AI & Machine LearningEnterprise SoftwareGovTechNew York, US

Nicholas Horelik(Founder)inMichael Martin(Founder)inNick Horelik(Founder)

BoardDan Nova(Director)Matthew Bozik(Director)

Co-investorsAcrew CapitalAlumni VenturesApax DigitalAvanta VenturesBasecamp FundCity Light+18 more

Rhombus Systemsrhombus.comin𝕏Series C · Jul 2024 · $45M

Rhombus develops cloud-based physical security solutions for enterprises, offering security cameras and related services.

AI & Machine LearningCloud ComputingCybersecurityHardwareSacramento, US

Co-investorsCota CapitalPortfoliaLemnos VCScale Venture Partners

Safeguard Cybersafeguardcyber.cominApr 2021 · $45M

End-to-end solution protecting digital channels from cyber threats and compliance violations.

Co-investorsAllegisCyber CapitalCisco InvestmentsGrotech Ventures

Saronicsaronic.comin𝕏

Saronic builds autonomous surface vessels — including the 180-foot, long-range Marauder — along with Echelon, a command-and-control software layer for planning, simulating and operating single vessels or fleets.

AI & Machine LearningDefense TechHardwareRoboticsAustin, US

Dino Mavrookas(Founder)inRob Lehman(Founder)inVibhav Altekar(Founder)inDoug Lambert(Founder)inPatrick DePriest(Chief Financial Officer)inSoo Cho(Chief People Officer)in

Co-investors1Flourish Capital8VCAdvent InternationalAlpha PartnersAndreessen HorowitzAnti+38 more

Source Defensesourcedefense.comin𝕏Apr 2022 · $27M

Source Defense provides a client-side security platform that detects and prevents digital skimming, Magecart attacks, and threats from third-party JavaScript on websites and payment pages.

CybersecurityEnterprise SoftwareSaaS

Co-investorsAllegisCyber CapitalConnecticut InnovationsGlobal BrainBenhamou Global VenturesCapital One VenturesJerusalem Venture Partners (JVP)+3 more

Starfish Spacestarfishspace.comin𝕏Mar 2026 · $100M

Starfish Space develops Otter, an autonomous satellite servicing vehicle that uses electric propulsion to dock with satellites for life extension and disposal.

Deep TechHardwareSpace TechTukwila, US

Trevor Bennett(Founder)inAustin Link(Founder)in

BoardMorgan Beller(Director)inPeter Ortez(Director)Letitia Long(Director)

Co-investorsACTIVATE CAPITAL PARTNERSAlumni VenturesBooz Allen VenturesCarbonDenver VenturesHypothesis+25 more

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

Social SafeGuard, Inc.ClassiqEpirusHawkeyeIronCircleRhombusThriveDX

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Exits · 4

1 IPOs · 3 acquisitions · showing 3

HawkEye 360NYSE: HAWKBehavioSecacq. by LexisNexis Risk SolutionsIronCircleacq. by Quickstart

Portfolio news

latest coverage across their companies

IPO stake values · per SEC filings

Value of this firm's stake in each portfolio company at its IPO price, from the prospectus principal-stockholder table.

CompanyOwnedIPO priceAt IPOStake value
HawkEye 3609.7%$26.00May 2026$237.9M

Source: SEC S-1 / 424B prospectus filings. Stake value = shares beneficially owned × the initial public offering price, as disclosed — a market value at IPO, not a return multiple (the firm's original cost is not disclosed).

Public market activity · per SEC filings

what is this? ⓘ

2 insider ownership filings (Forms 3/4/5)

at HawkEye 360, Inc. (HAWK)

From the firm's own SEC EDGAR filings — stakes and insider roles in public companies, typically portfolio companies after an IPO. Not a portfolio list published by the firm.

Frequently asked questions

How many investments has NightDragon made?
NightDragon has 31 tracked investments, 4 of which have exited, including 7 dated in the last 24 months.
What stage does NightDragon invest at?
NightDragon invests at the Growth stage.
What sectors does NightDragon focus on?
NightDragon focuses on AI & Machine Learning, Cybersecurity, Defense Tech, Quantum Computing.
Where is NightDragon located?
NightDragon is headquartered in San Francisco, US.
Does NightDragon lead rounds?
NightDragon has led 8 of the 16 rounds where its role is on record.
Who does NightDragon co-invest with?
NightDragon most often shares deals with Alumni Ventures, Manhattan Venture Partners, Strawberry Creek Ventures, among 193 tracked co-investors.
What size deals does NightDragon back?
Across 10 deals with disclosed amounts, NightDragon has joined rounds of $50M – $238M (median $86M).

Media · Podcasts & interviews

featuring the team

NightDragon CEO Dave DeWalt on keeping the world safe

Cohesity · Dave DeWalt

Dave DeWalt, founder and CEO of NightDragon, on how to get a board to buy in on cybersecurity

CyberScoop · Dave DeWalt

NightDragon, CEO, Dave DeWalt

New York Stock Exchange · Dave DeWalt

Dave DeWalt, NightDragon | theCUBE + NYSE: Mixture of Experts

SiliconANGLE theCUBE · Dave DeWalt

Dave DeWalt, CEO of NightDragon Joins NYSE TV

New York Stock Exchange · Dave DeWalt

Dave DeWalt, Founder + Managing Director of NightDragon at RSAC

New York Stock Exchange · Dave DeWalt

Images

NightDragon photoNightDragon photoNightDragon photoNightDragon photoNightDragon photoNightDragon photo

Co-investors · 6

DCVC (Data Collective)

DCVC (Data Collective) is a deep tech venture capital firm that backs entrepreneurs using computational approaches to solve large-scale real-world problems across many industries.

Both backed · 3
$5M – $25M
Cota Capital

Cota Capital is a San Francisco-based technology investment firm that invests in private and public US-based modern enterprise technology companies, offering founders operational expertise, market insights, and an industry network.

Both backed · 3
ForgePoint Capital

ForgePoint Capital is a thesis-driven venture firm investing in early-stage companies in cybersecurity, AI, and infrastructure software.

Both backed · 2
$5M – $50M
Cambridge Innovation Capital

Cambridge Innovation Capital (CIC) is a UK-based venture capital firm backing entrepreneurs in life sciences and deep tech, leveraging its position in the Cambridge science and technology ecosystem.

Both backed · 1
$127K – $12.7M
Business Growth Fund

BGF is a UK and Ireland investor providing minority, patient growth capital and support to entrepreneurial small and medium-sized businesses, from early-stage deep tech and life sciences startups to established scaling companies.

$3.8M – $38M
Vendep Capital

Vendep Capital is a venture capital firm backing AI-native B2B software founders across the Nordics and Baltics, providing capital, operator expertise, and follow-on support.

$105K – $3.1M

Firms observed investing alongside NightDragon, from public investor directories. Shared companies are the overlap with NightDragon's recorded portfolio.

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