/Investor DB

Two Bear Capital — 2025 Investments

5 investments dated 2025 · listed companies and verified rows first · show all

Graphiantgraphiant.comin𝕏Series A · May 2025 · $62M✓ verified

Graphiant provides a secure network-as-a-service fabric that unifies multi-cloud and neo-cloud connectivity with consistent segmentation, policy enforcement, and private data paths for AI workloads.

AI & Machine LearningCloud ComputingCybersecurityData & InfrastructureEnterprise SoftwareSan Jose, US

Stefan Olofsson(Founder)inKhalid Raza(Founder)

Co-investorsHarpoon VenturesSequoia CapitalIAG Capital PartnersWa'ed VenturesGaingelsMVP Ventures+2 more

Concealconceal.ioin𝕏Oct 2025 · $26M

Conceal builds browser-based security that moves enforcement into the browser runtime and application layer, binding application access to identity rather than network location.

CybersecurityEnterprise SoftwareSaaSAugusta, US

Craig Whetstone(Executive Officer)inEric Cornelius(Director, Executive Officer)inGordon Lawson(Executive Officer, Director)inRonald Kolson(Executive Officer)

BoardSpencer Tall(Director)inRon Gula(Director)in

Co-investorsAllegisCyber CapitalGula Tech AdventuresRRE Ventures

Gravwellgravwell.ioinOct 2025 · $15.4M

Gravwell is a security data platform that collects, stores, and analyzes unstructured logs and large data volumes in raw format without enforcing predefined schemas.

CybersecurityData & InfrastructureEnterprise Software

Kristopher Watts(Founder)in

Co-investorsGula Tech AdventuresInnosphere VenturesKickstartNext Frontier CapitalRevolution

Gula Tech Adventuresgula.tech𝕏Oct 2025 · $15.4M

Gula Tech Adventures invests in and supports cybersecurity companies, combining venture investments with philanthropy and cyber advocacy.

Cybersecurity

Ron Gula(Co-founder)inCyndi Gula(Co-founder)in

Co-investorsInner Loop Capital

QuSecurequsecure.comin𝕏Feb 2025 · $28M

QuSecure provides a cryptographic management platform that discovers, remediates, and reports on encryption across cloud, on-premises, and legacy systems.

Crypto & Web3CybersecurityEnterprise SoftwareQuantum ComputingSan Mateo, US

Rebecca Krauthamer(Founder)inDave Krauthamer(Founder)in

Co-investorsKickstart InnovationStartXTechstarsAccenture VenturesBand of Angels

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.