Security News > 2020 > February > ForgePoint Capital Announces $450 Million Cybersecurity Investment Fund
Cybersecurity focused venture investor ForgePoint Capital has closed its second fund with $450 million in capital commitments, the firm said Wednesday.
Formerly known as Trident Capital Cybersecurity, San Mateo, Calif.-based ForgePoint has more than 40 cybersecurity investments in its portfolio and $750 million under management.
According to ForgePoint, Fund II is the largest fund dedicated exclusively to cybersecurity, and will focus on areas including cyber intelligence, privacy, security services and infrastructure protection.
"While some venture firms include cybersecurity as an investment theme, our team has a singular focus on the market, driving unparalleled domain expertise and insights into emerging industry trends," said Don Dixon, Co-Founder and Managing Director.
The investment firm has built an advisory council comprised of 60 experts that includes entrepreneurs, CEOs of private and public cybersecurity companies, CISOs of large enterprises and former government security leaders.