Security News > 2021 > July > SYN Ventures launches debut fund and reveals three investments
SYN Ventures formally launched its debut fund and revealed the firm led Sevco Security's $15 Million Series A round as the first investment in the fund.
SYN invests in transformational early-stage technology companies that can help disrupt the security industry.
The team at SYN Ventures combines decades of operational security experience with investing acumen and a trusted network of CISOs to help entrepreneurs accelerate the growth or their companies to better protect against the ever-evolving cyber threat landscape.
"Cyber has become an existential challenge and a derivative of every major trend in technology," said Jay Leek, Managing Partner at SYN Ventures.
"Security is never 'done'. Security teams are reliant on cutting-edge vendors to help them out-innovate the attacker," said Patrick Heim, Managing Partner at SYN Ventures.
"Tension among business constraints, growing threats, increased regulation, and the rapid evolution of technology creates security gaps that in turn create opportunities for entrepreneurs. It is these opportunities that SYN is targeting. For the next generation of disruptive security companies, nothing substitutes proven operating expertise and networks to achieve clarity of mission and to rise above the industry noise."
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