We believe in the power of personal relationships to make big things happen and not just in your business.
Engaging our networks within the cyber community on behalf of our companies is what we do every day. We like to nurture new relationships and share the insights we learn. We are eager to help both those entrepreneurs who are part of our portfolio and those who are just connecting to us in search of guidance. Entrepreneurs know these connections make them more successful and can enable them to scale their companies more quickly. It’s what we know makes us different from other cybersecurity investors.
During our venture careers, our team has made thousands of connections for our entrepreneurs with CISOs, board members, go-to-market partners, integrators, co-investors, the intelligence community and the government.
We know cybersecurity. It’s all we invest in. And we care about making the world a more secure place to live.
Successful connections lead to better outcomes.
Our track record speaks for itself: 35 cybersecurity investments and 17 successful exits. Exits including Solera’s acquisition by BlueCoat in 2013, Qualys’ IPO in 2012, Accertify’s acquisition by American Express in 2010, Sygate’s acquisition by Symantec in 2006 and Signio’s acquisition by VeriSign in 2000. We’ve been successful in cybersecurity through many decades.
Trident is a spin-out of the cybersecurity team from Trident Capital. Trident Capital created two new funds: Trident Capital Cybersecurity and Sunstone Partners. The partners of Trident Capital Cybersecurity and Sunstone Partners intend to continue to work together to drive returns in existing Trident Capital portfolio companies and funds.
Mojo Networks is the global leader in comprehensive cloud Wi-Fi solutions. The company’s award-winning family of products and cloud services combines a true carrier-class multitenant cloud architecture with breakthroughs in Wi-Fi location, user analytics, social engagement, manageability, ease of deployment, and cost effectiveness, as well as Mojo Networks’s longtime top-rated WIPS technology. Mojo Networks’s global customer base includes leading enterprises in the government, financial, technology/telecom, manufacturing, healthcare, retail, and hospitality sectors.
Trident invested in Mojo Networks’s Series A round in May 2004. The investment was based on Trident’s thesis that there is a need for differentiated technology to secure wireless networks against attacks. Prior to investment, Trident helped the company rebrand to Mojo Networks as well as recruit a go-to-market executive team to partner with the founders to scale the business globally.
After the investment, Trident took an active role in helping shape the company direction. They encouraged the company to build a broad patent portfolio, cloud management capabilities, analytic insights, channel relationships and further bolstered the team with a public company COO and CFO.
Today Trident is the largest shareholder after leading the Series B and Series D rounds.
AlienVault is the champion of mid-size organizations that lack sufficient staff, security expertise, technology or budget to defend against modern threats. The company’s Unified Security Management (USM) platform provides all of the essential security controls required for complete security visibility, and is designed to enable any IT or security practitioner to benefit.
AlienVault USM delivers a unified, simple and affordable solution for threat detection and compliance management. It’s powered by the latest AlienVault Labs Threat Intelligence and the Open Threat Exchange.
Trident made an initial investment in the Series B in 2011 and follow-on investments in the Series C and Series D in 2012 and 2013, respectively.
The Trident team was instrumental in helping the company become a global business. Initially, Trident sourced the deal in Madrid and then helped the company move to Silicon Valley. AlienVault knew Trident understood their business and had deep knowledge about the mid-market for security opportunities.
Through the Trident network, and working in tandem with the AlienVault founders, Trident helped recruit a world-class executive team and a Board of Directors in order to establish the company as one of the most innovative and successful private cybersecurity companies in the market today.
The company has received multiple industry awards and recognition. One of these awards is the Technology Pioneer by the World Economic Forum. Most recently the company was nominated as the third hottest company in the Cybersecurity 500 in February 2015, a well-respected directory of the 500 best companies to watch.
Trident is currently the largest shareholder in AlienVault. Trident’s Alberto Yépez is Chairman of the Board of Directors.
BlueCat Networks provides scalable and secure IP Address Management (IPAM) and network intelligence solutions to help organizations manage their devices, applications, networks and cloud environments. BlueCat’s IP address management solution is crucial to today’s enterprise.
Enterprises and government agencies worldwide trust BlueCat to solve real business and IT challenges – from device on boarding for BYOD to network consolidation and modernization to managing and automating virtualization, cloud and the Internet of Things (IoT).
Trident led the company’s Series C in 2011. After investing, Trident partnered with Toronto-based serial entrepreneurs Michael and Richard Hyatt to scale the business into a global leader. Together they recruited Michael Harris as the new CEO of the company in 2013. They are currently working with Mr. Harris to build a public company management team including the CFO, CTO, CMO and some of the EMEA and APAC sales executives.
Today the company has powerful strategic relationships with customers for co-developing innovative analytics and policy-based access control and security solutions.
Trident is the largest institutional investor in BlueCat Networks.
HyTrust is working to secure the next generation datacenter by automating data protection and continuously enforcing security policies and tools that operate private, hybrid and public clouds. HyTrust software helps enterprises increase system availability, reduce the risk of compromise, and ensure compliance to industry standards.
Trident invested in the seed round of HyTrust after learning of the company through a former Trident Capital CEO. The firm then partnered with the entrepreneurs to build a global company. Together with the founders, Trident recruited John De Santis (now a three – time Trident Capital Portfolio Company CEO) to lead the company through its next stage of growth and establish strategic partnerships with VMware, Intel, Fortinet, Cisco, and In-Q-Tel.
The company is expanding globally, and has more than 150 customers and recently closed its Series D round.
Trident is currently the largest investor in HyTrust.
Mocana securely mobilizes enterprise data and protects millions of the smart connected devices that comprise the Internet of Things (IoT). The exponential growth in the number of mobile devices, apps and threats require a platform agnostic security solution to enable the extended enterprise.
Members of the intelligence community referred Trident to Mocana, as they believed Mocana had some of the best standards-based encryption and security technologies in the market.
Trident invested and led the Series D round alongside In-Q-Tel. During its due diligence Trident made introductions that led to new customers, go-to-market partners and new investors including Zurich Financial Group, SAP and GE. Other strategic investors include Symantec, GE and Intel Capital.
Trident partnered with the founders of Mocana to bring an experienced executive team to help commercialize their technology and to expand their global reach.
The company was recognized by the World Economic Forum as a technology pioneer.
Trident is currently the largest institutional investor in Mocana. Trident’s Alberto Yépez is Chairman of the Board.
Qualys, Inc. is the pioneer and leading provider of information security and compliance cloud solutions today and has 7,700+ customers in more than 100 countries, including a majority of the Forbes Global 100.
Trident Capital made a Series B investment in 1998 based on our theses that with increasing cyber threats to the enterprise as well as increased network security requirements under PCI, HIPAA and other regulations, the market for network security compliance software would expand exponentially.
Led by Don Dixon, Trident’s cybersecurity team supported Qualys by assisting with the recruitment of a public board prior to the IPO which included Sandra Bergeron, the former head of acquisitions at McAfee; Jeffery Hank of Intuit; Former Chairman of the Joint Chiefs of Staff Ret. General Peter Pace; Kristi Rogers of Aspen Healthcare Services, and Howard Schmidt, former Cybersecurity Coordinator and Special Assistant to President of United States and CISO for eBay and Microsoft. With Trident’s investment, the company’s customers grew to include Microsoft, DuPont, Novartis, Dow Jones, VeriSign, eBay, and others. Qualys was Trident’s second investment with Philippe Courtot, a serial entrepreneur and Chairman and CEO of Qualys.
The company went public in September 2012 (NASDAQ : QLYS).
Solera Networks, now part of Blue Coat Systems, was the industry’s leading provider of big data security intelligence and analytics for advanced threat protection before it was acquired in 2013.
Trident Capital invested in Solera Networks Series C in July 2010 and Series D January 2012. The investment was based on Trident’s thesis regarding the need for a security solution based on deep intelligence and analytics that would help organizations understand and respond more rapidly to IT security attacks.
From Trident’s contacts in the U.S. intelligence community, the firm learned that Solera, although smaller than its primary competitor, possessed much stronger technology. At the time, Solera had made significant progress with customers in the federal government, but the company needed an investor that could help them expand into the commercial market and create an open platform that could easily deployed and integrate with existing security products deployed at customer premises.
After the investment, the Trident Capital Cybersecurity team took a very active role in helping develop and execute an efficient business model and product roadmap to create a competitive commercial solution; recruit experienced executives; help close significant sales to early adopters, influential customers and establish a customer advisory board.
Solera’s business grew significantly from the time of Trident’s investment in 2010 through its acquisition by Blue Coat Systems. At the time of the acquisition, Trident was the largest institutional investor in Solera.