A D.C.–area venture capital firm closed a $25 million fund to back cybersecurity startups, according to a report in VentureBeat.
Lavrock Ventures, which is based in McLean, Va., first appeared on local radars in 2016. The firm is led by managing partner Jim Hunt, and general partners Daniel Hanks and Steve Smoot.
According to the VentureBeat report, the firm is looking to invest in companies developing solutions at the intersection of enterprise software, cybersecurity and national security. The firm is investing between $1-3 million in Series A rounds, with the potential to write larger checks through “sidecar vehicles.” It’s already backed Annapolis-based SixGen and New York–based Graphika.
Read the full storyBefore you go...
Please consider supporting Technical.ly to keep our independent journalism strong. Unlike most business-focused media outlets, we don’t have a paywall. Instead, we count on your personal and organizational support.
3 ways to support our work:- Contribute to the Journalism Fund. Charitable giving ensures our information remains free and accessible for residents to discover workforce programs and entrepreneurship pathways. This includes philanthropic grants and individual tax-deductible donations from readers like you.
- Use our Preferred Partners. Our directory of vetted providers offers high-quality recommendations for services our readers need, and each referral supports our journalism.
- Use our services. If you need entrepreneurs and tech leaders to buy your services, are seeking technologists to hire or want more professionals to know about your ecosystem, Technical.ly has the biggest and most engaged audience in the mid-Atlantic. We help companies tell their stories and answer big questions to meet and serve our community.
Join our growing Slack community
Join 5,000 tech professionals and entrepreneurs in our community Slack today!
