Paladin Capital Group LLC

05/01/2024 | Press release | Distributed by Public on 05/01/2024 07:07

Insane Cyber Closes $4.2 Million Funding Round

Funding led by Paladin Capital Group will accelerate bringing its innovative Valkyrie and Cygnet solutions to market to protect critical infrastructure

[San Antonio Texas, May 1, 2024] Insane Cyber, a leading innovator in industrial cybersecurity, is proud to announce the completion of a $4.2 million early-stage funding round to propel its mission to protect and defend critical infrastructure and operations through continuous innovation and community partnerships. The round was led by Paladin Capital Group, with strategic investment from a Fortune 200 energy company and participation from Cyber Mentor Fund.

Founded in 2020 by Dan Gunter, Insane Cyber has quickly established itself as an up-and-coming leader in the cybersecurity space, focusing on using automation to protect critical infrastructure and operations in energy, data centers, government, oil and gas, and other sectors.

With a focus on ease of use and automation, the Valkyrie Automated Security platform provides host and network monitoring and automated data analysis, giving users valuable insights into their networks and saving time when incidents occur. Valkyrie can be deployed on-premises via hardware or virtual machine, in the cloud, or a hybrid approach. The Cygnet Flyaway Kit combines the powerful Valkyrie software with a durable, on-the-go solution for incident response.

"Today we are excited to celebrate this milestone in Insane Cyber's story, and we also realize that the path ahead will bring more challenges as we work to provide unique capabilities that empower asset owners to secure critical infrastructure operations," said CEO Dan Gunter. "Both our investors and our customers provide valuable feedback and direction to guide our journey and build a product of global impact. We are extremely grateful for their support."

Insane Cyber fills a critical gap in the industrial cybersecurity industry by providing software and services to counter sophisticated threats to critical infrastructure that go beyond network monitoring and seek to scale defense tasks only delivered in non-scalable professional services today.

"We're proud to support Dan and his team as they take the lead in scaling solutions that meet the most pressing cybersecurity threats in the energy, data center, government, and oil and gas sectors. By funding innovators like Insane Cyber, we can accelerate Paladin's mission to protect and defend our nation's critical infrastructure," said Mourad Yesayan, Managing Director at Paladin Capital Group.

For media inquiries, please contact Samantha Becker ([email protected]).

About Insane Cyber:

Founded in 2020 by Dan Gunter, Insane Cyber has quickly established itself as an upcoming leader in the cybersecurity space, focusing on using automation to protect critical infrastructure and operations in the energy, data center, government, oil and gas, and other sectors. The proprietary Valkyrie Automated Security platform provides proactive and reactive protection for operational technology, leveraging powerful automation to monitor host and network data. Valkyrie is currently trusted by multiple Fortune 200 companies.

About Paladin Capital Group:

Paladin Capital Group was founded in 2001 and has offices in Washington DC, New York, London, Luxembourg, and Silicon Valley. As a multi-stage investor, Paladin's core strength is identifying, supporting, and investing in innovative companies that develop promising, early-stage technologies to address the critical cyber and advanced technological needs of both commercial and government customers.

Combining proven investment experience with deep expertise in global security, cyber technology, and cutting-edge research, Paladin has invested in more than 70 companies since 2008 and has been a trusted partner to investors, entrepreneurs, and governments for over two decades.