We are pleased to announce overwhelming investor support for another successful financing completed this month. Several early stage venture funds participated in the financing, in addition to high net worth, successful business leaders from across the U.S.
Our Story and the Financing
Mission Secure's largest financing to date will further our journey to protect control systems from cyber attacks in defense, oil & gas, power and transportation. The original concepts began in 2010 borne out of requests from the U.S. Department of Defense to identify cyber attacks on weapons systems and weapons platforms and still be able to carry out the mission - cyber resiliency. The University of Virginia began researching the topic leading to early prototypes for autonomous vehicles and various military applications. Successful entrepreneurs with proven track records taking novel technology and commercializing it for homeland security, public safety and clean energy co-founded Mission Secure in the summer of 2014 with the original UVA research team.
Three initial funding rounds enabled development of a unique, patented, industrial grade, military hardened product, the MSi Platform, combining unprecedented cyber visibility and protection. The funding brought together a world class team of cyber, control system, military and industry experts and deployments at early adopters in defense and industry. This fourth round of funding will facilitate continued rapid growth and expansion to protect control systems and the assets they operate in defense, energy and transportation. Early stage venture groups, Blue Bear Capital, the University of Virginia Licensing and Ventures Group Seed Fund, and Jaffray Woodriff, Charlottesville hedge fund manager, through his family office, Felton Group, LLC, participated in the financing and bring strong expertise and contacts in energy, technology, data science and the venture capital and private equity communities.