Trident hires new partner, changes name to ForgePoint Capital

Myrna Soto Partner, Trident Capital Cybersecurity (PRNewsfoto/Trident Capital Cybersecurity)

ForgePoint Capital, previously called Trident Capital Cybersecurity, has bolstered its team with the hire of Myrna Soto.

Soto, who joins as partner, will help identify investment opportunities, advise portfolio companies, participate in due diligence activities, organise the CISO, CIO, CTO community and refine the firm’s investment strategy. She brings more than 25 years of information security and technology leadership expertise to the role and has served in leadership positions at American Express, Royal Caribbean Cruise Lines, Kemper Insurance and MGM Resorts.

“Myrna is a tremendous addition to our team given her demonstrated success managing global cybersecurity and technology risk programs at leading Fortune 500 companies,” said J. Alberto Yepez, co-founder and managing director at Trident Cybersecurity.

“Her broad industry insights, business acumen and experience serving in public company boards will bring invaluable perspective to our investment activities and to the growth of our portfolio companies. Myrna is a champion of diversity and has been recognised multiple times as one of the most powerful women in cybersecurity and most powerful Latinas in business.”

Prior to Trident, Soto was previously senior vice president and global chief information security officer of Comcast Corp., which she joined in 2009.  In this role, she was responsible for the alignment and development of cyber and data security strategies and policies across the entire Comcast enterprise, including Comcast Cable, NBC Universal, Comcast Spectacor and Comcast Platform Services.

Earlier at Comcast, Soto was chief infrastructure and information security officer, responsible for enterprise information and infrastructure security strategy and operations for Comcast Cable.

ForgePoint Capital is a $300m fund exclusively investing in cybersecurity companies. The firm has recently called its name from trident Capital Cybersecurity, however; its mission is the same according to statement on its website.

Its previous investment include deep and dark web unified intelligence platform 4iQ, deception-based threat detection platform Attivo Networks, mobile security provider appthority, cyber-risk analytics provider CyberCube, IoT security platform Mocana, and application and data security platform Prevoty.

Earlier this year, RegTech 100 company BehavioSec, which uses behavioural biometrics to verify and confirm a user’s identity, raised a $17.5m in a Trident Capital-led round.

Copyright © 2018 RegTech Analyst

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