SYN Ventures, a venture capital firm backing cybersecurity startups, has closed a $300m fund.
According to Security Week, SYN Ventures – which has already invested in more than a dozen security-focused startups – said the new fund will be used to target investments in cybersecurity, industrial security, national defence, privacy, data governance firms and regulatory compliance.
Some of the SYN’s investments include Adlumin, Halcyon, Matabase Q, Netography, Pangea, Boldend, Query.ai, SecZetta, Sevco Security, Shiftleft, TrackerDetect, SynSaber, Transmit Security and Revelstoke.
Security Week noted the news of SYNs $300m fund comes a few weeks after Israel’s YL Ventures announced its own $400M fund that will be used to lead seed-stage rounds of around 10 startups at a pace of 3 startups per year.
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