VC News | Runtime Ventures focused on cybersecurity
Iron Prairie Ventures makes pre-seed and seed stage investments in start-ups fueling the industrial sector's digital transformation.
Runtime Ventures:
Runtime Ventures, a venture capital fund focused exclusively on seed stage cybersecurity investments, has announced the launch of its debut fund, with a capital commitment of $32 million. Runtime Ventures is dedicated to supporting and nurturing innovative pre-seed and seed stage cybersecurity start-ups.
Runtime Ventures is co-founded by General Partner David Endler, who co-founded cybersecurity start-ups SpyCloud and Jumpshot, and General Partner Michael Sutton, the Founder of StoneMill Ventures and former Chief Information Security Officer of publicly traded security company Zscaler. For decades, these leaders have invested in and launched numerous successful cybersecurity services, products, and companies.
“We’ve chosen to focus on seed stage cyber as it’s what we know and love, having spent decades in the industry building and backing dozens of successful companies. While I know that we have much to offer from our own lessons learned, I’m even more proud of the talent that exists within our LP base. Some of the most successful cybersecurity founders and operators in the world have chosen to back us and they’re anxious to get involved. We’re truly humbled,” said Sutton. “We’re excited to embark on this journey and are committed to fostering the next generation of cybersecurity leaders and innovations.”
Iron Prairie Ventures:
Kansas City, MO-based Iron Prairie Ventures announced it has raised a $15 million fund focused on pre-seed and seed stage investments in start-ups fueling the industrial sector’s digital transformation. The fund will back companies developing innovative solutions across the construction, manufacturing, infrastructure, logistics, and supply chain sectors.
“Now is the perfect time to invest in America’s reindustrialization,” said Founder and General Partner Maggie Kenefake. “The shift towards domestic production, coupled with advances in artificial intelligence (AI) and automation, is creating a once-in-a-generation opportunity for investors. Iron Prairie is uniquely positioned to capitalize on this moment, thanks to our extensive network of industry relationships and a strong understanding of the sector’s challenges and the opportunities needed to revitalize American industry.”
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