PALO ALTO, Calif.—November 15, 2023—AllegisCyber Capital, the original cyber-focused venture capital firm, is proud to announce that three of its portfolio companies have won, and six were named finalists, of the Black Unicorn Awards for 2023 by Cyber Defense Magazine (CDM). This includes portfolio companies of AllegisCyber and its partner firm, cyber startup foundry DataTribe. 

The term "Black Unicorn" signifies a cybersecurity company that has the potential to reach a $1 billion dollar market value as determined by private or public investment. The Black Unicorn Awards spotlight companies with such remarkable potential in the cybersecurity arena. This recognition across the portfolio of AllegisCyber and DataTribe companies showcases the innovative cybersecurity solutions and market impact of these emerging leaders in the fastest growing sectors of cybersecurity.

“It’s exciting to see so many of our portfolio companies thrive in the market and continue to break through with their technologies,” said Bob Ackerman, Founder and Managing Director, AllegisCyber Capital. “As technology continues to advance in strides, it’s important to continually identify and nurture companies that address the evolving global cyber challenges.”

The named companies represent market-defining technologies and solutions across a broad spectrum of cyber market categories including AI, Identity, Privacy, Fraud, Third Party & Supply Chain, Controls Monitoring, Automation and more. The companies reflect the vision of AllegisCyber to invest and foster a select group of innovative pioneers with AllegisCyber’s unmatched domain expertise and unrivaled operating experience to bring their portfolio companies an unfair competitive advantage.

Black Unicorn Winners 2023

Conceal (Allegis): AI-Powered Secure Browser Extension
CyberGRX - Process Unity (Allegis): Third-Party Exchange 
Panaseer (Allegis): Security Posture Management 
SixMap (DataTribe): Automated Network Management & Defense      

Black Unicorn Finalists 2023

Black Cloak (DataTribe): Digital Executive Protection
CallSign (Allegis): Fraud Prevention, Authentication and Intelligence          
Elisity (Allegis): Identity-Based Microsegmentation          
Enveil (DataTribe): Privacy Enhancing Technology           
Interos (Allegis): Supply Chain Resilience & Risk Management Software              
Signifyd (Allegis): Fraud Protection for Ecommerce Merchants               
SkyHive (Allegis): AI for Global Reskilling           
Synack (Allegis): Continuous Penetration Testing        

To see the complete list of winners for the Black Unicorn Awards for 2023 please visit https://cyberdefenseawards.com/black-unicorn-winners-for-2023/ 

About AllegisCyber Capital

AllegisCyber Capital, based in Silicon Valley and Maryland, has pioneered an integrated cybersecurity investment platform spanning seed to early-growth cybersecurity companies. It's the first venture firm focused exclusively on cybersecurity and data science and has been investing in cybersecurity for more than 15 years in the U.S and select international markets. The AllegisCyber team is replete with venture capital and start-up entrepreneurial veterans. The team has been described in industry press as the "Cyber's Money Men" for its domain expertise and position. Current AllegisCyber investments include Area 1 Security, Callsign, CyberGRX, Dragos, Panaseer, SafeGuard Cyber, Shape Security, Signifyd, Skyhive, Source Defense, Synack, and vArmour. For more information, please visit www.allegiscyber.com.

About Cyber Defense Magazine

Cyber Defense Magazine was founded in 2012 by Gary S. Miliefsky, globally recognized cyber security thought leader, inventor and entrepreneur and continues to be the premier source of IT Security information. We are managed and published by and for ethical, honest, passionate information security professionals. Our mission is to share cutting-edge knowledge, real-world stories and awards on the best ideas, products and services in the information technology industry. We deliver electronic magazines every month online for free, and limited special editions exclusively for the RSA, BlackHat and Cyber Defense Conferences. Learn more about us at http://www.cyberdefensemagazine.com. Cyber Defense Magazine is a proud member of the Cyber Defense Media Group.

Media Contact:

Leslie Kesselring
Kesselring Communications
leslie@kesscomm.com