Congratulations to TFX portfolio company Tidal Cyber on the continued momentum! From their October 28th press release:
“Washington, D.C. – Oct. 28, 2024 – Tidal Cyber, the Threat-Informed Defense company, today announced investments from USAA, one of the leading providers of insurance, banking, investment and retirement solutions to members of the U.S. military, veterans and their families, and Capital One Ventures, a strategic investor in data, technology and financial services startups. The two organizations are investing to help support key product enhancements to Tidal Cyber’s Enterprise Edition platform and to fuel the adoption of Threat-Informed Defense.
“We see these investments from established strategic investors like USAA and Capital One Ventures as a validation of Tidal Cyber’s Threat-Informed Defense approach and the value that we are bringing to some of today’s top companies,” said Rick Gordon, CEO of Tidal Cyber. “These investments will enable Tidal Cyber to continue our rapid growth trajectory and lead the adoption of Threat-Informed Defense globally within all critical infrastructure segments.”
As the company experiences significant market traction, Tidal Cyber will use this investment to accelerate go-to-market activities and product development. This includes expansion of all sales and marketing activities and enhancements to the company’s freely available Community Edition, which supports over 3,000 security professionals globally.
“We have witnessed Tidal Cyber drive the adoption of Threat-Informed Defense since the very early days of the company and have been impressed by the company’s rapid growth. With that up-front perspective, it was a natural decision to invest,” said Nathan McKinley, USAA vice president and head of Corporate Development.”
