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Allegis Capital appoints venture partner

David G DeWalt, the former CEO of publicly held cybersecurity company FireEye, is joining Allegis Capital as a venture partner.

 
Previously, DeWalt served as the CEO of cybersecurity market leader McAfee and held executive positions at EMC.
 
DeWalt, 52, becomes the sixth cyber security executive serving as a venture partner at Allegis, a 21-year-old early stage venture firm that focuses solely on investing in cybersecurity start-ups.
 
DeWalt is a member or leader of a number of boards of directors including ForgeRock, a San Francisco-based multinational identity and access management software company. He is also vice chairman of ForeScout Technologies, a San Jose cybersecurity firm focused on network-connected devices, and a board member of Five9, a San Ramon-based provider of cloud contact center software. Additionally, DeWalt is a director of Delta Air Lines.
 
“Allegis Capital is differentiated by the breadth, depth and experience of our operational cyber bench – our venture partners. These executives bring tremendous domain expertise and broad networks to our investment team and our portfolio companies,” says Robert R Ackerman Jr, the founder and managing director of Allegis Capital. “Dave has operated at the top of the cyber security market for many years and is a superlative addition to an already-impressive group of venture partners. Cyber is a market where you can’t have too much expertise.”
 
“Allegis Capital was the very first cyber-focused venture firm and has invested in a number of top-flight cybersecurity start-ups. The firm’s reputation for rolling up its collective sleeves to support its portfolio companies is a great fit for my experience and interests,” DeWalt says. “This is an excellent opportunity for me to help the firm grow further and to broaden my participation in the fastest-growing space within information technology.”

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