Paladin Capital Group, a cyber and advanced technology investor, has held the closing of its Cyber Fund II, a $372 million multi-stage fund that invests in cybersecurity startups bringing innovative technologies to market.
The Fund surpassed its initial target of $250 million.
Cyber Fund II will look to deploy capital across a number of high-priority cybersecurity and online safety sectors, including innovative technologies that protect critical infrastructure from cyberattacks and networks from ransomware. Paladin’s unique thesis-driven approach to investing and focus on dual-use technologies enabled the fund to attract a broad group of new and repeat limited partners across the globe.