Investor Overview
2017
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Merlin Ventures is the investment arm of Merlin Cyber, a company with over 20 years of success in bringing technologies to market. What makes us unique is our business model. By combining robust infrastructure and capital, onboarding and market readiness acceleration, cybersecurity engineering leadership, and deep-rooted customer and market relationships, we enable our portfolio of cybersecurity companies to rapidly scale and flourish. For enterprise executives, Merlin Cyber is the reliable go-to source where they can evaluate and buy the most advanced and groundbreaking cybersecurity technologies. What makes us tick: Merlin Ventures: Strategic investment in visionary emerging technologies Merlin Labs: Cybersecurity engineering integration, testing, and delivery of disruptive, holistic solutions Merlin Cyber: Sales and marketing go-to-market relationships and expertise
Team (2)
| Name | Title | Board Position(s) | Contact | |
|---|---|---|---|---|
 | ㅤShay Michel | Managing Partner,... | INCRMNTAL | |
 | ㅤSeth Spergel | Managing Partner |
Portfolio (7)
| Company Name | Status | Founded | Sector | Funding ($) | |
|---|---|---|---|---|---|
 | ㅤRezonate | 2022 | $M | ||
 | ㅤCyclops Security | 2022 | $M | ||
 | ㅤDig Security | 2021 | $11M | ||
 | ㅤVeriti | Active | 2021 | $18.5M | |
 | ㅤCyolo | Active | 2019 | Enterprise | $85.2M |
Funding Rounds (8)
| Round | Date | Investors | |
|---|---|---|---|
 | ㅤCyclops Security raises seed | January 2023 | 3 |
 | ㅤVeriti raises $12 million | November 2022 | 4 |
 | ㅤSepio raises series B | October 2022 | 6 |
| ㅤCyolo raises $60 million | June 2022 | 5 |
 | ㅤDig Security raises $11 million | May 2022 | 7 |
Funds (1)
| Fund Name | Date Announced | |
|---|---|---|
 | ㅤMerlin Ventures II | May 2023 |
Co-Investors (22)
| Investor Name | Investor Type | Founded | Portfolio | |
|---|---|---|---|---|
 | ㅤGlilot Capital Partners | Venture Capital | 2011 | 28 |
 | ㅤFlint Capital | Venture Capital | 2013 | 17 |
 | ㅤHanaco Ventures | Venture Capital | 2017 | 27 |
 | ㅤPICO Partners | Venture Capital | 2015 | 14 |
 | ㅤAmiti Ventures | Venture Capital | 2010 | 8 |
