To invest in the next wave of transformational cybersecurity companies, SYN Ventures of West Palm Beach announced it has launched a $165 million venture fund. The West Palm Beach-based fund has already begun investing in the red-hot sector.
SYN’s founders have been in the trenches as chief information security officers and other executive positions at some of the world’s largest tech and finance companies for decades. Jay Leek was managing partner and co-founder of ClearSky Security and former Blackstone CISO, and Patrick Heim was partner and CISO for ClearSky Security, former head of security at Dropbox and chief trust officer for Salesforce.com.