# Mission Secure

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mission-secure

- Industry: IT Security/Cybersecurity
- Headquarters: Charlottesville, US
- Website: www.missionsecure.com
- Total disclosed funding: $14M
- Latest round: Series B (Jan 26, 2021)
- Investors on record: 9

## About

Mission Secure, Inc. is a cybersecurity firm specializing in advanced solutions for operational technology (OT) networks to protect critical infrastructure from cyber threats.Founded in 2014 and headquartered in Charlottesville, US, Mission Secure, Inc. provides advanced cybersecurity solutions focused on operational technology. The company was co-founded by Daniel Park, David Drescher, and Rick Jones, with David Drescher currently serving as the CEO. They have successfully closed 7 deals, with the most recent deal occurring on January 26, 2021, during which they raised USD 5.6 mn in Series B funding, co-led by Blue Bear Capital, Chevron Technology Ventures, and Energy Innovation Capital, along with participation from IREON Ventures and UVA Licensing & Ventures Group.Mission Secure specializes in advanced cybersecurity solutions tailored for operational technology (OT) networks, focusing on safeguarding critical infrastructure. Their core offerings include asset and network visibility, policy enforcement, anomaly and threat detection, and signal integrity validation. The platform enables organizations to visualize every asset and network connection within their OT environment, enforce granular Zero Trust policies, and monitor for unauthorized activity across various levels, from foundational signals to cloud connections. Additionally, it provides features for detecting physical process signals that may indicate threats, thereby preventing potential system damage. Mission Secure serves diverse clientele across multiple industries, including chemicals, government, manufacturing, maritime, oil and gas, power, intelligent transportation systems, and water and wastewater management, primarily targeting markets in North America, Europe, and Asia.Mission Secure operates on a business model that encompasses subscription-based services targeting B2B clients in the cybersecurity sector. Clients engage with the company through structured transactions for its flagship platform, which includes tailored solutions such as OT ransomware defense and cyber risk assessments. The transactions typically involve multi-year agreements that allow organizations to implement the cybersecurity platform across their operations, ensuring compliance with industry standards while enhancing their security posture. Revenue generation is further bolstered by partnerships with enterprises that integrate Mission Secure's technologies into their existing systems, emphasizing customized solutions that cater directly to the unique security challenges faced by different sectors within the OT landscape.Looking ahead, Mission Secure plans to leverage the recent Series B funding of USD 5.6 mn raised in January 2021 to support the development of new products designed to enhance their cybersecurity offerings. They are targeting expansion into new geographic regions, with specific plans to increase their footprint in Europe and Asia by the end of 2023. The funding will also facilitate improvements to their existing platform and bolster their sales efforts in these new markets.

## Funding rounds

- Series B, Jan 26, 2021, $5.6M — Chevron Technology Ventures, Energy Innovation Capital, UVA Licensing & Ventures Group, Blue Bear Capital, IREON Ventures
- Series A, Oct 10, 2018, $8M — Chevron Technology Ventures, Macquarie Capital, R/GA Ventures, Energy Innovation Capital, Felton Group, UVA Licensing & Ventures Group, Blue Bear Capital
- Seed, Nov 11, 2014 — The Ballast Fund

## Investors

- The Ballast Fund (https://capitalatlas.ai/funds/the-ballast-fund) — Seed
- Chevron Technology Ventures (https://capitalatlas.ai/funds/chevron-technology-ventures) — Series A, Series B
- Macquarie Capital — Series A
- R/GA Ventures (https://capitalatlas.ai/funds/r-ga-ventures) — Series A
- Energy Innovation Capital (https://capitalatlas.ai/funds/energy-innovation-capital) — Series A, Series B
- Felton Group — Series A
- UVA Licensing & Ventures Group (https://capitalatlas.ai/funds/uva-licensing-ventures-group) — Series A, Series B
- Blue Bear Capital (https://capitalatlas.ai/funds/blue-bear-capital) — Series A, Series B
- IREON Ventures (https://capitalatlas.ai/funds/ireon-ventures) — Series B