# Specter Ops

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/specter-ops

- Industry: IT Security/Cybersecurity
- Headquarters: Alexandria, US
- Website: www.specterops.io
- Total disclosed funding: $112M
- Latest round: Series B (Mar 5, 2025)
- Investors on record: 6

## About

Founded in 2017 and based in Virginia, US, Specter Ops Inc., operates as a cyber security company that provides adversary-focused cybersecurity solutions used by clients to detect and defend against sophisticated attackers. As of 2023, the company is led by its CEO, David McGuire.  The company offers various security solutions that include penetration testing, hunt operations, breach assessments, active directory security, security research, tradecraft analysis, detection, private training, and adversary simulation. The company's product platform includes Covenant, Mythic, Bloodhound, Merlin, and Ghost Manager, which provide vulnerability research for operators and active directory security fundamentals. In March 2025, Specter Ops Inc. raised USD 75 million in series B funding led by new investor Insight Partners, with participation from other new investors Ansa Capital, M12, and Cisco Investments. Returning investors Ballistic Ventures and Decibel also participated in the round. The company will use the funding to scale its BloodHound Enterprise and enhance the removal of Identity-based Attack Paths.

## Funding rounds

- Series B, Mar 5, 2025, $75M — Insight Partners, M12, Cisco Investments, Ansa, Decibel, Ballistic Ventures
- Series A, Jul 11, 2023, $8.5M — Ballistic Ventures
- Series A, Oct 28, 2022, $29M — Decibel, Ballistic Ventures

## Investors

- Decibel (https://capitalatlas.ai/funds/decibel) — Series A, Series B
- Ballistic Ventures (https://capitalatlas.ai/funds/ballistic-ventures) — Series A, Series B
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series B
- M12 (https://capitalatlas.ai/funds/m12) — Series B
- Cisco Investments (https://capitalatlas.ai/funds/cisco-investments) — Series B
- Ansa (https://capitalatlas.ai/funds/ansa) — Series B