The Evolution of Cybersecurity, Fundings: Enkyrpt AI, HALO Body Camera, Prowler
28 February 2024 - A Weekly Publication by New North Ventures
We are excited to launch our latest Securing Our Future podcast episode featuring David Etue, former CEO of Nisos and a seasoned expert with 20 years of experience in the cybersecurity realm. With an impressive background spanning security program leadership, management consulting, and product management, David brings a wealth of knowledge to the table.
In this episode, David engages in a compelling conversation with our host Jeremy Hitchcock to explore the intricacies of the cybersecurity landscape. From his experiences at the helm of Nisos, a company focused on delivering managed intelligence services, to his reflections on the intersection of managed services and products in the ever-evolving cyber landscape, David shares valuable insights.
The discussion delves into the challenges and opportunities within the cybersecurity and intelligence sectors, offering a unique perspective on navigating federal markets. David also shares his thoughts on the evolving role of a CEO, emphasizing the significance of team building, culture creation, and the ultimate accountability that comes with leading an organization.
If you're passionate about cybersecurity, intelligence, and the future of technology, you won't want to miss this episode. Tune in to gain an in-depth look into the dynamic world of cybersecurity and the strategies that shape its future. Listen wherever you stream your podcasts or below on Spotify:
The Risk of Not Building a Consensus on Artificial Intelligence and Defence
The article highlights the urgent need for a global framework governing the responsible use of AI in defense, emphasizing the potential risks and benefits of AI in the military domain.
Drawing parallels with historical moments, such as the post-World War II era when global frameworks were established, the author underscores the current lack of such a framework for AI.
The complexity of AI, particularly Generative AI, raises challenges in accountability, responsibility, and regulation. The article argues that a multilateral consensus is essential not only to prevent misuse but also to safeguard societies against adversarial uses of AI impacting national security.
It emphasizes the potential reshuffling of alliances and the creation of a new AI industrial base, urging a balanced approach that embraces AI's promise while mitigating risks through robust mechanisms and a global consensus.
How Silicon Valley Learned to Love America, Drones and Glory
The article discusses a shift in the tech industry's attitude towards defense work, as young technologists participate in a hackathon in El Segundo, California, focusing on building surveillance tools, electronic warfare systems, and drone countermeasures for use on the front lines in Ukraine.
Previously, tech workers resisted contributing to military applications, but a decade of economic and geopolitical threats has led to a surge in investments in defense tech companies. Between 2021 and 2023, $108 billion was invested in these companies, and the defense tech market is predicted to reach $184.7 billion by 2027.
The article highlights the changing values in Silicon Valley, where a growing number of tech workers and investors now see defense contracting as a higher calling, aligning with American ideals and a return to mid-century values. It also discusses the cultural shift, the rise of funds dedicated to defense tech, and the increasing interest in supporting technology for national security.
Quick Links:
Founded:Â 2022
Key People: CEO Sahil Agarwal Ph.D
Elevator Pitch: A digital rights management platform designed to protect, allow, and monetize AI models.
Funding:Â The company raised $2.35 million of seed funding in a deal led by Boldcap on February 27, 2024.
Founded:Â 2019
Key People:Â CEO Fiona Shanley
Elevator Pitch:Â A body-worn camera intended to serve retail, transport, police, government agencies, and more.
Funding: The company raised $23.50 million of venture funding from Volition Capital and other undisclosed investors on February 27, 2024.
Founded:Â 2023
Key People: CEO Casey Rosenthal
Elevator Pitch: An open-source security platform designed to help organizations secure their cloud environments.
Funding: The company raised $6 million of seed funding in a deal led by Decibel Partners on February 26, 2024.
Look for a new episode of Securing the Future Podcasts wherever you listen. In our most recent episode, we have David Etue, former CEO of Nisos, sit down with General Partner Jeremy Hitchcock for an engaging conversation about the intricacies of cybersecurity, intelligence, and the evolving role of a CEO in navigating complex markets.