Close the gap between offense and defense by deploying capital and expertise towards companies providing solutions to better protect governments, organizations and individuals.

How much does NightDragon manage?

NightDragon manages $750M (NightDragon Growth I fund, launched 2021); a possible newer/second fund was referenced in firm materials but not independently sized in this pass in assets.

All funds

FundVerified

NightDragon

Cybersecurity/safety-focused investment firm; new investor in Forterra's $238M Series C (Nov 2025).

NightDragon is a San Francisco-based venture and advisory firm founded by Dave DeWalt (former CEO of McAfee and FireEye) investing in growth and late-stage companies across the 'SecureTech' ecosystem — cybersecurity, safety, security, privacy, defense tech, quantum, and autonomous/dual-use systems. It pairs capital with hands-on operating expertise from DeWalt's executive career, and raised a $750M growth fund (NightDragon Growth I) in 2021.

Overview

Firm: NightDragon
Headquarters: San Francisco, CA
Founded: 0
AUM: $750M (NightDragon Growth I fund, launched 2021); a possible newer/second fund was referenced in firm materials but not independently sized in this pass
Stages: Growth
Thesis: Close the gap between offense and defense by deploying capital and expertise towards companies providing solutions to better protect governments, organizations and individuals.

Portfolio companies1

CompanyForterraMaryland-based autonomous ground-vehicle and mission-autonomy company (formerly Robotic Research), valued above $1B after a $238M Series C.

Partners1

FounderDave DeWaltFour-time cybersecurity CEO (Documentum, McAfee, FireEye) and founder of fund:nightdragon, a venture and advisory firm investing in growth-stage SecureTech companies.

Frequently asked

What is NightDragon?: Close the gap between offense and defense by deploying capital and expertise towards companies providing solutions to better protect governments, organizations and individuals.
How much does NightDragon manage?: NightDragon manages $750M (NightDragon Growth I fund, launched 2021); a possible newer/second fund was referenced in firm materials but not independently sized in this pass in assets.
What stages does NightDragon invest at?: NightDragon invests at Growth.

Sources & citations2

Each claim links to its underlying source. Confidence reflects how directly the source supports the claim.

1
NightDragon is a San Francisco-based venture and advisory firm founded by Dave DeWalt, investing in growth/late-stage SecureTech companies, backed by a $750M fund raised in 2021.
NightDragon: Company
Verified2026-08-09
2
NightDragon participated in Forterra's $238 million Series C funding round (announced Nov 12, 2025), as a new investor.
GlobeNewswire: Forterra Closes $238 Million Series C Cementing Leadership in Autonomy and Interoperable Systems
Verified2025-11-12

Overview

Portfolio companies1

Partners1

Frequently asked

Tags

Sources & citations2