Shift5, an Arlington, Va.-based OT cybersecurity company that defends military platforms and commercial transportation systems from cyberattacks, raised $20m in Series A funding.
The round was led by 645 Ventures, with participation from Squadra Ventures, General Advance, and First In.
The company intends to use the funds to continue to expand operations and its business reach.
Led by Josh Lospinoso, co-founder and CEO, and Joe Lea, President, Shift5 is an OT cybersecurity company that protects the world’s transportation infrastructure and weapons systems from cyberattacks. It defends military platforms and commercial transportation systems against malicious actors and operational failures.
Shift5’s data-driven solution integrates directly onto existing vehicle platforms, collecting and enriching data from on-board digital components and continuously monitoring data streams for security and operational anomalies. Its analytics platform provides cybersecurity intrusion detection, smarter maintenance, and improved operational intelligence for fleet operators. Further capabilities allow for firmware and configuration attestation and the ability to protect assets by neutralizing malicious or corrupted payloads. Shift5 also provides specialized services for operational technology cybersecurity areas, such as vulnerability research and capability development.
Customers use it to detect threats and maintain the resilience of a wide variety of operational technology systems, including aviation, rail and metro, defense, helicopters, and other heavy fleet machinery.
The company is trusted to provide enhanced cybersecurity and operational intelligence to protect today’s commercial fleet operators and military platforms, including the U.S. Army, U.S. Air Force, U.S. Navy, and several of the largest U.S. passenger rail systems.
FinSMEs
12/10/2021