Summit Peak Ventures
6616 Canyon Crest Drive, Fort Worth, TX, 76132, United States
Overview
Our mission is to provide our partners with access to the next generation of the most transformative early stage venture capital managers by leveraging the extensive knowledge, experience and processes we have developed as institutional investors.
- Total investments
- 3
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 4
Sector focus
- E-Commerce
- Information Technology
- Internet
- Mobile
- Software
Investment portfolio
- Cyble
Led · Series B · Nov 2023
Cyble provides AI- and ML-driven cyber threat intelligence and investigations for governments and enterprises, offering coverage across adversaries, infrastructure, exposure, weaknesses, and targets. The firm’s product portfolio includes Cyble Vision (AI-powered cyber threat intelligence), Cyble Hawk (AI-powered cyber threat investigation for federal bodies), Cyble Odin (search engine for internet-scanned assets), and AmIBreached (dark web exposure monitoring). Headquartered in Atlanta with offices in Australia, Malaysia, Singapore, Dubai, Saudi Arabia, and India, Cyble is entering a growth phase focused on accelerating R&D and expanding globally. The company intends to use the newly raised funds to advance its AI capabilities and further develop its threat-intelligence offerings. Leadership mentioned includes CEO Beenu Arora and COO Manish Chachada. No operating metrics (revenue/users) were disclosed in the article. Cyble monitors both dark web and surface web data to map and attempt to mitigate companies' digital risk footprints, building custom threat-hunting solutions for clients. The company claims visibility into over 6,000 darknet marketplaces and competes with vendors such as SnapAttack. Founded in 2019 by Beenu Arora and Manish Chachada and based in Atlanta, Cyble serves customers including government agencies and Fortune 50 brands. Management says the new funding will be used to ramp up R&D, product investments, and global marketing to support market expansion. CEO Beenu Arora noted the investment reflects the team's execution toward its vision. To date Cyble has raised $38.6 million and bootstrapped its first two years; the Series B is its first fundraising since February 2022. Cyble is a global threat-intelligence SaaS provider that continuously monitors the surface web, deep web, and darkweb to give enterprises real-time visibility into their digital risk footprint. Its core offerings include darkweb, brand, and attack-surface monitoring, supported by Cyble Research Labs (CRL); it also introduced Cyble Hawk, a Law Enforcement Agency and defense-tailored threat intelligence solution. Headquartered in Georgia, U.S., with offices in Australia, Singapore, and India, Cyble is present in six nations and has tripled its business year-over-year. The company has grown headcount from 25 to 80 employees since 2021 and has been recognized by Forbes among the top cybersecurity startups. Cyble says it will use new capital to expand its product roadmap, deepen penetration into existing and new markets, and amplify its research and intelligence capabilities. Backed by investors including Blackbird Ventures, Xoogler, and Y Combinator, Cyble focuses on democratizing visibility into the darkweb and helping organizations fortify their security infrastructure. Cyble is a global threat-intelligence SaaS provider that delivers early-warning intelligence and dark-web monitoring via its Cyble Vision platform. The company focuses on giving organizations real-time visibility into vulnerabilities and their digital risk footprint. Cyble intends to use the seed funding to onboard resources, scale Cyble Vision, and accelerate its product roadmap over the next 18–24 months. It has a global presence with headquarters in Alpharetta, Georgia, and offices in Australia, Singapore, and India. Cyble graduated from Y Combinator's Winter 2021 cohort and received pre-seed funding from YC in January. The company has also partnered with the Aditya Birla Group Innovation Fund to pilot its offerings at Aditya Birla Group. Cyble joined Y Combinator's 2021 Winter Cohort. The company lists locations in Atlanta (United States), Bengaluru (Karnataka) and Mumbai (Maharashtra), India. As part of the cohort, Cyble will be backed by Y Combinator to scale and advance its operations. The article does not provide details on Cyble's core product, services, or financial metrics. Y Combinator is a startup fund based in Mountain View, CA. YC has invested in over 2,000 companies, including Airbnb, Dropbox, Stripe, Reddit, Instacart, Docker and Gusto.
- Percepto
Participated · Series B · Nov 2020
Percepto, based in Modi’in, Israel and led by CEO Dor Abuhasira, provides Autonomous Inspection & Monitoring (AIM), an end-to-end visual inspection solution powered by autonomous drones, robots and AI. AIM automates the entire visual inspection workflow from data collection to AI-powered analysis and insights, enabling faster detection of gas leaks, overheating and infrastructure deterioration. The platform is used by Fortune 500 customers on six continents, including Siemens Energy, Delek US, companies across Koch Industries and ICL Dead Sea Works. Percepto raised a combined $67M Series C in equity and debt funding, bringing total investment in the company to more than $120M. The round was led by Koch Disruptive Technologies and included new investors Zimmer Partners and one of the largest U.S. energy companies, with participation from existing backers U.S. Venture Partners, Delek US Holdings, Atento Capital, Spider Capital and Arkin Holdings. The company plans to use the funds to expand operations and broaden its business reach while helping customers meet environmental, social and corporate governance (ESG) goals by minimizing safety and environmental risks. Percepto develops a vertically integrated stack of drone hardware and software for autonomous site inspection and monitoring, marketed as AIM. Its product is a "drone-in-a-box" that launches on-demand or on schedule, returns to recharge, and transfers data for analysis. The company hires teams in AI, computer vision, navigation and analytics and acquires compute chips from Nvidia to power its systems. Percepto counts customers in around 10 countries, including ENEL, Florida Power and Light and Verizon. Founded in 2014, it has raised $72.5 million to date and recently closed a $45 million Series B. The company has integrated its Sparrow drones with Boston Dynamics' Spot for complementary inspections and says it expects additional partnerships. CEO Dor Abuhasira said the round will help Percepto "create a category leader." Percepto provides on-site autonomous drone solutions for critical infrastructure and industrial sites via its Drone-in-a-Box (DIB) system. The DIB platform uses computer vision, AI and cloud management to enable real-time detection of threats, safety hazards and anomalies, as well as mapping, 3D modelling and emergency response without human intervention. Its solution targets large-scale enterprises in energy, oil & gas, mining and other heavy industries and is in use in more than ten countries, including deployments with Fortune 500 customers such as Enel. Founded in 2014 and led by CEO Dor Abuhasira, Percepto has raised $27.5M to date following a $15M Series A. The company intends to use the Series A proceeds to scale operations, further expand its international presence and continue research and development. Percepto positions its product to improve security, increase productivity, reduce safety risks and lower operational costs for industrial operators. Percepto develops a small hardware-and-software "little black box" that attaches to drones and runs computer vision on an onboard Nvidia Tegra K1 GPU and camera. The product includes an SDK the company says can save companies roughly 70% of the time needed to develop a new drone application. Percepto started last year in Tel Aviv and currently employs seven people, with plans to grow to 12 or more within six months using the new funding. The company is shifting its focus from consumer hobbyist use toward commercial applications such as inspection and automated filming. Percepto plans to make its software available for free under an open-source license later this year to encourage developer adoption and potential enterprise take-up. Founders Dor Abuhasira and Raviv Raz built the product after noticing gaps in consumer drone footage and believe the system could become a standard commercial platform for drone computer vision.