Brightmind Partners Co-founder Stephen Ward Seeks Second $250M Cybersecurity Fund
Stephen Ward, co-founder of New York-based Brightmind Partners, is launching a second cybersecurity venture fund targeting approximately $250 million. This follows the success of his debut fund and a notable exit involving SGNL, which was acquired by CrowdStrike for $740 million shortly after Brightmind led its Series A. The move comes as Ward transitions to sole general partner following the departure of co-founder Gur Talpaz in April. Ward's investment strategy is characterized by a pragmatic approach to exits, prioritizing selling companies during growth phases rather than waiting solely for IPOs. His background includes roles in the U.S. Coast Guard and Secret Service, as well as CISO positions at TIAA and Home Depot.
Topics: Cybersecurity Fundraising Leadership Transition Venture Capital
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