Kevin Mandia sold his cybersecurity company to Google in 2022. He has a fresh $190 million for a new venture [CNBC]
Cloudflare, Inc. Class A (NET)
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Source: CNBC
The financing comes four years after Google bought Mandiant for $5.4 billion, with some of the new money coming from the company that acquired his business. Mandia said in an interview that he didn't want to “sit on the sidelines” watching the industry shift to AI. Kevin Mandia testifies during a Senate Intelligence Committee hearing on Capitol Hill on February 23, 2021 in Washington, DC. Drew Angerer | Getty Images Four years ago Kevin Mandia agreed to sell his cybersecurity company Mandiant to Google for $5.4 billion . Now he's back in the game, with Google's help. On Tuesday, Mandia's new startup, Armadin, said it raised nearly $190 million, in a funding round led by Accel. Google Ventures is participating, along with firms including Kleiner Perkins, Menlo Ventures and Ballistic Ventures, which Mandia co-founded. Mandia told CNBC in an interview that the emergence of artificial intelligence, particularly agentic AI, is having a dramatic impact on cybersecurity. Armadin
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- NET's page on the SEC website