EvoNexus FinTech Portfolio Company Success Stories

May 29, 2019 — AttackIQ™, the leader in the emerging market for continuous security validation, recently announced $17.6 million in Series B funding led by Khosla Ventures and existing investors including Index Ventures, Salesforce Ventures and Telstra Ventures. This brings AttackIQ’s total funding to approximately $35 million.

Brian Byun, partner of Khosla Ventures, has joined the company’s board of directors. Khosla Ventures provides venture assistance and strategic advice to entrepreneurs working on breakthrough technologies. The firm was founded in 2004 by Vinod Khosla, co-founder of Sun Microsystems. With over $5 billion dollars under management, the firm focuses on a broad range of areas including consumer, enterprise, education, advertising, financial services, semiconductors, health, big data, agriculture/food, sustainable energy and robotics. Khosla Ventures is headquartered in Menlo Park, Calif.

“AttackIQ was founded and entered the EvoNexus Incubator in 2013. During their incubation the team created the foundation of their first security product called FireDrill, software that provides a continuous security testing platform to challenge existing host, network and cloud infrastructures to help organizations safely test, measure, and perform security validation and improve their defense in depth strategy. The founding team had deep experience in cybersecurity through their work at WebSense, an early leader in the market. In 2015 AttackIQ graduated from EvoNexus with their first venture capital round and early customer trials. AttackIQ exemplifies the high-quality talent residing the San Diego region that developed from the foundational work performed by local government research labs and early commercial security companies like HNC, WebSense, ID Analytics and FICO.”

— Rory Moore, CEO & Co-Founder of EvoNexus: Co-founder of Peregrine Semiconductor & Silicon Wave

“Approved was founded up in San Francisco after my cofounder Navtej Sadhal and I left the online real-estate brokerage, Redfin. We quickly realized we could build a team and launch the company where the sun was always shining, and where we could get the support we needed in the form of startup incubator, EvoNexus.

During our two-year incubation at Evo, we built the core technology, grew our real estate following through social media and content marketing, added a team of San Diego professionals, and launched our digital mortgage platform. We fundamentally transformed the mortgage origination process using technology to streamline a tedious and frustrating experience, and brought it into the modern age.

With the help of EvoNexus’ domain expert mentors, the Approved team grew in size, raised capital and secured its first mortgage lender clients. Just after graduating from the program, Approved’s milestones within EvoNexus caught the eye of Credit Karma who acquired us last year in Q3 of 2018. I look back on my time with the program, my mentors, and my fellow companies fondly. EvoNexus is not just building companies, it’s building a community.”

—Andy Taylor, GM at Mortgage at Credit Karma; Former CEO at Approved

(Credit Karma acquired Approved, May 2018)

EvoNexus FinTech Company Acquisitions

 EvoNexus FinTech Portfolio Companies

The Application Portal for the EvoNexus Incubator is Always Open.

If your company does not fit into the categories listed above, please apply anyway, as EvoNexus is always looking for great companies across all domains! Questions? Email Brittany at BGill@EvoNexus.org