About This Fund
DataTribe Fund III is the third seed-stage venture fund from DataTribe, a Fulton, Maryland-based cybersecurity co-building firm that commercializes intelligence community and defense agency technologies for the private sector — an approach the firm describes as the 'reverse In-Q-Tel.' DataTribe was founded to partner with scientists and engineers from U.S. intelligence agencies including the NSA, DHS, and related defense community organizations, providing not only venture capital but a comprehensive co-founder model: approximately $1 million in non-dilutive operational support per company including dedicated office space in its Maryland facility, legal and accounting services, recruiting support, and access to its proprietary network of domain experts across cybersecurity, data science, and national defense. The fund closed at $41 million in June 2025, targeting 8 to 12 seed-stage companies with initial check sizes ranging from $500,000 to $10 million, with approximately half the committed capital already deployed at the time of closing. DataTribe's proven portfolio from prior funds includes notable exits: Dragos (operational technology cybersecurity, valued at $1.7 billion in 2021), ReFirm Labs (IoT firmware security, acquired by Microsoft), Code Dx (application security testing, acquired by Synopsys), and Attila Security (mobile security, acquired by ID Technologies), demonstrating the firm's consistent ability to translate intelligence-community-grade technology into commercially viable and acquirable cybersecurity products.