Investments
49Portfolio Exits
14Funds
5About ClearSky
ClearSky is a venture capital/growth equity firm with offices in Florida, New York, Boston and San Francisco. ClearSky invests through two funds: ClearSky Power & Technology and ClearSky Security. ClearSky Power & Technology invests in companies providing technology and services to enterprise customers, with a special focus on the power sector. ClearSky Security invests in companies that offer security solutions, with a special focus on cybersecurity, industrial security and critical infrastructure security.
ClearSky Headquarter Location
700 Universe Blvd
Juno Beach, Florida, 33408,
United States
561-691-7770
Latest ClearSky News
May 4, 2022
Share Phylum manages the risk of using untrusted, open-source libraries; enables security teams and developers to innovate at speed Phylum announces $15 million in Series A funding. The round is led by ClearSky, with contributions from Atlassian Ventures, SixThirty Ventures, First In and TechOperators. “It is incredibly validating to have ClearSky and Atlassian join our mission to defend the open-source ecosystem so organizations can continue to leverage the benefits of open-source software securely and efficiently,” said Peter Morgan, co-founder and president of Phylum. Phylum was founded in 2020 by Aaron Bray, Louis Lang and Peter Morgan, who are all career security researchers and developers with an accomplished history in cyber offense. Experienced in both commercial and government sectors, the team observed the rise in open-source usage and associated risk in the software supply chain, and created Phylum to combat the threats that continue to go unaddressed using traditional methods. “The explosion in supply chain component compromise has highlighted the need to expand focus beyond known software vulnerabilities. Development and security teams need proactive risk management tools that enable them to identify compromised packages before they are included in mission-critical applications. At ClearSky, we are proud to support Phylum’s mission to reshape the space of open-source risk management,” said Patrick Heim, Partner and CISO at ClearSky. Modern software development requires advances beyond software vulnerabilities Related Posts Open-source software has enabled developers to accelerate release schedules. DevOps processes assist developers through standards enforcement, testing and build automation. This combination enables automated use of untrusted software via dependencies from unknown authors on the Internet, increasing the security teams’ burden to manage risk at the same pace. Recent attacks have shown that we can no longer solely rely on software composition analysis products that are focused on software vulnerabilities in order to defend the complete attack surface of the open-source software supply chain. Phylum automates the entire process of identifying packages, analyzing the supply chain risk, and categorizing these risks into all five domains: Malicious Code, Vulnerability, License, Author, and Engineering risk. Phylum ingests and analyzes each package as it is published into a package registry, and automates risk analysis and malware detection to convict malicious packages with an average time of 11 minutes. This approach enables the classification and removal of hundreds of unidentified malicious packages and their respective authors, per month. With the Series A investment and the recent hire of Patrick Sheehan as Chief Revenue Officer, the company plans to grow its go-to-market team and continue the invention of new heuristics and machine learning models to proactively identify risk in open-source packages. With the recent release of version 2.0 of the platform, Phylum’s clients continue to bolster their DevSecOps missions. “Phylum’s solution helps technology teams battle the growing number of threats from the software supply chain. We are excited to witness the impact Phylum will have for our 200,000+ Atlassian cloud customers, empowering their teams to focus on the work they love instead of combating security vulnerabilities. Having Phylum in the Atlassian Ventures family is a huge win for development teams everywhere,” said Matt Sonefeldt, head of Atlassian Ventures
ClearSky Investments
49 Investments
ClearSky has made 49 investments. Their latest investment was in Phylum as part of their Series A on May 5, 2022.
ClearSky Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
5/3/2022 | Series A | Phylum | $15M | Yes | 5 | |
1/26/2022 | Series C - II | T-REX Group | $40M | Yes | 6 | |
1/25/2022 | Series A | Revelstoke | $13M | Yes | 5 | |
1/24/2022 | Seed VC | |||||
12/1/2021 | Series A - II |
Date | 5/3/2022 | 1/26/2022 | 1/25/2022 | 1/24/2022 | 12/1/2021 |
---|---|---|---|---|---|
Round | Series A | Series C - II | Series A | Seed VC | Series A - II |
Company | Phylum | T-REX Group | Revelstoke | ||
Amount | $15M | $40M | $13M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 5 | 6 | 5 |
ClearSky Portfolio Exits
14 Portfolio Exits
ClearSky has 14 portfolio exits. Their latest portfolio exit was AutoGrid on May 11, 2022.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
5/11/2022 | Acquired | 5 | |||
10/21/2021 | Acquired | 9 | |||
9/13/2021 | Acquired | 3 | |||
Date | 5/11/2022 | 10/21/2021 | 9/13/2021 | ||
---|---|---|---|---|---|
Exit | Acquired | Acquired | Acquired | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 5 | 9 | 3 |
ClearSky Acquisitions
1 Acquisition
ClearSky acquired 1 company. Their latest acquisition was Altamira Technologies on July 24, 2019.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
7/24/2019 | Other Venture Capital | $23.74M | Acq - Fin - II | 3 |
Date | 7/24/2019 |
---|---|
Investment Stage | Other Venture Capital |
Companies | |
Valuation | |
Total Funding | $23.74M |
Note | Acq - Fin - II |
Sources | 3 |
ClearSky Fund History
5 Fund Histories
ClearSky has 5 funds, including Clearsky Power & Technology Fund II.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
5/17/2019 | Clearsky Power & Technology Fund II | Late-Stage Venture Capital | Open | $145.82M | 1 |
8/9/2017 | ClearSky Security Fund I | ||||
2/10/2015 | Surry Capital | ||||
2/4/2014 | ClearSky Power & Technology Fund I | ||||
ClearSky Power & Technology Fund I International |
Closing Date | 5/17/2019 | 8/9/2017 | 2/10/2015 | 2/4/2014 | |
---|---|---|---|---|---|
Fund | Clearsky Power & Technology Fund II | ClearSky Security Fund I | Surry Capital | ClearSky Power & Technology Fund I | ClearSky Power & Technology Fund I International |
Fund Type | Late-Stage Venture Capital | ||||
Status | Open | ||||
Amount | $145.82M | ||||
Sources | 1 |
ClearSky Team
6 Team Members
ClearSky has 6 team members, including current Founder, Managing Partner, Jay Leek.
Name | Work History | Title | Status |
---|---|---|---|
Jay Leek | Founder, Managing Partner | Current | |
Steven Foster | Chief Financial Officer | Current | |
Alexander Weiss | Managing Partner | Current | |
Jamie Huff | Managing Director | Current | |
Bernard Noble | Managing Director | Current |
Name | Jay Leek | Steven Foster | Alexander Weiss | Jamie Huff | Bernard Noble |
---|---|---|---|---|---|
Work History | |||||
Title | Founder, Managing Partner | Chief Financial Officer | Managing Partner | Managing Director | Managing Director |
Status | Current | Current | Current | Current | Current |
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