Investments
62Portfolio Exits
14Funds
3Service Providers
1About TechOperators
TechOperators is an Atlanta-based early-stage venture fund focused on software, internet services, cloud computing, security, infrastructure, and mobile computing. TechOperators primarily looks at companies with products already built that have a recurring revenue/subscription models.
TechOperators Headquarter Location
One Buckhead Plaza 3060 Peachtree Road, N.W. Suite 720
Atlanta, Georgia, 30305,
United States
404-537-2525
Research containing TechOperators
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned TechOperators in 1 CB Insights research brief, most recently on Aug 14, 2019.
Latest TechOperators News
Jul 30, 2021
TDF, TechOperators, and DataTribe Participated in the Round ORLANDO, Fla., July 29, 2021-- BlackCloak, the cybersecurity industry's first Digital Executive Protection platform for Executives and High-Profile Individuals, announced today the company's $11 Million Series A funding from lead investor TDF Ventures with participation from both TechOperators and DataTribe. "This investment in BlackCloak highlights where the cybersecurity market is heading," said Jim Pastoriza, Managing Partner, TDF Ventures. "Attackers are keenly focused on Board members, senior executives, and other key personnel in companies across every industry. They realize that if they can penetrate this inner circle through their personal accounts and devices, they can hit the jackpot in terms of a corporate breach, intellectual property, or other sensitive data." In 2020 BlackCloak published original research from hundreds of individuals on the State of Personal Cybersecurity. That research showed 40% of executives were already compromised on their devices or home networks. Furthermore, 70% had exposed passwords on the deep/dark web, and 87% had no security installed on their personal devices. "It is a known issue that our online activities and devices have been at risk for some time, but what is new is the idea that personal digital lives can have a direct impact on the company," said Dr. Chris Pierson, CEO & Founder, BlackCloak. "From unemployment fraud impacting entire executive teams to the exposure of corporate information through personal email, the risks and consequences are very real. BlackCloak is exclusively solving this issue." "High-profile individuals often find themselves outside the umbrella of protection provided by their companies and are forced to rely on weak, consumer grade-products," said Tom Noonan, General Partner, TechOperators. "BlackCloak gives security teams, and the executives they support, security and peace of mind." BlackCloak has been honored with multiple awards including being named a SC Media 2021 Trust Award Finalist and being awarded the 2021 Global InfoSec Award for Digital Executive Protection. With this Series A raise, BlackCloak is expanding its proprietary technology offering in both the cybersecurity and privacy space, deepening its relationship with members, and expanding its team and sale operations. Jim Pastoriza will be joining John Funge from DataTribe on BlackCloak's Board of Directors. About BlackCloak BlackCloak protects corporate executives and high-profile individuals from cybersecurity, privacy, financial, and other reputational risks. Used by Fortune 500 companies across all industries, the BlackCloak Concierge Cybersecurity & Privacy Platform is a holistic solution including mobile and desktop apps as well as concierge support. Executives and high-profile individuals get peace of mind knowing their family, reputation, and finances are secured. Companies rest assured that their brand, intellectual property, data, and finances are protected against threats coming through executives without having to invade their personal lives. Learn more at www.blackcloak.io, follow them on Twitter @BlackCloakCyber, or watch the product video. Contact:
TechOperators Investments
62 Investments
TechOperators has made 62 investments. Their latest investment was in Phylum as part of their Series A on May 5, 2022.
TechOperators Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
5/3/2022 | Series A | Phylum | $15M | No | 5 | |
3/17/2022 | Series A | Todyl | $28M | No | 11 | |
7/29/2021 | Series A | BlackCloak | $11M | Yes | 13 | |
6/23/2021 | Seed VC | |||||
4/27/2021 | Series C |
Date | 5/3/2022 | 3/17/2022 | 7/29/2021 | 6/23/2021 | 4/27/2021 |
---|---|---|---|---|---|
Round | Series A | Series A | Series A | Seed VC | Series C |
Company | Phylum | Todyl | BlackCloak | ||
Amount | $15M | $28M | $11M | ||
New? | No | No | Yes | ||
Co-Investors | |||||
Sources | 5 | 11 | 13 |
TechOperators Portfolio Exits
14 Portfolio Exits
TechOperators has 14 portfolio exits. Their latest portfolio exit was Flashpoint on July 21, 2021.
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 |
---|---|---|---|---|---|
7/21/2021 | Acq - Fin | 1 | |||
5/17/2021 | Acquired | 1 | |||
2/3/2020 | Acquired | 2 | |||
Date | 7/21/2021 | 5/17/2021 | 2/3/2020 | ||
---|---|---|---|---|---|
Exit | Acq - Fin | Acquired | Acquired | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 1 | 1 | 2 |
TechOperators Fund History
3 Fund Histories
TechOperators has 3 funds, including Technology Operators Fund III.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
2/14/2018 | Technology Operators Fund III | Early-Stage Venture Capital | Open | $76.72M | 3 |
12/31/2013 | TechOperators Fund II | ||||
9/30/2009 | Technology Operators Fund I LP |
Closing Date | 2/14/2018 | 12/31/2013 | 9/30/2009 |
---|---|---|---|
Fund | Technology Operators Fund III | TechOperators Fund II | Technology Operators Fund I LP |
Fund Type | Early-Stage Venture Capital | ||
Status | Open | ||
Amount | $76.72M | ||
Sources | 3 |
TechOperators Service Providers
1 Service Provider
TechOperators has 1 service provider relationship
Service Provider | Associated Rounds | Provider Type | Service Type |
---|---|---|---|
Counsel | General Counsel |
Service Provider | |
---|---|
Associated Rounds | |
Provider Type | Counsel |
Service Type | General Counsel |
Partnership data by VentureSource
TechOperators Team
3 Team Members
TechOperators has 3 team members, including current Managing Partner, Said Mohammadioun.
Name | Work History | Title | Status |
---|---|---|---|
Tom E. Noonan | Cisco, JouleX, IBM, Internet security systems, Inc., Dun & Bradstreet, and Rockwell Automation | Founder | Current |
Said Mohammadioun | Managing Partner | Current | |
Glenn Mcgonnigle | General Partner | Current |
Name | Tom E. Noonan | Said Mohammadioun | Glenn Mcgonnigle |
---|---|---|---|
Work History | Cisco, JouleX, IBM, Internet security systems, Inc., Dun & Bradstreet, and Rockwell Automation | ||
Title | Founder | Managing Partner | General Partner |
Status | Current | Current | Current |
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