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D.C. Cyber Investor Raises $372M for a New Fund

D.C. cybersecurity investor Paladin Capital Group closed on an oversubscribed $372 million fund that it has already begun deploying in cyber firms across multiple fundraising stages.“ At a time when cybersecurity could not be more important, Cyber Fund II is investing in digital solutions of absolute need to advance, sustain and defend critical infrastructure and modern society,” said Michael Steed, founder and managing partner of Paladin Capital Group, in a statement.