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HomeInformation SecurityAEI HorizonX Ventures Joins Shift5 Sequence B Funding Spherical

AEI HorizonX Ventures Joins Shift5 Sequence B Funding Spherical


Arlington, VA, July 14, 2022 (GLOBE NEWSWIRE) — Shift5, the OT cybersecurity firm that defends army platforms and significant transportation techniques from cyberattacks, right now introduced that AEI HorizonX, AE Industrial Companions’ enterprise capital group shaped in partnership with The Boeing Firm, has joined the corporate as an investor in its oversubscribed Sequence B funding spherical led by Perception Companions. By means of the longevity and deep networks of AE Industrial Companions and Boeing, AEI HorizonX will allow Shift5 to capitalize on its momentum inside the broader aviation ecosystem.

“Amid a shifting regulatory surroundings, Shift5 brings to market an answer that has been long-needed within the aviation ecosystem,” stated Brian Schettler, Accomplice, Head of AEI HorizonX. “The corporate’s capacity to rework beforehand inaccessible knowledge from inside plane into helpful insights, paired with the credibility of the corporate’s founders and its in depth work inside the U.S. Division of Protection, clarify that Shift5 is blazing a path that many will observe.”

Shift5 unlocks the serial networks and knowledge that management planes, trains, and tanks, offering visibility into fleet belongings the place operators have traditionally been locked out. Shift5 permits operators to realize full observability, detect threats, and keep resilience of operational know-how (OT) techniques as cyber-physical assaults grow to be an more and more engaging technique for digital attackers. By offering visibility into the information that powers their costliest, longest-lived, and most consequential fleet belongings, Shift5 permits rail, aerospace, and protection firms to make data-informed choices as soon as thought of unattainable, to enhance cybersecurity and enhance operational effectivity.

“As safety leaders from CISA and FBI warn crucial infrastructure operators concerning the danger of cyberattacks, it’s crucial that the transportation and protection industries heed these warnings,” stated Josh Lospinoso, CEO and co-founder, Shift5. “The one manner for aerospace and protection operators to make sure the resiliency of their business-critical belongings is by gaining full visibility into them. Entry to OT knowledge allows groups to have extra productive discussions and make mission-critical choices in real-time. We’re thrilled to work with AEI to convey fashionable cybersecurity capabilities and situational consciousness to planes, trains, and tanks.”

“There’s a direct correlation between the OT knowledge Shift5 can entry and worth delivered to a company. The depth of entry, accuracy of knowledge, and usefulness of insights allow prospects to realize federal compliance with strict trade rules, make smarter enterprise choices, and allow higher security aboard fleet belongings,” stated Joe Lea, President, Shift5. “Working with AEI will amplify our capacity to assist aerospace and protection organizations capitalize on the information present above the wheels of their planes and weapon techniques.”

To be taught extra about how the Shift5 is unlocking operational know-how (OT) to assist the world’s transportation and weapon techniques defend towards cyberattacks and enhance operations, please go to https://shift5.io.

About Shift5
Shift5 is the OT cybersecurity firm that protects the world’s transportation infrastructure and weapons techniques from cyberattacks. Created by founding members of the U.S. Military Cyber Command who pioneered fashionable weapons system cyber assessments, Shift5 defends army platforms and industrial transportation techniques towards malicious actors and operational failures. Prospects depend on Shift5 to detect threats and keep the resilience of all kinds of operational know-how techniques, together with aviation, rail and metro, protection, helicopters, and different heavy fleet equipment. For extra data, go to https://shift5.io.

About AE Industrial Companions
AE Industrial Companions is a non-public fairness agency specializing in aerospace, protection & authorities companies, house, energy & utility companies, and specialty industrial markets. AE Industrial Companions invests in market-leading firms that may profit from its deep trade information, working expertise, and relationships all through its goal markets. AE Industrial Companions is a signatory to the United Nations Rules for Accountable Funding and the ILPA Range in Motion initiative. For extra data, go to https://www.aeroequity.com.

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