Hello NightDragon Community,
What a year! 2023 was an exciting year for NightDragon. We’re thankful to our incredible partners, advisors, team, and network that helped to make it all possible. We’re fortunate to be surrounded by such a strong community, so from the entire team at NightDragon, we thank you for being part of the NightDragon family!
We saw our NightDragon team nearly double in 2023, including 9 new team members who brought international expansion, technological expertise, platform expansion, and investment growth, as well as deep expertise from companies like Google, Mandiant, Microsoft, Palo Alto Networks, JP Morgan, and Instacart. Additionally, we onboarded 37 new leaders to our Advisory Council, including experts in AI, Cyber-physical security and convergence, space, and across all critical Infrastructure sectors including healthcare and public health, transportation, financial services, and technology.
We also saw the significant expansion of our proprietary NightScale platform, including increased depth and breadth in programs, playbooks, influence, and more than 100 partners across various sectors including government, marketing, go-to-market, and mergers and acquisitions. New partners this year include global leaders such as NEXTGEN Group, World Wide Technology, Jones Group International, CyberKnight, SiteGround, Diligent, Arrow Electronics, Vrge, and Punch.
These investments and growth are critical as we continue to see the market opportunity in cybersecurity, safety, security and privacy (CSSP) expand. Cyber losses continued to be immense, amounting to $8 trillion in 2023, and we continue to see geopolitical tensions and other factors drive significant national security risk. The result: a $400 billion market for CSSP that saw its first $100 billion valuation company, the biggest acquisition in cybersecurity history, and new potential emerging around AI and other technologies.
These market conditions have played out favorably for our portfolio companies in 2023. Consistent with NightDragon’s market thesis, rising geopolitical tensions present significant opportunities for our portfolio companies and future investment portfolio. As an example, several of our portfolio companies are actively engaged in supporting friends and allies across Eastern Europe and the Middle East. Our companies continue to make meaningful contributions towards securing our world for tomorrow, as well as grow strong businesses to capitalize on the opportunity in front of them.
Though 2023 has been full of growth and opportunity, we’re just getting started! We thank you again for being part of the NightDragon community and hope you’ll follow our journey to securing the world for tomorrow as we step into 2024: The Year of the Dragon!
The NightDragon Team