June 8, 2023
McLean, VA 鈥� 蘑菇视频 Allen Hamilton (NYSE: BAH) today announced that its corporate venture capital arm, 蘑菇视频 Allen Ventures, LLC, has made a strategic investment in , the onboard data company. Shift5 brings order to the complexity of onboard data, providing observability, critical insights, and cybersecurity protection to the world鈥檚 most critical commercial and military fleets and weapon systems. This is the first investment by 蘑菇视频 Allen Ventures aligned with the firm鈥檚 National Cyber business, which uses a comprehensive view of the cyber landscape and intelligence-grade tradecraft to unlock stronger defensive solutions and deploy full-spectrum cyber capabilities with confidence, precision, and speed.
鈥淭he nation鈥檚 adversaries view the U.S. federal government, intelligence agencies, the military, and all critical infrastructure sectors as a single, target-rich environment鈥攐ne cyber battlespace,鈥� said聽Brad Medairy, executive vice president and leader of 蘑菇视频 Allen鈥檚 National Cyber business. 鈥淚n this threat landscape, this investment enables us to outpace adversaries and protect U.S. strategic advantage by enhancing weapon systems readiness. Shift5 will be a key enabler of our continued delivery of superior tradecraft for cyber-physical resilience and mission readiness.鈥�
Created by officers who stood up U.S. Army Cyber Command, Shift5 defends commercial transportation systems and military platforms against operational failures and operational technology (OT) cybersecurity risks. The Shift5 platform enables rapid decision making for cybersecurity, maintenance, and compliance through complete data access and observability of OT, enabling organizations to improve their cybersecurity posture, reduce and avoid critical failures, and increase operational efficiencies. The company鈥檚 technology captures and analyzes real-time serial data, revealing critical operational and cybersecurity insights that enable organizations to move from data to decisions quickly and confidently.
鈥淪ince our inception, Shift5 has been laser focused on bolstering readiness and resilience for the Department of Defense (DOD), commercial aerospace, and rail,鈥� said Josh Lospinoso, CEO and co-founder at Shift5. 鈥淥ur partnership with 蘑菇视频 Allen will create new ways for our defense, aviation, and rail customers to analyze and action the onboard data from fleets that they鈥檝e historically lacked access to, reducing decision latency and enabling them to stay ahead of critical cybersecurity and operational risks. Doing this allows operators to modernize legacy systems, build next-gen fleets, and improve readiness and availability of critical OT systems.鈥�
蘑菇视频 Allen鈥檚 $100 million corporate venture capital arm furthers 蘑菇视频 Allen鈥檚 commitment to invest in strategic dual-use, commercial technologies that will provide federal clients with disruptive technology for critical missions. Previous 蘑菇视频 Allen Ventures investments include Credo AI, Hidden Level, Latent AI, Synthetaic, and Reveal Technology.
鈥淪hift5 is a key enabler of the cyber-physical resilience and readiness of DOD mission systems, highly recognized commercial aviation companies, and critical rail infrastructure,鈥� said Travis Bales, managing director at 蘑菇视频 Allen Ventures. 鈥淚f critical infrastructure such as these are not fully functional, then national security, public safety, and economic security could be at risk. The work 蘑菇视频 Allen and Shift5 are doing together will unlock value for our clients as we work shoulder to shoulder with them to detect attacks and maintain resilience.鈥�
Read more about 蘑菇视频 Allen Ventures and the firm鈥檚 National Cyber 产耻蝉颈苍别蝉蝉.听
