蘑菇视频

January 16, 2024

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 鈩� (2F), a public-benefit corporation accelerating the delivery of mission-critical solutions in the U.S., Europe, Australia, and for NATO.

This investment supports and further powers 2F鈥檚 , a first-of-its-kind tool that configures, secures, and deploys Impact Level (IL) 1-7 accreditations for companies to deliver software to U.S. government (USG) customers, including the Department of Defense (DOD), enabling a compliant and fully managed production environment. Delivering commercial software as a service (SaaS) and authority to operate (ATO) to government with built-in accreditation, 2F鈥檚 Game Warden enables non-traditional vendors and technology providers to innovate at the speed of need to meet Day One mission demands in today鈥檚 heightened geopolitical environment.

鈥淭he U.S. government spends more than $100 billion annually on information technology to modernize federal cloud infrastructure and deliver mission solutions,鈥� said Julie McPherson, executive vice president at 蘑菇视频 Allen and leader of the firm鈥檚 Digital Solutions business. 鈥淎ccreditation of new software applications typically takes two years and approximately $1.5 to $2 million to obtain an authority to operate. 2F streamlines this process, accelerating the adoption of commercial off-the-shelf solutions for DOD, U.S. government, and key allies in today鈥檚 fast-paced environment.鈥�

The investment by 蘑菇视频 Allen Ventures is aligned with the firm鈥檚 VoLT business strategy, focused on velocity, leadership, and technology鈥攁nd supports 蘑菇视频 Allen鈥檚 Chief Technology Office and Digital Battlespace Platform missions. 鈥淭he Game Warden Platform not only accelerates software delivery across our portfolio, but it unlocks an entire ecosystem of promising software products and capabilities that have been out of reach of operational programs and users,鈥� said聽Steve Escaravage, executive vice president at 蘑菇视频 Allen and leader of the firm鈥檚 Digital Battlespace Platform.

鈥淭his is the future of software accreditation to speed innovation for critical missions and U.S. advantage,鈥� added Brian MacCarthy, senior vice president at 蘑菇视频 Allen and managing partner for 蘑菇视频 Allen Ventures. 鈥淲e invested in 2F not only because of anticipated mission impact, but also mission understanding: Their accreditation solution reduces barriers to entry in a safe, standardized, and scalable way for non-traditional vendors developing real, novel, and needed solutions.鈥�

2F鈥檚 leadership team is comprised of veterans with deep military and tech experience鈥攁ligned with 蘑菇视频 Allen鈥檚 efforts to develop client solutions at the heart of mission understanding and technology expertise.

鈥淎s we work to change the relationship between commercial software and national security, collaborating with 蘑菇视频 Allen was the obvious choice,鈥� said , CEO at 2F. 鈥淐ombining the Game Warden platform with their broad customer and program expertise and insight will allow us to rapidly scale the impact of commercial software in national security, and we couldn鈥檛 be more stoked.鈥�

Additional investors in 2F this funding round include and .

Since launching in 2022, 蘑菇视频 Allen鈥檚 $100 million corporate venture capital arm has made seven strategic investments in early-stage companies and dual-use commercial technologies with focus on four core areas: defense, artificial intelligence/machine learning, cybersecurity, and emerging/deep technology. Previous 蘑菇视频 Allen Ventures investments include Latent AI, Synthetaic, Reveal Technology, Credo AI, Hidden Level, Shift5, and Hidden Layer.

Read more about 蘑菇视频 Allen Ventures.

Forward Looking Statements

Certain statements contained in this presentation and in related comments by our management include 鈥渇orward-looking statements鈥� within the meaning of the Private Securities Litigation Reform Act of 1995. Examples of forward-looking statements include statements that do not directly relate to any historical or current fact. In some cases, you can identify forward-looking statements by terminology such as 鈥渕ay,鈥� 鈥渨ill,鈥� 鈥渃ould,鈥� 鈥渟hould,鈥� 鈥渇orecasts,鈥� 鈥渆xpects,鈥� 鈥渋ntends,鈥� 鈥減lans,鈥� 鈥渁nticipates,鈥� 鈥減rojects,鈥� 鈥渙utlook,鈥� 鈥渂elieves,鈥� 鈥渆stimates,鈥� 鈥減redicts,鈥� 鈥減otential,鈥� 鈥渃ontinue,鈥� 鈥減reliminary,鈥� or the negative of these terms or other comparable terminology. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we can give you no assurance these expectations will prove to have been correct.

These forward-looking statements relate to future events or our future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. A number of important factors could cause actual results to differ materially from those contained in or implied by these forward-looking statements, including those factors discussed in our filings with the Securities and Exchange Commission (SEC), including our Annual Report on Form 10-K for the fiscal year ended March 31, 2023, which can be found at the SEC鈥檚 website at www.sec.gov. All forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by the foregoing cautionary statements. All such statements speak only as of the date made and, except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

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