2 VCs and 2 funds investing in cybersecurity
Partner
Bessemer Venture Partners
Check: $1M-$100M+ (multi-stage, BVP has $3.6B+ under management)
The cloud computing investor. His annual 'State of the Cloud' report is the definitive industry reference for cloud/SaaS metrics. Bessemer's 'Cloud Atlas' benchmarking tool is used by thousands of SaaS companies. The firm publicly lists its 'Anti-Portfolio' — companies they passed on (including Apple, Google, Facebook, Intel) — as a reminder of humility. Data-driven, metrics-obsessed approach to SaaS investing. Has been investing in cloud for over two decades, since before 'cloud' was even a common term. Believes AI will fundamentally transform labor-intensive enterprise processes and that the next generation of cloud companies will be 'AI-native' rather than AI-augmented. BVP created the BVP Nasdaq Emerging Cloud Index (EMCLOUD) tracking public cloud companies — a widely referenced industry benchmark. Byron sees vertical SaaS (purpose-built cloud for specific industries) as one of the largest remaining opportunities.
General Partner
Andreessen Horowitz (a16z)
Check: $1M-$100M+ (leads a16z's $1.25B+ infrastructure fund)
Leads a16z's infrastructure practice and is one of Silicon Valley's most technically credible VCs, having built VMware NSX and pioneered software-defined networking. Invests 'from markets in' rather than 'from companies out' — he maps massive market opportunities first, then finds founders who can serve them. Believes AI is analogous to 1996 of the internet boom with years of growth still ahead. Sees the AI coding market alone as a potential $3 trillion opportunity. Vocal advocate for open source in AI — co-authored a piece in The Economist with Ion Stoica arguing open source is critical to AI's future. Deeply concerned about Chinese dominance in open-source AI models (claims ~80% of his portfolio companies use Chinese open-source models). Thinks AI value will ultimately accrue at the application layer more than the model layer, drawing parallels to how SaaS-era startups captured more value at the application layer than infrastructure. Believes AI is fundamentally changing SaaS pricing from per-seat to outcome-based models. Champions spatial intelligence as AI's next frontier (deeply involved with World Labs / Fei-Fei Li).