Gula Tech Adventures

Gula Tech Adventures is a specialized early-stage venture capital firm with a singular focus on the cybersecurity sector, based in Ellicott City, Maryland. Founded by cybersecurity veterans Ron and Cyndi Gula, the firm leverages Ron Gula's extensive experience as the co-founder of Tenable Network Security to identify and nurture promising startups. Their mission extends beyond mere capital injection, aiming to provide strategic guidance, operational expertise, and invaluable network connections to the next generation of cybersecurity innovators.

The firm primarily targets seed and Series A stage companies, seeking out strong founding teams with innovative technologies poised to address critical challenges in the evolving cyber landscape. Gula Tech Adventures adopts a hands-on approach, often taking a lead or co-lead position in funding rounds. This active involvement ensures that portfolio companies benefit directly from the Gulas' deep industry knowledge and their proven track record in building and scaling successful cybersecurity enterprises.

Gula Tech Adventures has demonstrated significant financial capacity to support its investment thesis. Its inaugural fund closed at $50 million, providing initial capital for its early investments. Building on this success, the firm announced Gula Tech Adventures Fund II in 2022, targeting a substantial $100 million to further expand its investment activities. This increased capital allows them to support a broader range of companies and make more significant follow-on investments.

Typically, Gula Tech Adventures deploys initial checks ranging from $500,000 to $3 million, depending on the stage and specific needs of the startup. They have built a robust portfolio of over 30 investments, including notable companies that are making significant strides in various facets of cybersecurity. Their unique blend of capital, operational mentorship, and deep industry connections positions them as a highly attractive partner for founders navigating the complex and competitive cybersecurity market.