Shift5 today announced it has raised $33 million in additional financing, bringing its Series B round to $83 million. Led by Moore Strategic Ventures, industry stalwarts across defense and commercial aerospace industries, including Booz Allen Hamilton’s corporate venture capital arm, Booz Allen Ventures, and JetBlue Ventures, as well as Teamworthy Ventures, participated in the round, bringing the company’s total venture funding to $108 million.

The fundraise comes amid significant business momentum; in the last year Shift5 more than doubled its annual recurring revenue (ARR), more than doubled its number of customers across Department of Defense (DoD) and commercial aerospace and rail sectors, and grew the rate of its platform deployments on commercial and DoD vehicles and weapon systems by 1,275%.

Shift5 today announced it has been named to JMP Securities Cyber 66 list, which recognizes the 66 hottest privately held cybersecurity companies in 2023.

Shift5 today announced it has achieved its first cross-platform Authority to Operate (ATO) Certification from the U.S. Department of Defense (DoD), validating the resilience and security of Shift5’s technology.

Shift5 today announced its partnership with JetBlue to bring cybersecurity and data observability of onboard avionics to commercial aircraft. Shift5 welcomes JetBlue Ventures as an investor in its Series B round of funding.

Shift5 today announced the release of the Shift5 Compliance Module to help aviation, rail, and defense customers automate compliance efforts for data created on board fleet vehicles. The inaugural release, designed for commercial air operators and in partnership with aviation industry experts, enables the automation of Aircraft Network Security Program (ANSP) requirements for connected aircraft as detailed in Federal Aviation Administration (FAA) Advisory Circular (AC) 119-1.

Shift5 today announced the appointment of General Richard D. Clarke, United States Army (Ret.) to its Board of Directors.

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Shift5, the onboard operational technology (OT) data and cybersecurity company for planes, trains, and tanks, today announced updates to its brand.

Shift5 is building a smarter, safer, and more secure world by creating resilient and mission-ready fleets. The evolved look and feel of Shift5 reflects the magnitude of the problem we are solving and the transformational opportunities we unlock for customers through onboard OT data

Finance

Shift5, the OT cybersecurity company that defends military platforms and critical transportation systems from cyberattacks, today announced that AEI HorizonX, AE Industrial Partners’ venture capital group formed in partnership with The Boeing Company, has joined the company as an investor in its Series B funding round. Through the longevity and deep networks of AE Industrial Partners and Boeing, AEI HorizonX will enable Shift5 to capitalize on its momentum within the broader aviation ecosystem.

Cybersecurity Leader from Department of Energy, National Security Agency to Drive OT Cybersecurity Threat Intelligence Amid Era of Cyber-Physical Threats

$950 Million Contract Brings OT Cybersecurity Innovation to DoD Weapon Systems

Shift5 Raises $50M Series B Round to Secure Operational Technology in Critical Transportation and Weapon Systems

Shift5 Secures Contract with United States Special Operations Command and US Air Force to Support Mission Defense Teams and Enhance Weapon System Cyber Security

Amid high-impact cyberattacks targeting national infrastructure, 645 Ventures leads Series A investment to secure commercial and military transportation fleet systems

Shift5, Inc., an operational technology data and cybersecurity company, announces Larry Prior joins as the latest addition to their Board of Directors.

Former Tanium and Armis executives join the existing Shift5 team as Chief Revenue Officer, Chief Product Officer, Chief Technology Officer to implement and execute plans of promised growth.

Former Tanium and Armis executive joins Shift5 to drive product, engineering, sales, marketing, and operations – and accelerate growth- alongside Shift5 CEO, Josh Lospinoso, and Chief Growth Officer, Mike Weigand.