Bessemer Venture Partners has begun investing in PhishMe, Distil Networks and Virtru, three Washington-based cybersecurity firms, The Washington Post reports. “The engineers in Silicon Valley don’t really understand the anatomy of a cyberattack,” said Bessemer partner David Cowan. “There are people around [Washington] who invented the anatomy of a cyberattack. The only place to find people with operational cyber expertise is within driving distance of [the National Security Agency’s building at] Fort Meade.” He added that the quick pace of technological growth necessitates older, larger companies buying security-savvy start-ups to stay safe. Bessemer recently raised a combined $92.5 million in funds for the three companies, the report states. (Registration may be required to access this story.)
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