About TechOperators
TechOperators is a venture capital firm founded in 2008. It is primarily based out of Atlanta, United States. As of Apr 2026, TechOperators is an active investor, having invested in 35 companies, with 1 new investment in the last 12 months. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Enterprise Infrastructure. Most recently it participated in the $***** Seed round of Spectrum Overall, TechOperators portfolio has seen 17 acquisitions including key companies like Evo Security, Phantom Cyber and Flashpoint. A lot of funds co-invest with TechOperators, with names like Atlanta Technology Angels sharing a substantial percentage of its portfolio. TechOperators has team of 10 people including 2 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 1 more
Portfolio Acquisitions
TechOperators' List of Top Investments
TechOperators has a portfolio of 35 companies. Their most notable investments are in SpotRight and Matcha.Their portfolio spans across United States and Ireland. They have invested in Enterprise Applications, High Tech, Enterprise Infrastructure and 13 other sectors, across stages such as Series A, Seed and 1 more. Here is the list of top investments by TechOperators:1. Todyl
Todyl provides SASE networking security solutions. The product offered by the company is software that protects the computer by leveraging the AI-based cloud analysis engine. Solution cover anti-virus, firewall, threat monitoring & prevention, device hardening & patching, and backup & recovery. Focused on the protection against ransomware, email attacks, device take over, and data breaches. Other services include cyber response & support team.
Key facts about Todyl
- Founded Year: 2015
- Location: New York City (United States)
- Stage: Series B
- Total Funding till date: $83.9M
- Employee Count: 120 as on Aug 31, 2026
- Investors: StoneMill Ventures, TechOperators and 3 Others
- Latest Funding Round: Series B, Feb 09, 2024, $*****
- Highlight: Editors' Pick
2. Evo Security
Cloud based multi factor authentication solutions. The product offered by the company is Evo Authenticator. The features of the product include multi cloud authentication, protection from login breaches, integration and robust API. It also provides multi factor authentication and customization. The application is available in the Google Play and Apple Store.
Key facts about Evo Security
- Founded Year: 2018
- Location: Austin (United States)
- Stage: Acquired
- Total Funding till date: $15.4M
- Employee Count: 21 as on Aug 31, 2026
- Investors: Prelude Ventures, TechOperators and 6 Others
- Latest Funding Round: Series A, May 06, 2024, $*****
- Highlight: Acquired
Security automation & orchestration platform for incident response. The solution delivers a playbook and workflow model built over rules of engagement, approval authorities, and escalations for the control of the entire incident response lifecycle. The platform automates and orchestrates the key stages of security operations from prevention to triage and resolution. The system integrates with the existing security investments and IT infrastructure leveraging an open, integrated, and extensible platform.
Key facts about Phantom Cyber
- Founded Year: 2014
- Location: Palo Alto (United States)
- Stage: Acquired
- Total Funding till date: $22.7M
- Employee Count: 10 - 49 as on Mar 01, 2026
- Investors: Foundation Capital, Kleiner Perkins and 6 Others
- Latest Funding Round: Series B, Jan 10, 2017, $*****
- Highlight: Acquired
4. Flashpoint
Provider of threat intelligence platform, vulnerability intelligence, and security solutions. It delivers data collections, analyst-driven enrichment, and collaboration tools. The platform helps teams identify and remediate cyber threats, vulnerability, and physical security risks. Services include managed intelligence, professional services, and enhanced monitoring solutions. It supports various industries, offering tailored support and expert guidance.
Key facts about Flashpoint
- Founded Year: 2010
- Location: New York City (United States)
- Stage: Acquired
- Total Funding till date: $49M
- Employee Count: 1 as on Aug 31, 2026
- Investors: Georgian, BMO and 10 Others
- Latest Funding Round: Conventional Debt, Oct 16, 2019, $*****
- Highlight: Acquired
Ionic Security is a cloud data security solutions provider. The product offered by the company is a distributed data protection platform to encrypt, control, and protect data across devices, applications, and the cloud. The solution is even available as SDK and API to integrate with existing systems and applications.
Key facts about Ionic Security
- Founded Year: 2011
- Location: Atlanta (United States)
- Stage: Acquired
- Total Funding till date: $233M
- Employee Count: 22 as on Jun 30, 2026
- Investors: Meritech, Icon Ventures and 27 Others
- Latest Funding Round: Series E, Jun 19, 2020, $*****
- Highlight: Acquired
TechOperators' Year-on-Year Investment Trends
TechOperators has invested in 35 companies over the last 17 years, with an average of 2 new investments annually in the last 10 years. In 2025, it made 2 investments, while as of Apr 2026, it has made 1 investment in this year. Its most recent first time investment was in Spectrum and most recent follow-on round was in BlackCloak.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 2 | 0 | 2 |
2024 | 2 | 3 | 5 |
2023 | 0 | 0 | 0 |
2022 | 3 | 1 | 4 |
2021 | 2 | 1 | 3 |
2020 | 0 | 0 | 0 |
2019 | 2 | 1 | 3 |
2018 | 5 | 3 | 8 |
2017 | 1 | 4 | 5 |
TechOperators' Investments by Stage
TechOperators has made 25 investments in Series A stage with an average round size of $8.18M, 5 investments in Seed stage with an average round size of $7.99M and 2 investments in Series B stage with an average round size of $5.6M.Stage of entry | No. of Investments |
|---|---|
Series A | 25 |
Seed | 5 |
Series B | 2 |
Note: We have considered here, only first round of investments
TechOperators' Investments by Sector
TechOperators has a diverse portfolio, with companies operating in the Enterprise Applications, Enterprise Infrastructure, High Tech, Vertical SaaS and FinTech. Notably, it has invested in 32 Enterprise (B2B) companies, 32 Tech companies, 28 Software companies and at least 18 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 27 |
Enterprise Infrastructure | 14 |
High Tech | 5 |
Vertical SaaS | 5 |
FinTech | 4 |
Others | 19 |
Note: We have considered here, only first round of investments
TechOperators' Investments by Geography
TechOperators has made most investments in United States (31), followed by Ireland where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 31 |
Ireland | 1 |
Note: We have considered here, only first round of investments
TechOperators' recent investments
TechOperators has made 1 investments in 2026 so far - Spectrum.Here are the most recent investments by TechOperators:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 24, 2026 | United States | Seed | 8101 | ||
Jan 24, 2025 | United States | Seed | 5988 | [+4] | |
Jan 03, 2025 | Ireland | Seed | 6697 | [+3] | |
Sep 17, 2024 | United States | Series B | 8490 | [+2] | |
Jul 31, 2024 | United States | Series A | 4481 | [+1] |
Acquired companies in TechOperators' Portfolio
17 companies from TechOperators' portfolio have been acquired. The most recent acquisition was Evo Security in Jul 2026 by Barracuda for $*****.Here are TechOperators' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 07, 2026 | May 06, 2024 | Series A | 4072 | |
Jan 06, 2025 | Jun 23, 2021 | Seed | 1352 | |
Jul 09, 2024 | Aug 12, 2019 | Series A | 6311 | |
Feb 19, 2024 | Mar 30, 2018 | Series A | 2433 | |
Aug 29, 2023 | Sep 07, 2018 | Series A | 1418 |
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Team profile of TechOperators
TechOperators has a team of 10 members including 2 Partners and 1 Principal located in United States. TechOperators' team sits on the board of 2 companies.Here is a list of all team members in TechOperators:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Atlanta | |||
Partner | Atlanta | - | - | |
Principal | Atlanta | - |
Co-investors of TechOperators
Over the past 17 years, 152 investors have co-invested in TechOperators's portfolio companies. This includes funds and angels.
- Invested before TechOperators: SCV, Georgia Institute of Technology and 34 others have invested in rounds before TechOperators. There are 2 companies where SCV has invested before TechOperators and 2 companies where Georgia Institute of Technology has invested before TechOperators.
- Top Co-investors of TechOperators: 63 investors entered a company along with TechOperators. These include investors like Atlanta Technology Angels (3 companies).
- Invested after TechOperators: A total of 53 investors have invested in TechOperators's portfolio after their investments. Top Investors include Harbert Management (2 companies), Base10 Partners (1 company) and In-Q-Tel (1 company).
Recent News related to TechOperators
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Spectrum Security Emerges From Stealth Mode With $19 MillionSecurityWeek•Apr 28, 2026•TechOperators, Spectrum
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Spectrum Security Reinvents Threat Detection For The AI EraAccess Newswire•Apr 22, 2026•Spectrum Security, TechOperators, WhiteRabbit Ventures, Alumni Ventures
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Jentic investment round raises €4mTechCentral Ireland•Jan 03, 2025•Jentic, Elkstone, Sure Valley Ventures, TechOperators and 1 other
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Evo Security Announces Series A Capital Raise Led by TechOperatorsPR Newswire•Jul 24, 2024•Evo Security, TechOperators, Sorenson Capital, SCV and 4 others
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Reach Security Raises $20M to Help Manage Cybersecurity ProductsSecurityWeek•Mar 08, 2024•Reach Security, Ballistic Ventures, Artisanal Ventures, Webb Investment Network and 4 others
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Todyl Raises $50M in Series B FundingBusiness Wire•Mar 07, 2024•Todyl, Base10 Partners, Anthos Capital, TechOperators and 1 other
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