# DEV Capital

> DEV Capital is a VC fund in Reston backing Cyber Security and Software. See 12 investments, check sizes, portfolio and contact details. Updated Sep 2026.

- Type: VC Fund
- Location: Reston, United States
- Total investments: 12
- Last investment: May 2025
- Lead investor: 17%
- Last updated: Sep 2026
- LinkedIn: https://linkedin.com/company/devcapital/
- Website: https://x.com/DEVCapitalDC

DEV Capital is a VC fund in Reston focused on Cyber Security and Software. We look to understand the exponential technological, scientific, and geopolitical factors that will impact the future as well as the phenomena on the edge that could present unexpected challenges or opportunities. Operators of the Hack Factory start-up studio in the Washington DC area.

## Contacts

5 contacts available for DEV Capital. Shizune tracks 1 team members at DEV Capital. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/dev-capital?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Cyber Security | 7 | 58% |
| Software | 5 | 42% |
| Information Technology | 5 | 42% |
| Artificial Intelligence | 3 | 25% |
| SaaS | 2 | 17% |

26 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 10 | 83% |
| Pre-Seed | 1 | 8% |
| Series A | 1 | 8% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 10 | 83% |
| United Kingdom | 1 | 8% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Matt Devost | Managing Partner | 19 | https://shizune.co/investors/profile/matt-devost |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Kovr.ai | Kovr.ai serves as a compliance copilot, allowing firms in highly regulated industries to rapidly adapt to changing regulatory frameworks and attain Authorization to Operate (ATO) readiness in minutes. | $3.6M | Seed | May 14, 2025 |  |
| Snowstorm | Snowflake is decentralized and is deployed as a pluggable transport for Tor. | $3M | Seed | Jul 19, 2023 |  |
| DEVSEC | DEVSEC utilizes unique data collection capabilities enriched with machine learning and AI to provide unique analysis, research, and investigations. |  | Pre-Seed | Jan 22, 2023 |  |
| Hack Factory | Start-up Studio: We build companies based on new ideas and engage in rapid technology prototyping to enable disruptive solutions for a variety of complex problems and opportunities.Growth Labs & Co-working: Established companies or new ideas looking for that extra boost can participate in our growth labs for meaninful mentoring, growth andstrategy advisory, and networking support. We provide capital, office space, and access to experts depending on your specific needs. Just want a cool place to work with great amenities and gigabit internet for your start-up, development work, or daytrading? We will offer a limited number of co-working offices and open desks.Brainstorming Community: Like Andy Warhol's famous Factory, we bring together the hackers, thinkers, strategists, disruptors, leaders, technologists, and creators for unique events on a variety of issues. |  | Seed | Jun 01, 2022 |  |
| Vollebak | Vollebak sells clothing products. That products include shirts, hoodies, jackets, shorts, accessories, and vests. They allow consumers to directly buy goods or services from a seller over the internet using a web browser or a mobile app. Their products serve consumers. | $10M | Series A | Nov 24, 2021 |  |
| Hubble | Hubble is a sector-defining SaaS platform that enables digital transformation and operational rigor. Through helping their customers become more secure, robust, and compliant, we can permanently solve the problem of technology asset visibility, laying the foundation for their digital transformation. |  | Seed | Aug 01, 2020 |  |
| Fuzzbuzz | Fuzzbuzz is a security platform that protects various software from digital hacks or attacks. It integrates fuzzing into DevOps workflow by automating away complex infrastructure management and setup and connecting with tools. The platform gives alerts when bugs are found, deduplicates, and categorizes them to cut out the noise and false positives,and allows them to easily analyze them via the web UI.Fuzzbuzz was founded in 2018 and is headquartered in Redwood City, California. | $2.7M | Seed | Apr 18, 2019 |  |
| Ligandal | Ligandal's mission is to create precision delivery platform to cure and treat disease. We are driving the discovery and delivery of a broad array of gene therapies, genetic materials, and gene-specific payloads with unprecedented precision at the cellular and sub-cellular level. Our ligand discovery engine allows for rapid design ofdiagnostically-responsive materials, capable of shuttling a variety of nucleic acid and protein payloads (including CRISPR and mRNA) to specific cell types. We are initially applying this technology to indications in hematology, immuno-oncology, and infectious disease. | $1.8M | Seed | Feb 01, 2019 |  |
| SCYTHE | SCYTHE is the adversary emulation platform for the enterprise and cybersecurity market. The SCYTHE platform enables Red, Blue, and Purple teams to build and emulate real-world adversarial campaigns in a matter of minutes. SCYTHE allows organizations to continuously assess their risk posture and exposure. CTEM - continuous threat exposuremanagement. The platform automates real-world threat intelligence, validates technical security controls, and prioritizes vulnerabilities. | $3M | Seed | Sep 17, 2018 |  |
| Bluelava | Blue Lava is the leading cybersecurity program management solution enabling enterprise security and IT teams to effectively strategize, prioritize, and budget core cybersecurity programs. It enables visibility into the full enterprise IT infrastructure - highlighting and quantifying the strengths and weaknesses of supporting technology, people, andprocesses and provides for what-if scenario modeling and risk analysis. In addition, Blue Lava delivers these results quickly and easily without the need for expansive professional service engagements and enables CISOs/CIOs to communicate them with confidence to the board or other executives using a standard NIST CF format or Blue Lava's own rich CMM format. Blue Lava is the fastest way to build a high-performance cybersecurity program. |  | Seed | Feb 12, 2018 |  |

10 of 12 investments shown.

## Co-investors
- OODA — VC Fund, 4 deals together
- Hack Factory — VC Fund, 2 deals together
- [Accel](https://shizune.co/investors/profile/accel) — VC Fund, 1 deal together
- [Battery Ventures](https://shizune.co/investors/profile/battery-ventures) — VC Fund, 1 deal together
- [Cabrit Capital](https://shizune.co/investors/profile/cabrit-capital) — VC Fund, 1 deal together
- [Costanoa Ventures](https://shizune.co/investors/profile/costanoaventures) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does DEV Capital invest in?

DEV Capital invests primarily in Cyber Security, Software and Information Technology startups, most often at Seed and Pre-Seed stage. Most of the 12 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact DEV Capital?

Public channels for DEV Capital include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at DEV Capital?

The team at DEV Capital includes Matt Devost (Managing Partner). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Sep 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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