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Aei Horizonx Ventures Joins Shift5 Series B Funding Round

Jul 14, 2022about 3 years ago

Round Type

series b

ArlingtonManufacturingScience And Engineering

Description

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 oversubscribed Series B funding round led by Insight Partners. 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.“Amid a shifting regulatory environment, Shift5 brings to market a solution that has been long-needed in the aviation ecosystem,” said Brian Schettler, Partner, Head of AEI HorizonX. “The company’s ability to transform previously inaccessible data from within aircraft into useful insights, paired with the credibility of the company’s founders and its extensive work within the U.S. Department of Defense, make clear that Shift5 is blazing a trail that many will follow.”Shift5 unlocks the serial networks and data that control planes, trains, and tanks, providing visibility into fleet assets where operators have historically been locked out

Company Information

Company

AEI HorizonX

Location

Arlington, Massachusetts, United States

About

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.