{"id":47561,"date":"2022-07-14T19:30:17","date_gmt":"2022-07-14T19:30:17","guid":{"rendered":"https:\/\/www.darkreading.com\/operations\/aei-horizonx-ventures-joins-shift5-series-b-funding-round"},"modified":"2022-07-14T19:30:17","modified_gmt":"2022-07-14T19:30:17","slug":"aei-horizonx-ventures-joins-shift5-series-b-funding-round","status":"publish","type":"post","link":"https:\/\/www.threatshub.org\/blog\/aei-horizonx-ventures-joins-shift5-series-b-funding-round\/","title":{"rendered":"AEI HorizonX Ventures Joins Shift5 Series B Funding Round"},"content":{"rendered":"<div><img decoding=\"async\" src=\"https:\/\/beta.darkreading.com\/images\/og-image.jpg\" class=\"ff-og-image-inserted\"><\/div>\n<p>Arlington, VA, July 14, 2022 (GLOBE NEWSWIRE) &#8212; Shift5, the OT cybersecurity company that defends military platforms and critical transportation systems from cyberattacks, today announced that <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=SXqqSePFRcdExSAmTmYhnznueXDTc0Z3tnUqnM_7h6d0Sb4_d8LA0vUeSrq0KeT8K75F3sQh3JSLkxbpnIXiGg==\" rel=\"nofollow noopener\" target=\"_blank\" title=\"AEI\">AEI <\/a><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=L1kKJwlXM6l1CPTmvWh79xZkuregDd-WtXKpgQBlShwoVUkBOJriicozZPQN1OUKTxtygZr70tfVSS77KPfkWAh_uZCtl2_8ZcCM20tSWes=\" rel=\"nofollow noopener\" target=\"_blank\" title=\"HorizonX\">HorizonX<\/a>, AE Industrial Partners\u2019 venture capital group formed in partnership with The Boeing Company, has joined the company as an investor in its oversubscribed <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=I0f-sUlsr15NKrXDWYML9EiW0ZxNBjmCqIsWMehry2ZjY_1YRbITG8nE-KZOWuLcq1JWxN30HPDUIaA0FcKC5XJ69X2vx8Tbg42kAGvjBLzqYjQDJO8oNqkTPTSvQI1CLaJiaRv3ymlz61RyxXg1HpaQcFwoRsV3sihcCVyhI8_ZDtZ0E9L09inla-4d0ViYrAMLmTPPKx5db7mMUskJQRdTyOEXhsGmuF1950s8HS0ZEXr_hIQmRo26_xIk13uC5t4b25FjhINa1RdfBf7Oww==\" rel=\"nofollow noopener\" target=\"_blank\">Series B funding round <\/a>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.<\/p>\n<p>\u201cAmid a shifting regulatory environment, Shift5 brings to market a solution that has been long-needed in the aviation ecosystem,\u201d said Brian Schettler, Partner, Head of AEI HorizonX. \u201cThe company\u2019s ability to transform previously inaccessible data from within aircraft into useful insights, paired with the credibility of the company\u2019s founders and its extensive work within the U.S. Department of Defense, make clear that Shift5 is blazing a trail that many will follow.\u201d<\/p>\n<p>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. Shift5 allows operators to gain complete observability, detect threats, and maintain resilience of operational technology (OT) systems as cyber-physical attacks become an increasingly attractive strategy for digital attackers. By providing visibility into the data that powers their most expensive, longest-lived, and most consequential fleet assets, Shift5 allows rail, aerospace, and defense companies to make data-informed decisions once considered impossible, to improve cybersecurity and increase operational efficiency.<\/p>\n<p>\u201cAs security leaders from CISA and FBI warn critical infrastructure operators about the risk of cyberattacks, it\u2019s imperative that the transportation and defense industries heed these warnings,\u201d said Josh Lospinoso, CEO and co-founder, Shift5. \u201cThe only way for aerospace and defense operators to ensure the resiliency of their business-critical assets is by gaining complete visibility into them. Access to OT data enables teams to have more productive discussions and make mission-critical decisions in real-time. We\u2019re thrilled to work with AEI to bring modern cybersecurity capabilities and situational awareness to planes, trains, and tanks.\u201d<\/p>\n<p>\u201cThere\u2019s a direct correlation between the OT data Shift5 can access and value delivered to an organization. The depth of access, accuracy of information, and usability of insights enable customers to gain federal compliance with strict industry regulations, make smarter business decisions, and enable greater safety aboard fleet assets,\u201d said Joe Lea, President, Shift5. \u201cWorking with AEI will amplify our ability to help aerospace and defense organizations capitalize on the data existing above the wheels of their planes and weapon systems.\u201d<\/p>\n<p>To learn more about how the Shift5 is unlocking operational technology (OT) to help the world\u2019s transportation and weapon systems defend against cyberattacks and improve operations, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=dbsqLjO1HIVqfteqJ8sWF8DGGK7BxBaVjClkukFksLy09KHeYNlQ3mxmYgTkYJsxHaWseYO-xjmvcdqpw1YCAg==\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/shift5.io<\/a>.<\/p>\n<p><strong>About Shift5<\/strong><br \/>Shift5 is the OT cybersecurity company that protects the world\u2019s transportation infrastructure and weapons systems from cyberattacks. Created by founding members of the U.S. Army Cyber Command who pioneered modern weapons system cyber assessments, Shift5 defends military platforms and commercial transportation systems against malicious actors and operational failures. Customers rely on Shift5 to detect threats and maintain the resilience of a wide variety of operational technology systems, including aviation, rail and metro, defense, helicopters, and other heavy fleet machinery. For more information, visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=dbsqLjO1HIVqfteqJ8sWF4GtiIMii8mIq6WNeluc2T1JJ4bJp9iB2BXeaSGwxDMfhxHe42nsmkn4WQmW_G8TWQ==\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/shift5.io<\/a>.<\/p>\n<p><strong>About AE Industrial Partners<br \/><\/strong>AE Industrial Partners is a private equity firm specializing in aerospace, defense &amp; government services, space, power &amp; utility services, and specialty industrial markets. AE Industrial Partners invests in market-leading companies that can benefit from its deep industry knowledge, operating experience, and relationships throughout its target markets. AE Industrial Partners is a signatory to the United Nations Principles for Responsible Investment and the ILPA Diversity in Action initiative. For more information, visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=dbsqLjO1HIVqfteqJ8sWFxCf3t8yHTeVlOLv5yOXhr0pz_60IS0vB17FAnIdb0DBCCV25EtmAmNX6Z8DDD2Yzt2F2AWO4m706Fqc7E41Rr0=\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/www.aeroequity.com<\/a>.<\/p>\n<p>Read More <a href=\"https:\/\/www.darkreading.com\/operations\/aei-horizonx-ventures-joins-shift5-series-b-funding-round\">HERE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investment bolsters Shift5\u2019s traction within commercial aerospace and defense industries.Read More <a href=\"https:\/\/www.darkreading.com\/operations\/aei-horizonx-ventures-joins-shift5-series-b-funding-round\">HERE<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"colormag_page_layout":"default_layout","footnotes":""},"categories":[151],"tags":[],"class_list":["post-47561","post","type-post","status-publish","format-standard","hentry","category-darkreading-ti"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>AEI HorizonX Ventures Joins Shift5 Series B Funding Round 2026 | ThreatsHub Cybersecurity News<\/title>\n<meta name=\"description\" content=\"ThreatsHub Cybersecurity News | ThreatsHub.org | Cloud Security &amp; Cyber Threats Analysis Hub. 100% Free OSINT Threat Intelligent and Cybersecurity News.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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