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Suridata Acquired by Fortinet: A Win for Cybersecurity—and Our Investment Thesis

We’re excited to share our 21st successful exit: Suridata has been acquired by Fortinet. This isn’t just a win for the Suridata team—it’s a powerful validation of SixThirty’s approach to investing in the future of cybersecurity.

Backing a Rising Star in SaaS Security

When we led Suridata’s seed round in 2023, our thesis was simple: SaaS Security Posture Management (SSPM) was going to be big. As enterprises raced to adopt SaaS, most lacked visibility into risks like misconfigurations and data leakage. Suridata delivered exactly that—along with one-click remediation.

Suridata was led by Lee Kappon, who’s path—from Israel’s elite cyber defense unit to Big Four consulting to founder—embodied the kind of leadership we seek out. In an industry where female CEOs are still rare, especially in cybersecurity, her presence and performance were exceptional.

Alongside co-founder Haviv Ohayon, Lee built a strong technical team and commercial strategy that attracted major logos like ID.me, Bugcrowd, and Leaf Home.

And we weren’t alone—smart capital from New Era, ICONYC, and others joined us.

Channel Strategy Meets LP Synergy

Suridata didn’t just build great tech—they built smart partnerships. Notably, they teamed up with World Wide Technology (WWT), one of SixThirty’s Limited Partners, to drive go-to-market scale. That relationship created channel momentum, deepened enterprise trust, and showcased how the SixThirty network can unlock growth beyond capital.

By 2024, Suridata had also aligned with Fortinet. When Fortinet recognized a gap in their Secure Access Service Edge (SASE) offering, the Suridata partnership turned into something bigger: a strategic acquisition.

Why Fortinet Made the Move

Fortinet needed SSPM to round out its Unified SASE platform. Suridata filled the gap with automated SaaS risk discovery, continuous monitoring, and remediation. As Fortinet wrote, Suridata “enables enterprises to discover, monitor, and secure SaaS applications across environments.”

Coverage in BankInfoSecurity and Ynet confirms what we already knew: Suridata had built something essential.

The SixThirty Playbook in Action

Suridata’s exit reflects our investment strategy at its best:

  • Find real pain points.
  • Back elite teams early.
  • Leverage our LP network to accelerate growth.
  • Position for strategic outcomes.

This is what happens when capital, conviction, and community come together.