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AlgoSec
AlgoSec is a cybersecurity firm based in Petah Tikva, Israel, established in 2004. It aims to secure application connectivity globally. The company has secured...
AlgoSec
AlgoSec is a cybersecurity firm based in Petah Tikva, Israel, established in 2004. It aims to secure application connectivity globally. The company has secured $36 million in total funding.
General information
Firm type
Asset Manager
Year founded
2004
Location
Region
North America
Country
United States
City
Ridgefield Park
Corporate office
Ridgefield Park, NJ, United States
Principals
Avi Chesla
CEO
Yoram Salinger
CTO
Sector focus
Frequently asked questions
Who runs investment decisions at AlgoSec?
AlgoSec's executive team, led by CEO Avi Chesla, manages the company's strategic direction. Since the 2023 acquisition by Turn/River Capital, the private equity firm's investment committee and operating partners oversee capital allocation and portfolio strategy.
How does AlgoSec source proprietary deal flow?
AlgoSec does not operate as an investment firm; it is a cybersecurity software vendor. Its 'deal flow' is customer sales, which come through direct enterprise sales and channel partner relationships. The 2023 acquisition was sourced by Turn/River Capital, not by AlgoSec itself.
Is AlgoSec structured as a single family office or does it operate more like a venture firm?
AlgoSec is neither. It is a private corporation — originally founder-owned, now a portfolio company of Turn/River Capital. It does not manage outside capital or operate as an investment vehicle.
What investment stages does AlgoSec typically target?
AlgoSec does not target investment stages. Its software platform is sold to enterprises of all sizes for network security operations. The company itself was a mature, profitable vendor at the time of its PE acquisition.
Which sectors does AlgoSec explicitly avoid?
AlgoSec does not publicly disclose sectors it avoids. Its platform has been adopted across regulated industries such as finance and healthcare; there is no evidence it excludes any vertical.
How is AlgoSec related to Turn/River Capital?
AlgoSec is a wholly owned portfolio company of Turn/River Capital, a software-focused private equity firm that acquired it in 2023. Post-acquisition, AlgoSec operates as a standalone entity within Turn/River's cybersecurity investment group.
Where does the underlying wealth come from?
The wealth behind AlgoSec is not derived from a family or single principal. The company's ownership was diversified among its founders and early employees before its PE acquisition; Turn/River Capital's fund is the current owner.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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