Gula Tech Adventures

Ron Gula and Cyndi Gula make all investment decisions as co-founders and managing partners. There is no external investment committee. Ron brings the technical and threat-intelligence lens from his tenure as Tenable's CEO and original author of the Nessus vulnerability scanner, while Cyndi focuses on portfolio company operations and go-to-market strategy. The lean structure means a single conversation with either partner can lead to a term sheet.

Cybersecurity is the core mandate and represents nearly all deployed capital. The firm has signaled secondary interest in AI applications for national security, but this is adjacent rather than a separate vertical. The Gulas have been explicit that they do not invest in crypto, consumer apps, or general SaaS — their thesis rests on the belief that their operational expertise in cybersecurity is their only durable edge in picking winners.