Enlightenment Capital backs cyber, electronic warfare outfit

Government market investment firm Enlightenment Capital has backed Cryptic Vector, a provider of cybersecurity and electronic warfare technology solutions to U.S. government agencies.

Cryptic Vector opened for business in 2018 and also describes itself as a designer and developer of radio frequency products that are low in size, weight and power. So-called SWaP systems are made with reduced overall dimensions but also intended to increase efficiency and lower overall footprints.

Cryptic Vector intends to use this added financial backing to further scale up its operations and fulfill demand of its national security customers in the Defense Department and intelligence communities.

“This partnership strengthens Cryptic Vector’s ability to continue to scale operations, invest in our capabilities, and successfully execute upcoming opportunities," Cryptic Vector CEO Sean Olding said in a release Wednesday.

“We are excited to partner with the Cryptic Vector leadership team and will continue to invest in the company to drive growth both organically and through M&A," added Devin Talbott, founder and managing partner of Enlightenment Capital.

In July, Cryptic Vector was one of 66 companies selected to join a potential $900 million contract vehicle with the Air Force that focuses on broad technology prototyping and development for multi-domain systems.

G Squared Capital Partners worked as the exclusive financial adviser to Cryptic Vector, whose legal counsel was Holland & Knight.

Moore & Van Allen acted as legal adviser to Enlightenment Capital and Morrison & Foerster provided government contracting legal advisory services.