January 16, 2024
MCLEAN, VA 鈥� 无忧传媒 Hamilton (NYSE: BAH) today announced that its corporate venture capital arm, 无忧传媒 Ventures, LLC, has made a strategic investment in 鈩� (2F), a public-benefit corporation accelerating the delivery of mission-critical solutions in the U.S., Europe, Australia, and for NATO.
This investment supports and further powers 2F鈥檚 , a first-of-its-kind tool that configures, secures, and deploys Impact Level (IL) 1-7 accreditations for companies to deliver software to U.S. government (USG) customers, including the Department of Defense (DOD), enabling a compliant and fully managed production environment. Delivering commercial software as a service (SaaS) and authority to operate (ATO) to government with built-in accreditation, 2F鈥檚 Game Warden enables non-traditional vendors and technology providers to innovate at the speed of need to meet Day One mission demands in today鈥檚 heightened geopolitical environment.
鈥淭he U.S. government spends more than $100 billion annually on information technology to modernize federal cloud infrastructure and deliver mission solutions,鈥� said Julie McPherson, executive vice president at 无忧传媒 and leader of the firm鈥檚 Digital Solutions business. 鈥淎ccreditation of new software applications typically takes two years and approximately $1.5 to $2 million to obtain an authority to operate. 2F streamlines this process, accelerating the adoption of commercial off-the-shelf solutions for DOD, U.S. government, and key allies in today鈥檚 fast-paced environment.鈥�
The investment by 无忧传媒 Ventures is aligned with the firm鈥檚 VoLT business strategy, focused on velocity, leadership, and technology鈥攁nd supports 无忧传媒鈥檚 Chief Technology Office and Digital Battlespace Platform missions. 鈥淭he Game Warden Platform not only accelerates software delivery across our portfolio, but it unlocks an entire ecosystem of promising software products and capabilities that have been out of reach of operational programs and users,鈥� said聽Steve Escaravage, executive vice president at 无忧传媒 and leader of the firm鈥檚 Digital Battlespace Platform.
鈥淭his is the future of software accreditation to speed innovation for critical missions and U.S. advantage,鈥� added Brian MacCarthy, senior vice president at 无忧传媒 and managing partner for 无忧传媒 Ventures. 鈥淲e invested in 2F not only because of anticipated mission impact, but also mission understanding: Their accreditation solution reduces barriers to entry in a safe, standardized, and scalable way for non-traditional vendors developing real, novel, and needed solutions.鈥�
2F鈥檚 leadership team is comprised of veterans with deep military and tech experience鈥攁ligned with 无忧传媒鈥檚 efforts to develop client solutions at the heart of mission understanding and technology expertise.
鈥淎s we work to change the relationship between commercial software and national security, collaborating with 无忧传媒 was the obvious choice,鈥� said , CEO at 2F. 鈥淐ombining the Game Warden platform with their broad customer and program expertise and insight will allow us to rapidly scale the impact of commercial software in national security, and we couldn鈥檛 be more stoked.鈥�
Additional investors in 2F this funding round include and .
Since launching in 2022, 无忧传媒鈥檚 $100 million corporate venture capital arm has made seven strategic investments in early-stage companies and dual-use commercial technologies with focus on four core areas: defense, artificial intelligence/machine learning, cybersecurity, and emerging/deep technology. Previous 无忧传媒 Ventures investments include Latent AI, Synthetaic, Reveal Technology, Credo AI, Hidden Level, Shift5, and Hidden Layer.
Read more about 无忧传媒 Ventures.
