Vannevar Labs: Raises $12M in Series A Funding

Vannevar Labs Raises $12M in Series A Funding

• Vannevar Labs, a Palo Alto, CA-based provider of technology to solve critical national security problems, raised $12M in Series A funding
• The round was co-led by Costanoa Ventures and Point72 Ventures with participation from General Catalyst
• John Doyle, head of Palantir’s national security business, and Greg Sands, founder of Costanoa Ventures will be joining the Vannevar board
• The company plans to use this latest funding to nearly double the team and invest in new product development
• The company Labs is advancing national defense technology by combining software engineering talent with decades of government mission experience
• The company’s first product, Decrypt, has been deployed across nearly a dozen of the most important groups in the government since launching in January of this year