As former Chief Information Security Officer at General Motors and Hewlett-Packard and as Global Cyber Head at Dell, Armor brings decades of first-hand expertise
New York, September 30, 2022 /PR Newswire/ — Option 3is a dedicated cybersecurity private equity firm that combines its heritage in the national security community with decades of expertise in the investment industry, today announced it is an industry veteran. Rich Armor Joined the Technology Board. In this role, Armor will provide insight and strategic direction on the firm’s investment strategy. The appointment comes at a time when Option3 is growing with its C2 mid-market cybersecurity private equity fund and focused investments in priority areas from insurance to military contracts.
Armor brings firsthand knowledge of the challenges faced by Chief Information Security Officers (CISOs) who held positions at General Motors from 2010-2012 and Hewett Packard from 2014-2019. Armor also played a similar global cyber role as Information. From 2000 until 2005 he was Director of Technology at Dell Computers.
“Rich brings the perspective of a real-world CISO with decades of experience at the forefront of cybersecurity. Manish Thakur, Founder and Managing Partner of Option3. “At a critical time for Option 3, he has joined us to set the strategy for and consider investing in the C2 Cyber Mid-Market Fund. Given the increased investment, we have particular respect for his service to the U.S. Air Force in the defense sector.” usa He served in the Air Force for 20 years from 1972 to 1992, where he led the team that developed the first Department of Defense-wide standard IT architecture.
“I am very pleased to be joining the Option3 team, especially as the technical committee sets the strategy for the C2 fund and expands opportunities in priority areas such as defense where I can add value,” said Armour. says. “Option3’s approach to the market is based on the real needs of his CISO, not the technologist, and this is reflected in his focus on the middle market where tomorrow’s champions and platforms will be created.”
About Option3
Option3 is a specialized cybersecurity private equity firm based in New York When Reston, Virginia It combines experience in the classified world of US national security with decades of experience in investments, capital markets and M&A. Since 2015, Option3 has invested in various innovative companies across the cyber ecosystem, primarily through his two investment portfolios. We are currently “pre-investing” from our new “C2” cybersecurity private equity fund. Unlike most cyber fund venture investments, C2 takes a dominant position in midsize companies and grows at scale. The fund leverages the operational experience of the Option3 team’s management team, including the chief executives of finance, marketing, technology and risk management. Option3’s investment strategy is informed by a long-standing technical committee ranging from former CIA chief information officer to former CIO of the Department of Defense, and an advisory board led by the former CEO of Lehman Brothers. For more information, please visit www.option3.com.
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