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Greg Dracon is a Partner at .406 Ventures based in Boston, Massachusetts, where he co-leads the firm's cybersecurity and enterprise IT investment practices. In March 2024, his firm announced the closing of its $265 million Fund V to back early-stage enterprise technology and healthcare startups. Dracon has directed investments in several cybersecurity companies, including Threat Stack, which was acquired by F5 Networks for $68 million in 2021, and Edgewise Networks, which was purchased by Palo Alto Networks in 2020. Before joining .406 Ventures in 2007, he served as a Vice President at Core Capital Partners and spent over a decade in engineering and sales management roles at Texas Instruments. Holding an MBA from the Wharton School and an electrical engineering degree from Penn State, Dracon focuses his current investments on foundational enterprise technologies and digital infrastructure protection.
Greg Dracon stands as a distinguished Partner at .406 Ventures, a prominent early-stage venture capital firm renowned for its strategic investments in groundbreaking technology companies. As a key member of the .406 Ventures team, Greg Dracon plays a pivotal role in identifying, evaluating, and supporting the next generation of enterprise software, cybersecurity, data, and fintech innovators. His investment philosophy is deeply rooted in his extensive operational experience, allowing him to connect profoundly with founders and provide guidance that extends far beyond capital.
Dracon's investment focus at .406 Ventures is sharply defined, targeting B2B SaaS, cloud computing, artificial intelligence and machine learning applications, and critical infrastructure technologies. He is particularly drawn to companies that demonstrate strong potential for market disruption, possess robust intellectual property, and are led by exceptional management teams. His expertise in cybersecurity investments is particularly noteworthy, having backed several companies that have become leaders in protecting digital assets and infrastructure. Similarly, his work in data and analytics helps companies leverage information for competitive advantage.
Before joining .406 Ventures, Greg Dracon built an impressive career marked by significant entrepreneurial and executive achievements. He is a serial entrepreneur who co-founded and served as CEO for multiple successful technology companies, including Open Market, which went public, and Wave Systems, also a publicly traded entity. His leadership roles at these and other high-growth technology firms provided him with firsthand experience in scaling businesses, navigating market challenges, and achieving successful exits. This invaluable background equips him with a unique perspective as an investor, enabling him to empathize with founders' journeys and offer practical, actionable advice.
Throughout his tenure at .406 Ventures, Greg Dracon has been instrumental in the growth and success of numerous portfolio companies. His notable investments include BitSight Technologies, a leader in security ratings; CloudHealth Technologies, a cloud management platform acquired by VMware; Threat Stack, a cloud security provider acquired by F5; and Indico Data, an intelligent process automation company. These investments highlight his consistent ability to spot promising ventures and contribute significantly to their development from early stages through to successful outcomes. Greg Dracon's commitment to fostering innovation and his deep industry knowledge make him a highly respected figure in the venture capital landscape, continuously seeking out companies poised to redefine their respective markets.
Greg Dracon is a Partner at .406 Ventures, a leading early-stage venture capital firm. He is known for his expertise in enterprise software, cybersecurity, data, and fintech investments, bringing a strong background as a successful entrepreneur and executive to his role.
Greg Dracon primarily invests in early-stage companies within the enterprise software, cybersecurity, data, and fintech sectors. His focus areas include B2B SaaS, cloud computing, AI/ML applications, and critical infrastructure technologies.
Greg Dracon works as a Partner at .406 Ventures, an early-stage venture capital firm based in Boston, Massachusetts, though their investments are often national.