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Collapse of national security elites’ cyber firm leaves bitter wake
IronNet, a cybersecurity startup, had promised it would combat hackers using a unique blend of expertise and software.
Among IronNet’s biggest early boosters was C5 Capital, an investment firm started and run by Andre Pienaar, a South African who had spent years serving the needs of the ultra-rich while cultivating business relationships with former top national security officials. C5’s operating partners – essentially expert advisers — include former Chairman of the U.S. Joint Chiefs of Staff Mike Mullen and Sir Iain Lobban, who used to lead the U.K.’s signals intelligence agency equivalent to the NSA. Prior to going into venture capital, Pienaar was a private investigator and started a firm called G3 Good Governance Group whose clients included blue chip companies, wealthy individuals and the British royal family.
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