In June 2025, Battery Ventures General Partners Aaron Neil and Michael Brown published "Investing in Strength: The Case for Modern Defense Tech," articulating the firm's explicit support for defense technology investment. Battery views the DoD's $64B IT budget as a major opportunity and has backed companies selling to the DoD including Second Front Systems (DevSecOps for DoD) and Insitu (tactical drones, later acquired by Boeing). The thesis argues legacy prime contractors have become "deeply entrenched, leading to lackluster innovation."
#96 on the board
D
Battery Ventures
Venture FundConcerning25/100low confidence · 3 issues
2 opposed1 mixed
Technology investing since 1983. Groupon, Glassdoor, Wayfair backer.
AUM$13B+battery.com
The receipts (3)
What they funded (1)
Documented funding relationships. A cheque is a fact, not a verdict — these do not affect the grade above.