The latest from IronArc

PerimeterX Raises $57M Thumbnail

PerimeterX Raises $57M in Growth Capital Funding

PerimeterX, the leading provider of solutions that protect modern web apps at scale, today announced that it has secured $57 million in growth capital funding to expand into new geographies and vertical markets.

Pat Flynn
Co-founder & General Partner

Pat Flynn

Patrick Flynn is an accomplished investment professional with over 12 years of experience in private and public markets. He is the Founder and Co-General Partner at IronArc Ventures, focusing on AI-centric technologies.
Previously, Patrick was Managing Partner at Iron Pine Ventures, Partner at Accuidity, and Managing Director of Venture Capital at a leading multi-family office, where he raised and deployed over $350 million annually. Since 2014, he has raised and deployed over $5 billion across public and private markets, specializing in late-stage venture investments. His portfolio includes investments in SpaceX, Stripe, Palantir, Anthropic, Marqeta, Anduril Industries, Plaid, and Databricks, with successful IPOs and outstanding returns from companies like Zoom (ZM), Ginkgo Bioworks (DNA), and Coinbase (COIN). Additionally, he has invested in Flexport, Addepar, Netskope, Discord, Rubrik, Figma, Chime, and more, showcasing his broad influence in the industry. Patrick holds a Bachelor of Arts from Dartmouth College, where he was a two-time captain of the Varsity Lacrosse team and a member of the Varsity Rugby team.
Ish Dugal
Co-founder & General Partner

Ish Dugal

Ish Dugal has over 18 years of VC and growth capital investment experience with a focus on AI and Digital infrastructure. Before co-founding IronArc Ventures, he was the CIO of GoldenArc, a private investment firm. Ish has led investments of over $500M in companies like Anthropic, Scale AI, xAI, Groq, DigitalOcean (DOCN), Rubrik (RBRK), Robinhood (HOOD), Netskope, and Marqeta (MQ). He has invested in 30+ companies and contributed to six IPOs. His track record includes top-decile or top-quartile IRR, TVPI, and DPI performance. Previously, he was Sr. Investment Director at RN Group, a $10B tech focused fund. Earlier, he was an Associate at Paladin Capital Group, a PE and VC firm with over $2B in assets. Ish has served on the boards of several public and private companies. Ish holds an MBA from The Wharton School and a B.S. with High Honors from the University of Maryland, College Park.