We just heard the rumor that a new venture capital fund is currently fundraising for a pure-security technology fund: Spuukie Venture Partners [spooky]
This new fund is established by industry veterans who aim to invest in early stage companies, typically in Series-A rounds, worth $500K - $2m. While no geographic restrictions apply, the fund's partners mentioned to us that they will concentrate initially on the European countries and Asia as the VC/funding infrastructure in the USA is already highly developed for security start-ups, with VC funds as Paladin, NovakBiddle and In-Q-Tel.
Will keep you up-to-date with any news we hear about "Spuukie Venture Partners" also let us know if you know more than us about it. One thing is for sure, starting a security startup in Europe is going to get more excited now!