#United States #Bozeman #Ballistic Ventures #Reveal Technology #Identifi

Introduction

Reveal Technology, a pioneering defense technology enterprise founded by veterans, has successfully concluded a $30 million Series B funding round, led by the venture capital firm Ballistic Ventures. This investment highlights a growing confidence in the company's innovative approach to providing battlefield-ready solutions that enhance situational awareness and decision-making for military and law enforcement personnel. The funding was also backed by a range of investors including defy.vc, Booz Allen Ventures, Shield Capital, Next Frontier Capital, and Madison Valley Partners.

Company Background

Founded in December 2018, Reveal Technology emerged from a collaboration between former U.S. Marine Corps officers and Stanford technologists, aimed at addressing critical operational technology gaps identified during combat scenarios. The driving force behind Reveal's development is a commitment to equip frontline users with tools that function effectively in contested environments, particularly where connectivity is unreliable.

Product Offerings

Reveal's flagship offerings include Farsight and Identifi. Farsight is a tactical mapping software that transforms drone footage into 3D maps, usable on smartphones without the need for internet access. This approach is crucial for operations in remote areas where connectivity might not be guaranteed. Identifi, on the other hand, is a mobile biometric system designed for identity verification in the field, particularly useful for special operations forces and other military units.

Significant Impact

The company's growth has been remarkable, with revenue increasing tenfold year over year, demonstrating a strong market demand for its products. Reveal's technology is currently utilized by a variety of users including the U.S. Army, Special Operations Command, Marine Corps, and several allied foreign military forces. Notable deployments include Farsight's integration across various Marine Corps units and its adoption within the Army's Nett Warrior program. Moreover, Identifi systems are in active production for multiple U.S. special operations units, emphasizing Reveal's pivotal role in modern defense efforts.

New Investment and Leadership

The recent funding round sees Kevin Mandia, Co-founder and General Partner of Ballistic Ventures, joining Reveal's board of directors. Mandia, a notable figure in cybersecurity and a former Air Force officer, brings a wealth of experience in national security and military technology adaptation. He joins other prominent figures on the board, including General Peter Pace, former Chairman of the Joint Chiefs of Staff.
Mandia expressed great enthusiasm for the technology developed by Reveal, stating, "On the frontlines, whether in global conflict or public safety operations, access to the best intelligence offline is vital. That's what Reveal provides."

Future Directions

With the current financial backing, Reveal Technology aims to expand its product portfolio into electronic warfare, cyber domains, and technologies that enable enhanced autonomy for tactical robotics. CEO Garrett Smith emphasized the importance of building solutions that maintain functionality even when traditional systems fail. "Investors are recognizing what operators have known all along: the most valuable tools are the ones that work when everything else breaks down," said Smith.

Conclusion

As Reveal Technology continues to establish itself in the defense technology sector, it seeks to nurture a new generation of innovations that align closely with the needs of military dynamic environments. The funding and leadership expansion signify a step towards the company's commitment to delivering cutting-edge, decentralized solutions for national security. With the strategic experience of its board members and the innovative spirit of its founding team, Reveal is poised for continuous growth and influence in the realm of defense technology.