Why The Chainsmokers Invest in—and Party With—Niche Cybersecurity Companies

Do you feel like you're raising awareness for other investors that security and privacy issues impact everyone's lives and everyone's work?

You can easily invest in one really terrible cybersecurity company and say, 'We've made a huge mistake getting into this space.' So I think it's always been the strategy for us to be a part of the best businesses even if it's not the most exciting work to the average person when you read it on paper. And hopefully, we de-risk it a bit for others by investing in people who are far more experienced than us.

Our phones aren't always as secure as people think, especially for people like journalists, and politicians. Mobile device management is obviously a big issue, but there are lots of important people and organizations that probably don't focus enough on it. So it's critical that iVerify is a really powerful but also simple solution.

There's a lot of pressure on them. Not only do they have to make sure that everything's secure and safe and people are following the guidelines set by an organization, but the pace at which innovation is happening and you're adopting new technologies and bringing new software in—it's a lot of work while still keeping all the customers happy and hoping that the machine doesn't break down.

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