Trident Capital Cybersecurity (TCC), one of the world’s largest venture capital funds dedicated to cybersecurity, this week named Lisa Lee as chief financial officer. 

Based in San Mateo, California, the firm is a spinoff from Trident Capital, which began investing in technology security companies in 1998.

Lee has more than 20 years of experience as a senior financial executive leading venture capital companies. She comes to TCC from Firelake Capital Management in San Francisco, where she was also CFO. Firelake is also a venture capital firm that invests in early stage energy and clean technology startups. 

Previously, Lee was controller at venture capital firm Walden International. She earned a bachelor's degree in accounting from Golden Gate University in San Francisco.

"She has an excellent reputation as an accomplished financial executive with significant expertise in venture capital finance and fund management,” TCC co-founder and Managing Director J. Alberto Yépez said. “Her acumen and insights are integral to our growth and continued expansion."

TCC is a $300 million fund that invests exclusively in cybersecurity companies, making 34 such investments since its inception. Specifically, TCC focuses investments in the areas of internet, online payment security and fraud detection, next-generation identity platforms, behavioral analytics and privacy and security.

“Greater cybersecurity will enable economic growth and prosperity,” said Lee. “I'm very excited to join the firm at an obvious inflection point in its growth." 

Research released by the International Data Corp. shows companies will spend nearly $101.6 billion on cybersecurity software and other services by 2020, representing a 38 percent increase from 2016.