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Private companiesTracked

Second Front Systems

Arlington, VA

Second Front Systems runs Game Warden, a managed platform that gets commercial software accredited and deployed on US and allied government networks. It is a public-benefit company founded by former Marines.

Profile

What it builds and who buys it

  • ·Game Warden is authorized for FedRAMP Class D (High), Department of War IL2 to IL6, JWICS, GovRAMP, UK MOD and NATO, according to the company.Second Front Systems (company site)
  • ·In February 2026 Game Warden became available on AWS Marketplace under the Joint Warfighting Cloud Capability contract, the first software platform authorized at IL5 for AWS GovCloud under it.Second Front Systems (company release), Feb 12, 2026
  • ·In May 2026 it received an Authority to Operate for NATO UNCLASSIFIED from NATO’s DIANA accelerator, after deploying a DIANA learning management system in 17 days.Second Front Systems (company release), May 27, 2026
  • ·Microsoft, Amazon Web Services, Learn to Win and DEFCON AI use Game Warden, according to the company.Second Front Systems (company release), Sep 13, 2024
  • ·Booz Allen Hamilton invested through Booz Allen Ventures in January 2024, to run commercial software through Game Warden’s pipelines on its defense programs.Second Front Systems (company release), Jan 16, 2024
  • ·Under a January 2025 partnership, Saab, Inc. uses 2F Frontier to deploy and retrain its computer vision software on the Enforcer 3.1 autonomous test vessel.Second Front Systems (company release), Jan 22, 2025
  • ·The company is a public benefit corporation and says it publishes transparent pricing.Second Front Systems (company site)

Founders and leadership

  • Peter DixonFounder

    A former Marine Corps major and platoon commander who worked with In-Q-Tel and DARPA on counter-cartel and counter-insurgency technology. He led the company as chief executive until July 2023, when Tyler Sweatt succeeded him and he became executive chairman.Washington Technology, Jul 9, 2020

Funding

Last valuation

No citable valuation

Last round or tender

$70Mraised

Series CSecond Front Systems (company release), Sep 13, 2024

Led by Salesforce Ventures, with Battery Ventures new and NEA, Moore Strategic Ventures and Artis Ventures returning. The Form D for an equity offering begun September 5, 2024 records $70.0 million sold to 7 investors, the whole offering. No valuation was stated.

Latest revenue figure

—

Valuation to revenue

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Post-money valuation by round

Fewer than two dated figures on file to plot; the table carries what there is.

DateRoundRaisedPost-money
Sep 13, 2024Series CLed by Salesforce Ventures, with Battery Ventures new and NEA, Moore Strategic Ventures and Artis Ventures returning. The Form D for an equity offering begun September 5, 2024 records $70.0 million sold to 7 investors, the whole offering. No valuation was stated.$70M—
Jan 16, 2024Strategic investmentAn investment from Booz Allen Ventures, the corporate venture arm of Booz Allen Hamilton. No amount or valuation was stated.——
Nov 28, 2023Series BLed by NEA, with Moore Strategic Ventures and AE Industrial Partners HorizonX; the company put total funding at $80.1 million. The Form D for an equity offering begun November 22, 2023 records $33.4 million sold to 4 investors of $40.0 million offered. No valuation was stated.$40M—
Feb 8, 2023Series A (second close)A strategic investment from UK-based GALLOS Technologies, announced as a secondary close of the Series A to fund entry into the UK market.$2M—
Dec 7, 2022Series ALed by Moore Strategic Ventures and co-led by AEI HorizonX, with every existing investor participating. The Form D for an equity offering begun October 28, 2022 records $19.1 million sold to 7 investors of $20.0 million offered. No valuation was stated.$32M—
Jan 27, 2021Seed extensionAn oversubscribed extension to the $6 million seed round, which the release headline puts at $8.1 million in total, with all existing investors and a new strategic investment from Pallas Ventures. No valuation was stated.$2M—
Jul 9, 2020SeedWashington Technology reported an oversubscribed $6 million seed round led by ARTIS Ventures, with Kleiner Perkins, 8VC, Gula Tech Adventures and Abstract Ventures. The Form D for an equity offering begun June 29, 2020 records $2.6 million sold to 8 investors of $6.1 million offered. No valuation was stated.$6M—

Primary capital across the rounds on file: $152M

Revenue

No citable revenue figure on file.

Secondary venues

  • Caplightpublic page seen Oct 15, 2026

    No price on the public page.

    No public MarketPrice: historical pricing is behind a login, and the page says no recent secondary market data is available. It shows an estimated valuation of $750 million, an aggregator’s figure.

  • Clarity (formerly Hiive)public page seen Oct 15, 2026

    No price on the public page.

    The Clarity Price, last match, bids and asks are behind a sign-up. The page lists the headquarters as Wilmington, Delaware.

  • Nasdaq Private Marketpublic page seen Oct 15, 2026

    No price on the public page.

    Listed as Second Front, linking secondfront.com. Neither the page title nor its text shows a per-share figure; round prices are masked.

A venue is listed when its public page named the company on the date shown. A price is the figure that page showed, under the venue’s own name for it and dated as the venue dated it; it is a level the venue publishes, not a trade. Nothing is recorded from behind a login.

Reads

Tracked only. No read has been prepared for this company; the figures above are the record.

Sources

Researched Oct 15, 2026