Sequoia Capital, Silicon Valley's top venture capital firm, told investors on Friday that some of its personal and financial information may have been stolen by a third party after a phishing attack on one of its employees, according to reports.Sequoia told investors that there was no sign that the stolen information was traded on the dark Internet or used by criminals.
A Sequoia spokesman confirmed on Saturday that the company "recently experienced a cyber security incident" and that its security team is investigating the incident. The company said it had reported it to law enforcement and was working with external cyber security experts on the matter.
A Sequoia spokesman said: "we are very sorry that this incident has occurred and the affected individuals have been informed so far. We have invested heavily in enhancing security, and we will continue to deal with growing cyber threats in the future. "
Sequoia investors are known as limited partners, usually including large financial institutions, university endowments, private family offices or sovereign wealth funds, but venture capital companies rarely share information about investors publicly.
According to pitchbook, Sequoia Capital is one of the oldest and most successful venture capital companies in Silicon Valley, with assets under management of more than $38 billion. The 49 year old venture capital firm has invested in companies such as airbnb, doordash and 23andMe. According to its website, it has also invested in cyber security companies such as fireeye and carbon black.