A Pocket of Enterprise Software Investors Still Love

What do you get when you offset investors’ recent loathing of software startups with their lust for defense tech? Fast-growing Onebrief, the latest startup to double its valuation in a short span after raising $200 million this week from Battery Ventures and Sapphire Ventures at a $2.15 billion valuation, including the new investment.

Onebrief isn’t building autonomous drones, hypersonic missiles or solid rocket motors. It’s selling collaboration software for military command centers, aiming to displace the Microsoft Office suite and developing tools akin to Google Maps, Monday.com and Figma for military staffers.