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David Jevans, Chief Executive Officer

Dave Jevans is a founder and CEO of CipherTrace. He is a serial entrepreneur in crypto, security, and fintech. As an early cypherpunk, he became involved in cryptocurrencies in 1999, closely tracking DigiCash, e-gold and other early innovators. In 2011, Jevans “went down the rabbit hole,” embracing Bitcoin and tracing criminal activity on the blockchain.

After an early technical leadership career at Apple, Jevans founded his first encryption company,, which went IPO in 2000 after merging with fellow crypto company Valicert.’s secure messaging products continue to underpin global financial networks for banks as well as SWIFT—the de factoinfrastructure for moving value across borders, spanning more than 200 countries.

Jevans went on to found IronKey, a hardware encryption company that continues to thrive in financial, consumer and government markets as a division of Kingston. He then brought mobile security company Marble to market, which is now part of security leader Proofpoint.

In 2015, he founded CipherTrace with the vision of building a global company that makes cryptocurrencies safe, secure and compliant. The company is already well on the path to becoming the leader in blockchain intelligence and security. Jevans believes that with its top-name customers, strong growth—plus the team’s unparalleled depth of experience in eCrime, cybersecurity and payments prior to becoming early blockchain adopters—CipherTrace can achieve another IPO success.

Jevans holds 17 US patents, mainly focusing on cybersecurity and cryptography. An industry expert on blockchain security, internet fraud and cybersecurity, he has advised congress on these topics and is frequently quoted by the media, including American Banker, Bloomberg TV, CIO Magazine, Dark Reading, Information Week, MSNBC, PC Magazine, and the Washington Post. Jevans speaks frequently at events around the world on the blockchain, cryptocurrencies, and electronic crime.

He is also the founder and Chairman of, a security non-profit with over 1,500 corporate and government members that produces the Electronic Crime Symposium, bringing cutting edge research from emerging PhD students to a global stage. APWG also operates the eCrime Exchange, a real-time data exchange for sharing phishing, malicious IPs and criminal cryptocurrency addresses.

Jevans holds a Master’s of Science degree in Computer Science from the University of Calgary, Canada.

Shannon Holland, Chief Technical Officer

Shannon Holland is a founder and CTO of CipherTrace where he leads research and development of CipherTrace’s advanced cryptocurrency forensics tools. Mr. Holland has 20 years of experience in developing secure and scalable computer technology. He is a distinguished software engineer with a broad range of experience, ranging from low-level software and hardware design to large-scale application servers. Additionally, Mr. Holland was an early bitcoin miner.

Prior to CipherTrace Senior, Mr. Holland was the Lead Threat Intelligence Engineer at Marble Security where he led the R&D of mobile app threat intelligence and analyzed over 2 million IOS and Android apps across various marketplaces. He also led the research and development of the IronKey security devices, including their cryptography, key management, firmware and hardware design. Shannon is the co-inventor of numerous security and cryptography patents, and produced the first certified tamper-proof, FIPS 140-2 Level 3 mobile device.

Early in his career Mr. Holland worked on the OS team at Apple Computer where he significantly optimized many portions of QuickDraw and built the Macintosh Color Picker. During his consulting career he has enjoyed success improving Netscape Communications browser memory management and developing security hardware security implementations for the Health Hero Buddy and Danger Hiptop.

Mr. Holland holds a Bachelor of Science, Computer Science from the University of Melbourne, Australia.

Stephen Ryan, Chief Operating Officer

Steve Ryan is a founder and COO of CipherTrace. He has 25 years of experience in the security and payments markets. Mr. Ryan is the inventor of 3-D Secure, the largest consumer payment authentication solution in the world, with over 150 million consumer users.

Mr. Ryan is a Fintech/Security executive and serial entrepreneur and has experience with a variety of internet-based security initiatives as well as experience with productizing government-funded initiatives. Additionally, Ryan has been an early stage advisor to some very successful Silicon Valley companies including PayPal and Splunk.

As a seasoned entrepreneur, he helped build and bring to market mobile security company Marble, which is now part of security leader Proofpoint (NASDAQ: PFPT). Prior to Marble, Ryan was an Executive Vice President at Online Resources and was responsible for Digital Banking and Payment Operations, which was sold to ACI Worldwide. Before Online Resources, Ryan was a co-founder of IronKey, which productized DHS S&T research and ultimately sold over 2 million IronKey devices, the world’s most secure flash drive. The company became a part of iMation NASDAQ: IMN. Previously Mr. Ryan was Senior Vice President at Visa USA. Before Visa, he was Senior Vice President at First Data where he was responsible for Product Management and Marketing. Mr. Ryan began his career in the Fintech industry at Bank of America, where he developed and managed the bank’s credit card processing systems.

Ryan holds a Bachelor of Science degree in Management Information Systems from Old Dominion University in Norfolk, Virginia.


CipherTrace, Inc.  | 68 Willow Road, Menlo Park, CA, 94025,  |  [email protected]  | 650-542-0020

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