Pike Street Capital, a Seattle-based private equity firm focused on industrial technology, has announced a strategic investment in DigiStor (formerly CRU Data Security Group), a Vancouver, WA provider of highly secure data storage solutions for mission-driven applications. Built on advanced patented technology and certified to the highest US government certifications, their Citadel line of self-encrypting SSDs and SHIPS removable drives are trusted across defense, government, and commercial environments where protecting data at rest (DAR) is mission critical. With Pike Street's backing, DigiStor plans to scale its business, expand product lines, strengthen OEM partnerships, and pursue strategic acquisitions, while continuing to deliver trusted, certified data protection.
SEATTLE, Oct. 1, 2025 /PRNewswire-PRWeb/ -- Pike Street Capital ("Pike Street"), a growth-oriented industrial technology focused private equity firm based in Seattle, has announced a strategic investment in DigiStor, formerly CRU Data Security Group (CDSG), a Vancouver, WA-based provider of highly secure data storage solutions for mission-driven applications.
DigiStor's Data-at-Rest (DAR) solutions, including the Citadel line of self-encrypting SSDs and Secure High-Performance Storage (SHIPS) removable drives, based on CRU technology, hold key certifications such as CSfC, FIPS, and NIAP. These certifications enable DigiStor to meet the unique requirements of mission-critical deployments across tactical edge devices, embedded systems, and IT endpoints that align with the U.S. Department of Defense modernization initiatives, increasingly strict federal security mandates, as well as demanding commercial environments.
"Partnering with Pike Street opens exciting new opportunities for our mission-driven customers, our OEM partners, and our team," said Dave Withers, CEO of DigiStor. "With their support, we now have the resources to scale our business, accelerate innovation, and advance our technology, ensuring we continue to deliver the trusted, certified data protection required for mission-driven applications."
Pike Street plans to invest across the organization to support DigiStor's organic growth initiatives, including expanding its product line, strengthening OEM partnerships, and extending its geographic reach. They will pursue strategic acquisitions in adjacent markets to further accelerate growth.
"We are excited to join forces with the DigiStor team at this pivotal point," said Dave Dandel, Partner at Pike Street. "They have a clear technological edge, a well-defined highly differentiated path to market with their OEM partners, and strong market momentum with the demand for secure Data-at-Rest solutions only accelerating. We look forward to helping them scale and solidify their position as the market leader."
Pike Street invests in middle-market companies with strong technical expertise, established market positions, strong management teams, and discernible growth drivers. The firm targets sectors serving professional and technical customers and commercial growth where it has relevant investing and operating experience, including industrial technology, specialty manufacturing, distribution & logistics, and business services.
About DigiStor
DigiStor, formerly CRU Data Security Group (CDSG), headquartered in Vancouver, WA, is a leading provider of highly secure solid-state drives (SSDs) and removable SSDs used in mission-driven applications. Built on advanced patented technology and certified to the highest US government standards, Digistor's SSDs are integrated into solutions for securing data at rest (DAR), delivering secure data protection in the most demanding military, government, industrial, commercial, and enterprise environments. More information is available at www.digistor.com.
About Pike Street Capital
Pike Street Capital is a Seattle-based firm specializing in middle-market investments across the industrial technology, specialty manufacturing, distribution and logistics, and business services sectors. The firm leverages an integrated investment and operational approach to drive long-term value creation, working closely with management teams to accelerate growth, enhance capabilities, scale operations, and build market-leading businesses. More information is available at www.pikestreetcapital.com.
Media Contact
Cathy McBeth, Pike Street Capital, 1 206-949-9312, [email protected], www.pikestreetcapital.com
SOURCE Pike Street Capital
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