Cybersecurity Leader BlueVoyant Receives $82.5 Million in Its Series B Funding
Analytics-driven cybersecurity firm BlueVoyant has received $82.5 Million in Its Series B Funding to fulfill its mission of protecting businesses of all sizes from sophisticated cyber attacks. The company plans to leverage the funds to bolster its cloud-based security platform comprised –
- Managed Security Services
- Advanced Threat Intelligence
- Professional Services
BlueVoyant’s customers benefit from its product because the company deploys its flagship, open-source Threat Intelligence combined with refined information from its existing technology stack. The Cybersecurity leader will further utilize the funding in expanding its operation to EMEA and APAC regions in sales, engineering and security operations.
“This latest round of funding will enable BlueVoyant to bring corporate cyber defense capabilities to global businesses of all sizes ranging from large businesses with advanced defenses to small-medium size enterprises,” said Jim Rosenthal, co-founder, and CEO of BlueVoyant. “We were delighted to expand our Series B funding round to accommodate strong investor demand.”
“The strategic alliance between Fiserv and BlueVoyant brings advanced cyber defense capabilities to banks and credit unions of all sizes,” said Byron Vielehr, Chief Administrative Officer of Fiserv. “Our continued investment in BlueVoyant underscores the value these capabilities can bring to our clients.”
The company has become one of the fastest-growing Cybersecurity firms in the world. After seeing the launch of its Managed Security Services Platform circa June 2018, the company has propelled its growth and now caters to 150 clients from a plethora of industries such as –
- Financial services
- Municipal government
- Education sectors
The Series B investment was led by new and existing investors, along with niche technology provider Fiserv. With the conclusion of round B, BlueVoyant has so far raised $207.5 million.
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