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Liberty Strategic Capital Leads Investment Round in BlueVoyant, an Industry-Leading Cyber Defense Platform

Liberty Strategic Capital, a private equity firm founded and led by former Secretary of the Treasury Steven T. Mnuchin, announced that it has entered into a definitive agreement with BlueVoyant, LLC, an industry-leading cyber defense platform, to invest a total of $125 million in the company and lead BlueVoyant’s Series D financing round of $250 million. This is Liberty Strategic Capital’s fourth investment since its founding and its third investment in the cybersecurity industry, one of Liberty’s primary focus areas.

BlueVoyant is a cybersecurity defense firm that operates four lines of business: managed security services, providing 24×7 cyber threat detection and response inside customer networks; third-party cyber risk defense, providing supply chain and vendor network illumination; digital risk protection, providing brand protection, threat intelligence and incident response; and professional services, mission critical cybersecurity services. BlueVoyant’s platform and service provide a high degree of automation and customization, supported by cybersecurity analysts with substantial experience at major global cyber defense government organizations including the National Security Agency, the Federal Bureau of Investigation, Unit 8200 of the Israel Defense Forces, and the U.K.’s GCHQ, as well as private sector cybersecurity experts.

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The rapid emergence and increased severity and frequency of cyber threats coupled with a prolonged shortage of cybersecurity talent have created a significant gap in the ability to provide adequate defense of critical infrastructure. Liberty believes BlueVoyant is well positioned to fill this gap by providing a platform to merge best-in-class cybersecurity defense technology into a managed services platform for customers. Furthermore, as new cybersecurity threats emerge and defense technologies adapt, BlueVoyant is positioned to remain agile in the face of a constantly shifting threat landscape.

Secretary Mnuchin, Founder and Managing Partner of Liberty Strategic Capital, said: “As cyber threats increase, BlueVoyant has positioned itself as a differentiated leader in managed detection and response, third-party cyber risk management, digital risk protection, and cybersecurity professional services. We’re thrilled to partner with BlueVoyant and its top-tier management team as they continue to drive growth in this critical and rapidly expanding market.”

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Jim Rosenthal, Co-Founder and CEO of BlueVoyant, said: “When we started BlueVoyant, we knew that cybersecurity was quickly becoming one of the most significant threats businesses and government agencies face, and something our team was uniquely prepared to address. In just over four years, we have grown to more than 560 employees and have earned the trust of more than 700 customers. The market demand we are seeing is tremendous and we see this trend accelerating as security professionals pivot to our outcome-based cybersecurity solutions.”

Tom Glocer, Executive Chairman and Co-Founder of BlueVoyant, said: “As lead director at two Fortune 100 companies, I see the growing demand for advanced cybersecurity solutions. This demand will only grow over the coming years, and BlueVoyant is uniquely equipped to meet both the internal and external needs of organizations large and small.”

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[To share your insights with us, please write to sghosh@martechseries.com]

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