Blackpoint Cyber Closes Series B Round

The company has been gradually growing its presence in the Managed Service Provider market as a 24/7 Managed Detection and Response service and recently launched MDR 4.0, the industry's first contextually aware managed detection and response platform.

Fremont, CA: Blackpoint Cyber, a leading technology-focused cybersecurity company, closed its Series B round of funding and will be appointing John N. Stewart, the former Senior Vice President and Chief Security and Trust Officer at Cisco, to its board of directors. The company has been gradually growing its presence in the Managed Service Provider market as a 24/7 Managed Detection and Response service and recently launched MDR 4.0, the industry's first contextually aware managed detection and response platform.

Stewart has more than three decades of experience in the industry, having worked in the Australian Department of the Prime Minister and Cabinet Cyber Security Review panel, the cybersecurity think tank at the University of Maryland University College, and the Center for Strategic and International Studies (CSIS) Commission on Cybersecurity for the 44th United States Presidency. Currently, he is the founder and President of Talons Ventures.

Regarding his appointment to the Blackpoint Cyber board of directors, Stewart said, "I've been seeking something like this out for a very long time. Blackpoint Cyber is pushing the envelope via their multi-tenant managed detection and response platform and delivering within a top-rate partner community. After seeing the technology, business plan, success-to-date, and the team's passion, I'm honored to be joining their Board."

"We are ecstatic that John is joining our board of directors; someone with his experience and stature in the cyber security industry is the perfect addition to round out the group of talented and upstanding individuals that we already have at the helm of our organization," says Jon Murchison, CEO and Founder of Blackpoint Cyber. "We are currently experiencing record expansion, so we are both honored and privileged to have John join our team and guide us during this phase of rapid growth."

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