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BlueVoyant Secures $68 Million in Series C Round of Financing

By CIO Applications | Tuesday, August 04, 2020

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David Etue, Global Head of MSS

The company plans to use the capital to accelerate its growth plans across its three key lines of business: managed security services, for 24/7 detection and response inside customer networks; third-party cyber risk services, offering supply chain and investment portfolio defense; and cyber defense services, offering incident response, defense assessment, brand protection, and threat intelligence.

FREMONT, CA: BlueVoyant, a New York-based global expert-driven cybersecurity services company, raised a $68m third round of funding.

The company has raised total funding of $275m to date. The funding round was led by Temasek, with active participation from new and other existing investors.

The company plans to use the capital to accelerate its growth plans across its three key lines of business: Managed Security Services, for 24/7 detection and response inside customer networks; Third-Party Cyber Risk Services, offering supply chain and investment portfolio defense; and Cyber Defense Services, offering incident response, defense assessment, brand protection, and threat intelligence.

Led by Jim Rosenthal, co-founder and CEO, BlueVoyant enables businesses to operationalize ecosystem-scale cybersecurity to protect efficiently and effectively. Since its foundation in July 2017, the company has expanded its customer base to over 300 clients across four continents in 16 different industries, including financial and business services, manufacturing, healthcare and pharmaceutical, municipal government, energy and utilities, and the education sector.

The cybersecurity company has offices in New York, Maryland, San Francisco, London, Tel Aviv, the Philippines Madrid, and has recently opened new offices in Central America. BlueVoyant is a data analytics-driven cybersecurity company that helps protect businesses of all sizes from cyberattacks. It provides advanced threat intelligence, managed security services, and professional services.

“This latest round of funding will enable BlueVoyant to continue to service and build our ever-growing customer base, providing them with the most advanced cybersecurity defense capabilities. We are delighted to have generated such strong investor demand. This in turn helps us develop the managed services we offer; including combining our capabilities into our new Risk Operations Center to manage cyber risk for supply chains and investment portfolios. BlueVoyant has demonstrated its expertise and vision, identifying a clear market need for exceptional cybersecurity to defend both large and medium sized enterprises,” remarked Jim Rosenthal.

“We offer comprehensive solutions coupled with a scalable and transparent automation platform and highly experienced SOC analysts and experts,” says David Etue, Global Head of MSS at BlueVoyant.

The company has also been featured as one of the “Top 10 Managed Security Services Providers by the Enterprise Security Magazine for the year 2019.

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