BlueVoyant gets $82.5m funding for cybersecurity analytics
BlueVoyant, an analytics-driven cybersecurity firm, has closed an expanded $82.5 million Series B funding round.
The new investment included participation from new and existing investors along with Fiserv, bringing the total funding to $207.5 million to date.
This latest investment will enable the firm to accelerate the development of its cloud-based cybersecurity product platform.
BlueVoyant uses its proprietary and open source Threat Intelligence, coupled with information gleaned from its technology stack, to enhance delivery across its services.
The firm is seeking growth across Europe and Asia through the expansion of sales, engineering and security operations centre teams.
“This latest round of funding will enable BlueVoyant to bring corporate cyber defence capabilities to global businesses of all sizes ranging from large businesses with advanced defences to small-medium size enterprises,” says Jim Rosenthal, co-founder and CEO of BlueVoyant.
Since the launch of its Managed Security Services platform in June 2018, the company has expanded its customer base to more than 150 clients from a cross section of sectors including financial services, manufacturing, municipal government and education sectors, among others.
