PR94653

NEW YORK, February 23, 2022, /PRNewswire=KYODO JBN/--

Demand for BlueVoyant’s cybersecurity solutions drives triple-digit growth

BlueVoyant, an industry-leading internal and external cyber defense platform,

announced today the close of its Series D round. Liberty Strategic Capital, a

private equity firm founded and led by former U.S. Secretary of the Treasury

Steven T. Mnuchin, led the $250-million round with participation from new

investors as well as existing investors, including ISTARI (a Temasek company),

Eden Global Partners (a New York-based growth equity investment firm), and 8VC,

among others. Eden’s registered broker-dealer affiliate, Eden Global Capital

Partners, served as a strategic advisor and together with Morgan Stanley as

co-placement agent for the round. Secretary Mnuchin will join BlueVoyant’s

Board of Directors.

This investment will enable the firm to continue deepening its advanced

technical capabilities, accelerate its global expansion, and build upon a

record-setting 2021 [

https://www.bluevoyant.com/news/bluevoyant-enters-2022-with-triple-digit-growth-momentum-and-more-than-700-global-customers/]

that included triple-digit growth momentum, key acquisitions, and an 80%

increase in customer count. In addition, in 2021, the company increased its

existing global footprint by expanding into more than 10 countries. Since 2018,

BlueVoyant has grown annual recurring revenues at 117% on average.  

“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,” said Jim Rosenthal,

CEO, BlueVoyant. “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 outcomes-based cybersecurity solutions.”

Said Tom Glocer, executive chairman and co-founder of BlueVoyant: “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.”

Despite an exhaustive array of cybersecurity tools available on the market,

cyber defenders continue struggling to stop adversaries from stealing their

intellectual property and customer data, prevent ransomware attacks, and keep

their networks and business systems operational. BlueVoyant’s renowned team

comes from some of the most advanced cyber defense environments

[https://www.bluevoyant.com/cybersecurity-experts/] in the world, including

government agencies, defense, and mission-critical enterprises.

BlueVoyant’s vision is to give cyber defenders the advantage over attackers by

delivering the technology, telemetry, and expertise required to defend against

sophisticated cyber attacks. The company’s approach is outcomes-based and its

technology is purpose-built to converge internal and external cybersecurity

capabilities into a single, unified platform. All backed by elite cybersecurity

experts who know how to deploy, defend, and respond.

“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,”

said Secretary Mnuchin. “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.”

BlueVoyant plans continued expansion of its key lines of business, which

include:

- Managed Detection and Response [

https://www.bluevoyant.com/platform/managed-detection-and-response/] — 24/7

detection and response inside customer networks and endpoints

- Third-Party Cyber Risk Management [

https://www.bluevoyant.com/platform/3rd-party-cyber-risk-management/] — supply

chain and investment portfolio defense

- Digital Risk Protection [

https://www.bluevoyant.com/platform/digital-risk-protection/] — real-time

visibility of the external threats

- Professional Services [https://www.bluevoyant.com/platform/professional/] —

mission-critical cybersecurity services

About BlueVoyant

At BlueVoyant, we recognize that effective cybersecurity requires active

prevention and defense across both your organization and supply chain. Our

proprietary data, analytics, and technology, coupled with deep expertise, work

as a force multiplier to secure your full ecosystem.

Accuracy. Actionability. Timeliness. Scalability.

Founded in 2017 by former Fortune 500 and former government cyber officials,

BlueVoyant is headquartered in New York City and has personnel in Washington,

D.C., Maryland, San Francisco, Israel, Philippines, Canada, U.K., Spain,

Australia, Hungary, Czech Republic, Romania, Slovakia, Netherlands, Belgium,

Germany, Sweden, Denmark, El Salvador, Colombia, Mexico, and Panama. Visit

www.bluevoyant.com.

About Liberty Strategic Capital

Liberty Strategic Capital is a Washington, D.C.-based private equity firm

focused on strategic investments in technology, financial services and fintech,

and new forms of content. The firm was founded in 2021 and is led by former

Secretary of the Treasury Steven T. Mnuchin. Liberty’s portfolio includes

significant investments in the cybersecurity technology firms Cybereason and

Contrast Security, as well as an investment in the satellite technology firm

Satellogic.

The BlueVoyant investment will be Liberty Strategic Capital’s fourth investment

since its founding earlier last year.  As Secretary of the Treasury and a

member of the National Security Council, Secretary Mnuchin helped shape the

U.S. government’s approach to cyber threats, including supervising the design

of new economic sanctions targeting Iranian, Russian, and North Korean cyber

attackers, and transnational cyber criminals, and using sanctions authorities

to combat ransomware attacks. Secretary Mnuchin was also the U.S. government’s

lead official responsible for cybersecurity across the financial services

sector. In that capacity, he worked directly with top U.S. regulators and chief

executives of the largest U.S. financial institutions on cybersecurity

preparedness, regulatory coordination, and incident response. In addition,

Secretary Mnuchin led the modernization of technology and data security within

the Internal Revenue Service to better protect the single largest collection of

sensitive personal financial data in the country.

Liberty Managing Director Michael D’Ambrosio, a former assistant director of

the United States Secret Service with deep experience in national security

issues, played a key role in this investment. Mr. D’Ambrosio will play a

leading role in Liberty’s efforts to provide strategic assistance to BlueVoyant

by joining its strategic advisory board.

About Eden Global Partners

Eden Global Partners LLC is a long-term focused investment firm that partners

with market-leading companies in high-growth sectors as a direct investor and

strategic financing partner. As a growth equity investor, Eden Global provides

scaling businesses with differentiated, permanent capital. Through its

affiliate, Eden Global Capital Partners LLC, a registered broker-dealer and

FINRA member firm, Eden Global has the unique ability to leverage a network of

like-minded long-term oriented family offices, pension funds, sovereign wealth

funds, and other capital partners to facilitate strategic capital solutions.

About ISTARI

Established in 2020 by Temasek, an investment company headquartered in

Singapore, ISTARI has a unique model. It is an advisory practice, investor and

educator through its Academy, developed and delivered in collaboration with

Columbia University, School of International and Public Affairs. ISTARI

harnesses the collective power of the world’s leading cybersecurity companies,

experts, and knowledge to work alongside clients on their journey to build

cyber resilience.

The ISTARI Collective includes Sygnia, Ensign InfoSecurity (EIS), BlueVoyant,

Claroty, Armis, Prevalent AI, and VisibleRisk. Headquartered in London, ISTARI

has a global presence in the US, Europe and Singapore. To learn more, please

visit https://istari-global.com/.

BlueVoyant Press Contact

Jennifer Schlesinger

T: +1 201.397.4976

E: jenny.schlesinger@bluevoyant.com

Eden Global Partners Press Contacts

Will Braun and Sydney Gever

Abernathy MacGregor

T: +1 212.371.5999

E: whb@abmac.com / sng@abmac.com

ISTARI Press Contact

Elliot Gooch

T: +44 07906318535

E: elliotg@allisonpr.com

Source: BlueVoyant