Cybersecurity Services Company BlueteamGlobal Raises More Than $125M in Financing

Cybersecurity services company BlueteamGlobal raised more than $125m in financing.

Institutional and individual investorsprovided the financial resources.

The company also announced the launch of operations, the merger into BlueteamGlobal of three cybersecurity technology businesses, BitVoyant, K2G, and K2 Cyber Defense.
Headquartered in Rosslyn, Virginia, BitVoyant delivers advanced cyber threat intelligence and alerts to companies, covering their businesses and their business ecosystems.
Headquartered in Tel Aviv, K2G delivers an ongoing analyzed and curated stream of Dark Web Cyber Threat Intelligence to its corporate clients. K2G is a separate subsidiary of K2 Intelligence.
Founded in 2009 by Jeremy Kroll and Jules Kroll, New York-based K2 Intelligence is an investigative, compliance and cyber defense services firm, who is credited with originating the modern corporate investigations industry. It provides advice to governments, companies, boards, and high-net-worth individuals around the world on managing risk and addressing problems and complex situations.
K2 Cyber Defense is a business line that delivers managed security and professional services, incident response, and investigations to its corporate clients.

Co-founded by CEO Jim Rosenthal, former Chief Operating Officer at Morgan Stanley, and Executive Chairman Tom Glocer, former Chief Executive Officer at Thomson Reuters, BlueteamGlobal will provide advanced cyber threat intelligence solutions for large companies and managed cybersecurity services for smaller businesses.
The company, which has offices in New York, the Washington, D.C. area, London, Madrid, and Tel Aviv, has assembled a team of senior leaders from both the private sector and national security agencies:
– Advanced cyber threat intelligence will be led by Daniel Ennis, former Director of the NSA’s Threat Operations Center, and Ron Feler, formerly Deputy Commander of the Israel Defense Forces’ Unit 8200;
– Deep and dark web intelligence will be led by Gad Goldstein, who served as a division head in the Israel Security Agency, Shin Bet, in the rank equivalent to Major General;
– Managed security and professional services will be led by Austin Berglas, former head of the FBI’s New York Cyber Branch, and Milan Patel, former CTO for the Cyber Division at the FBI,
– Chairman of the business in Europe will be Lord Mandelson, a former European Trade Commissioner and British First Secretary of State, who now serves as Chairman of Global Counsel, a global consultancy, and who will work with an operational team of former European cyber intelligence professionals;
– Robert Hannigan, former director of GCHQ, the UK intelligence service, will head the company’s European Advisory Board.

BlueteamGlobal will initially target the North American and European markets, but soon expand to other regions.

The board of directors will include Rosenthal, Glocer, Goldstein, as well as Jules Kroll, Chairman and Co-Founder of K2 Intelligence and Nadav Zafrir, CEO of Team8, and former Commander of the IDF’s Unit 8200, together with several investors. BlueteamGlobal is also forming an Advisory Board, to be chaired by Admiral Mike Mullen, former Chairman of the Joint Chiefs of Staff.
The company will have a strategic business alliance with K2 Intelligence, a global investigative, compliance and cybersecurity defense services firm, and a Blueteam founding shareholder. Blueteam has also formed a strategic business alliance with Team8, a cybersecurity think tank and company creation platform with offices in New York and Tel Aviv.

Jim Rosenthal served as COO at Morgan Stanley from 2011 to 2016. Rosenthal came to Morgan Stanley in 2008 from Tishman Speyer, where he served as CFO; he had previous roles at Lehman Brothers and McKinsey. Rosenthal received the 2017 Critical Infrastructure Protection Award from the Financial Services Information Sharing and Analysis Center (FS-ISAC), and is the Co-Chair of Sheltered Harbor, a financial services industry cybersecurity organization.

Tom Glocer was CEO of Thomson Reuters and its predecessor firm, Reuters, from 2001 through 2011. He chairs the Operations and Technology committee of the Morgan Stanley Board of Directors and will become the Board’s lead director in September. Glocer also serves on the Boards of Merck & Co., Publicis Groupe and K2 Intelligence; he is a trustee of the Cleveland Clinic and a member of the Council on Foreign Relations.

FinSMEs

03/08/2017

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