Criticalstart Receives $40M Minority Investment

Critical StartCriticalstart, a Plano, Texas-based provider of Managed Detection and Response services, received a $40m in funding.

Sagemount, a growth equity firm, made the minority investment.

The company intends to use the funds to expand the market presence for its Managed Detection and Response (MDR) services nationally – including new field offices in Los Angeles and New York City – to serve enterprise customers and its network of channel partners.

Led by Rob Davis, CEO, Criticalstart is a cybersecurity integrator that protects customers’ brands and reduce their business risk through a portfolio of end-to-end security services – from security-readiness assessments using the Defendable Network, to the delivery of managed security services, incident response, professional services, and product fulfillment.

The company’s MDR services are differentiated by its Zero-Trust Analytics Platform (ZTAP), which ingests and investigates all alerts until they can be safely filtered out. The company also offers a MOBILESOC application so customers can interact with SOC analysts from anywhere to investigate, escalate and remediate security issues without being tethered to their desk.
In addition, Criticalstart’s ZTAP and MDR services support a variety of other security technologies, including Splunk, Cylance, Carbon Black, and others.

FinSMEs

12/06/2019

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