Critical Start Raises Over $215M in Growth Funding

Critical Start, a Plano, TX-based provider of Managed Detection and Response (MDR) cybersecurity solutions, raised $215M in funding.

The round was led by Vista Equity Partner.

The company intends to use the funds to further invest in its technology, product, and service offerings as well as expand its talented teams.

Led by CEO Rob Davis, Critical Start provides an MDR platform that simplifies breach prevention by helping organizations identify, assess, and respond to cyber threats in real time while analyzing threat data to inform future responses. The company’s technology and security operation center (SOC) analysts leverage a deep pool of behavioral data to automatically resolve security alerts, reduce risk acceptance, and improve team productivity. In addition to the MDR platform, Critical Start’s Incident Response Team provides hands-on readiness, response, and forensic services for enterprise security teams.

With 24x7x365 expert security analysts, and Cyber Research Unit (CRU), the company monitors, investigates, and remediates alerts effectively, via contractual Service Level Agreements (SLAs) for Time to Detection (TTD) and Median Time to Resolution (MTTR), and 100% transparency into our service.

Critical Start serves hundreds of MDR customers with a focus on midsize and large enterprises across a broad range of industries including manufacturing, retail, government, healthcare, financial services, and energy. The company has grown ARR by more than 400% in the last three years and diversified its channel network across 90 channel partners through its integrations with third-party cybersecurity software providers including Microsoft, Palo Alto Networks, Crowdstrike, Splunk, SentinelOne, and VMWare.

FinSMEs

14/04/2022