Blackpoint Cyber, an Ellicott City, MD-based technology-focused cybersecurity company, raised $190M in Growth funding.
The round was led by Bain Capital Tech Opportunities, with participation from Accel and existing investors including Adelphi Capital Partners, Telecom Ventures, Pelican Ventures and WP Global Partners.
The company intends to use the funds for further development of its security technology.
Founded in 2014 by CEO Jon Murchison, a former National Security Agency computer operations expert who spent more than a decade executing high-priority national security missions, Blackpoint Cyber leverages real-world cyber experience and deep knowledge of cyber defense tactics to help MSPs safeguard their customers from cyberthreats. Its Managed Detection and Response (MDR) technology rapidly detects and isolates threats at the earliest sign of a breach. Blackpoint’s 24/7 Security Operations Center (SOC) investigates suspicious activity and takes action to neutralize threats in real-time on behalf of its MSP partners. This eliminates alert fatigue and time spent on false positives.
The company recently introduced its Managed Application Control solution to help MSPs ensure that only authorized applications are running on devices and reduce the risk of unauthorized activity or malware infiltration. Blackpoint also launched the Blackpoint University learning platform in 2023 to provide MSPs with access to sales and technical cybersecurity training and lessons from leaders in the military, intelligence, and business communities.
FinSMEs
09/06/2023