NEW YORK — BlueVoyant, an analytics-driven cybersecurity firm with a mission to protect businesses of all sizes against sophisticated cyber attackers, announced the close of an expanded $82.5 million Series B funding round. The new investment included participation from new and existing investors along with Fiserv, a financial services technology provider. This brings total funding to $207.5 million to date.
This latest investment will enable the firm to accelerate the development of its cloud-based cybersecurity product platform comprised of Managed Security Services, Advanced Threat Intelligence and Professional Services. BlueVoyant leverages its proprietary and open source Threat Intelligence, coupled with information gleaned from its technology stack to enhance delivery across its services. Post transaction, BlueVoyant will accelerate its growth across Europeand Asia through the expansion of sales, engineering and Security Operations Center teams.
“This latest round of funding will enable BlueVoyant to bring corporate cyber defense capabilities to global businesses of all sizes ranging from large businesses with advanced defenses to small-medium size enterprises,” said Jim Rosenthal, co-founder and CEO of BlueVoyant. “We were delighted to expand our Series B funding round to accommodate strong investor demand.”
“The strategic alliance between Fiserv and BlueVoyant brings advanced cyber defense capabilities to banks and credit unions of all sizes,” said Byron Vielehr, Chief Administrative Officer of Fiserv. “Our continued investment in BlueVoyant underscores the value these capabilities can bring to our clients.”
BlueVoyant has become one of the fastest-growing global cybersecurity firms. Since the launch of its Managed Security Services platform in June 2018, the company has expanded its customer base to more than 150 clients from a cross section of sectors including financial services, manufacturing, municipal government and education sectors, among others.