Security News > 2021 > July > MSSP SolCyber Emerges From Stealth With $20 Million Series A Funding
SolCyber has emerged from stealth with $20 million in Series A funding from ForgePoint Capital, claiming to be the first modern MSSP for the mid-market.
Venture funding for an MSSP is not unknown, but not common.
Central to the firm's strategy is its use of a ready-made curated technology stack, including endpoint with EDR capabilities, lateral movement detection, advanced email security and active directory and admin exploitation prevention, wrapped in an MSSP Offering.
McGrady told SecurityWeek that SolCyber is not wedded to its own choice of security solutions.
"There are thousands of security technologies and hundreds of providers. Trying to figure out how to build the right security stack is tough and time consuming. With attacks being ever more sophisticated we want to help simplify the challenge of securing an organization."
The basic premise for SolCyber is the immediate provision of a good security posture, which clients can expand over time as and when and if required.