Security News > 2022 > February > BlueVoyant pulls in another $250m in venture funding

Cybersecurity firm BlueVoyant has taken $250m in a fresh funding round announced this week, pushing the company's valuation past the $1bn mark.

BlueVoyant is led by Jim Rosenthal, formerly chief operating officer at Morgan Stanley.

Customers range from larger enterprises that use BlueVoyant to augment their existing security efforts and smaller ones that rely totally on the company for their protection.

In 2020, BlueVoyant bought Concanon, a professional services company focused on analytics provider Splunk, stating at the time that the deal would enable "BlueVoyant to provide end-to-end services to customers already in the Splunk Cloud Platform and to those customers who are interested in migrating."

The latest funding round follows a year in which BlueVoyant acquired three companies and expanded into more than 10 countries.

BlueVoyant can interact with the suppliers "To tell them exactly what the vulnerability is in their network, why it's important and deliver the patch right to them so that they can install it," the CEO claimed.

News URL

https://go.theregister.com/feed/www.theregister.com/2022/02/24/bluevoyant_funding/