BlueVoyant Raises $250 Million to Boost Technical Capabilities, Global Expansion

Cybersecurity services provider BlueVoyant this week announced that it has received $250 million in Series D funding. Valued at over $1 billion, the cybersecurity unicorn has raised $525 million to date.

The funding round was led by Liberty Strategic Capital and received participation from both existing and new investors, including Eden Global Partners, ISTARI, and 8VC.

Founded in 2017, the New York-based company provides detection and response services for networks and endpoints, digital risk protection, and third-party risk management.

The company says its unified platform can provide organizations with the necessary technology and expertise to defend against sophisticated cyberattacks, including supply chain risks.

Following triple-digit growth registered in 2021, BlueVoyant plans to use the investment to accelerate its global expansion and continue building advanced technical capabilities.

“In just over four years, we have grown to more than 560 employees, and have earned the trust of more than 700 customers. The market demand we are seeing is tremendous and we see this trend accelerating as security professionals pivot to our outcomes-based cybersecurity solutions,” Jim Rosenthal, CEO of BlueVoyant, said.

Related: anecdotes Raises $25 Million for Its Compliance OS Platform

Related: Cyber Intelligence Firm Cyble Bags $10 Million in Series A Funding

Related: Bot Detection Firm Netacea Closes $12 Million Funding Round

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Ionut Arghire is an international correspondent for SecurityWeek.

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