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BlueVoyant scales MSSP, Managed Detection and Response (MDR), and supply chain security services. BlueVoyant funding at a valuation of $ 1.4 billion could be next, according to the report.
BlueSight Apparently seeking to raise $ 150 million, and the funding round could price the next-gen MSSP at $ 1.4 billion – although terms are not finalized, Bloomberg reported.
BlueVoyant, initially known as BlueteamGlobal, was formed through the combination of three cybersecurity companies and secured $ 125 million in funding in 2017. Fast forward to 2021, and BlueVoyant has remained very active on financing, acquisition and business development fronts.
BlueVoyant: Cybersecurity Business Timeline
Among the next-generation commercial movements of the MSSP in 2021:
BlueVoyant Managed and Professional Cyber ​​Security Services
Bring all these activities together and BlueVoyant cybersecurity services now include:
- Third Party Cyber ​​Risk Management for Supply Chains.
- Managed Discovery and Response (MDR) for Microsoft 365, Endpoint, and Splunk environments.
- Digital risk protection that constantly monitors domains and websites, social media, apps in official and unofficial stores, deep & dark web, instant messaging and open source.
- Professional services that cover proactive services as well as incident response.
Among the variables that we do not know: monthly recurring income (MRR) and profits (or losses) of BlueVoyant. Additionally, we don’t know how much of the revenue involves software-driven intellectual property versus human-driven SOC operations. We will look for clues that could ultimately answer these questions.
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