BlueVoyant Buys Conquest Cyber, Adds Funding>
MSSP Alert – Dan Kobialka
BlueVoyant, an MSSP (managed security service provider) recognized in the top 250 MSSPs and top 40 for managed detection and response (MDR), has completed the acquisition of Conquest Cyber.
The financial terms of the deal were not disclosed.
Alongside this acquisition, BlueVoyant has also raised over $140 million in Series E funding.
This acquisition marks the 317th technology M&A deal reported by MSSP Alert and ChannelE2E in 2023.
BlueVoyant, established in 2017 and headquartered in New York City, specializes in digital risk protection, MDR, and supply chain defense, and lists 607 associates on LinkedIn.
Conquest Cyber, operational since 2008 and based in Nashville, Tennessee, has 98 LinkedIn associates and is known for expertise in cyber risk management, and security posture management, detection, and response.
With the acquisition of Conquest, BlueVoyant plans to incorporate Conquest’s SaaS cyber defense technologies to improve its existing solutions, enabling organizations to better assess, operationalize, verify, and remediate risks.
These technologies will also enhance BlueVoyant’s product offerings, providing more thorough internal and external cyber defense capabilities that are in line with risk maturity frameworks.
Furthermore, BlueVoyant expects to leverage these technologies to assist organizations in meeting cybersecurity regulations, including CMMC 2.0 requirements.
Link: https://www.msspalert.com/news/bluevoyant-buys-cyber-defense-company-adds-funding?nbd=hwLICoAB1_eZHpRdqkQ_&nbd_source=mrkto