CyberTech platform BlueVoyant raises $250m Series D

Cybersecurity platform BlueVoyant has raised $250m in its Series D, of which, $125m was supplied by private equity firm Liberty Strategic Capital.

BlueVoyant is a cybersecurity defence platform that operates across four core functions. Its first function is managed security services, which provides 24/7 cyber threat detection and response inside customer networks. The second is third-party risk defence, providing supply chain and vendor network illumination.

Its third function is digital risk protection, which gives brand protection, threat intelligence and incident response. Finally, it offers professional services and mission critical cybersecurity services.

The BlueVoyant platform offers atomisation and customisation

BlueVoyant co-founder and CEO Jim Rosenthal said, “When we started BlueVoyant, we knew that cybersecurity was quickly becoming one of the most significant threats businesses and government agencies face, and something our team was uniquely prepared to address. 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 outcome-based cybersecurity solutions.”

As part of the deal, Liberty founder and managing partner Secretary Mnuchin will join the BlueVoyant board of directors.

BlueVoyant previously raised $68m in its Series C funding round back in 2020.

This deal marks Liberty’s third investment into the cybersecurity sector.

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