BlueVoyant raises $68 mn in funding led by Temasek

By Pavithra R

New York-based BlueVoyant, democratizing cybersecurity, has announced that the company has raised $68 million in its third round of funding led by Temasek, a global investment company headquartered in Singapore, and included participation from new and other existing investors.

The new financing brought the company’s total funding to $275 million to date. BlueVoyant is planning to use the investment to accelerate its growth plans across its three principal lines of business: Third-Party Cyber Risk Services, providing supply chain and investment portfolio defense; Managed Security Services, for 24/7 detection and response inside customer networks; and Cyber Defense Services, providing defense assessment, incident response, brand protection, and threat intelligence.

“This latest round of funding will enable BlueVoyant to continue to service and build our ever-growing customer base, providing them with the most advanced cybersecurity defense capabilities. We are delighted to have generated such strong investor demand. This in turn helps us develop the managed services we offer; including combining our capabilities into our new Risk Operations Center to manage cyber risk for supply chains and investment portfolios. BlueVoyant has demonstrated its expertise and vision, identifying a clear market need for exceptional cybersecurity to defend both large and medium sized enterprises,” said Jim Rosenthal, co-founder, and CEO of BlueVoyant.

Founded in 2017, BlueVoyant is an analytics-driven cybersecurity company with the mission to defend businesses around the world against agile and well-financed cyber attackers by providing unparalleled visibility, insight, and responsiveness. According to company data, the firm has expanded its customer base to more than 300 clients across 4 continents in 16 different industries, including financial and business services, municipal government, healthcare and pharmaceutical, manufacturing, energy and utilities, and the education sector. BlueVoyant has offices in New York, Maryland, San Francisco, London, Madrid, Tel Aviv, and the Philippines, and has recently opened new offices in Central America.

Read more: Cybersecurity in Financial Services.