Solcyber 20M ForgePoint CapitalWiggersVentureBeat Secures $20 Million Financing Round
There’s been a lot of buzz around Solcyber 20M ForgePoint CapitalWiggersVentureBeat, the new company that has just landed a huge financing round from ForgePoint Capital. This company has a unique approach to security and is targeting the information security market. Read more about the company and its innovative approach to security in this article.
Cyber Security Industry Leader
With a $20 million funding round led by ForgePoint Capital, Solcyber 20M ForgePoint CapitalWiggersVentureBeat is positioned to become a cyber security industry leader. The company is focused on helping businesses of all sizes respond to cyber threats.
Enterprise-Strength Security Technology Stack
It offers a curated, enterprise-strength security technology stack. This includes endpoint protection, active directory service, email security, and admin exploitation prevention. In addition to offering a streamlined security approach, SolCyber believes in making complex systems easy to use.
Dominican Republic
Solcyber 20M ForgePoint CapitalWiggersVentureBeat has already signed a deal with Rizek Group, one of the largest business groups in the Dominican Republic. The company will utilize the funding to expand its marketing and go-to-market efforts. Additionally, the investment will enable the company to hire more staff and develop its product offerings.
Mid-Market MSSP
To strengthen its position as a mid-market MSSP, Solcyber 20M ForgePoint CapitalWiggersVentureBeatwill continue to invest in its team. CEO Scott McCrady has spent more than seven years in the cybersecurity field, including time at FireEye and SonicWall.
Moreover, the company plans to expand its services to more customers globally. It also plans to upgrade its platform.
Endpoint & Email Security
SolCyber is a managed security service provider (MSSP) aimed at the mid-market. The company offers a curated technology stack that includes endpoint and email security, along with a full suite of services and training. This is all done by a team of seasoned cybersecurity professionals.
To help mid-market companies stay ahead of the curve, SolCyber recently acquired $20 million in Series A funding led by ForgePoint Capital. They plan to use the funding to expand their marketing efforts, drive customer growth and enhance their products.
Building Successful Companies
ForgePoint Capital is a world-class cybersecurity venture capital firm. Its team has eight decades of experience building successful companies. Their investment portfolio comprises more than 40 cybersecurity startups.
Hassle Out of Complex Systems
SolCyber’s innovative approach to security includes active directory and admin exploitation prevention, as well as advanced email security. According to the company, it takes the hassle out of complex systems by wrapping it all into a unified portal that gives a holistic view of security.
Enterprise-Grade Security Solutions
SolCyber is a managed security service provider that enables organizations to respond to cybersecurity threats. The company offers threat tools to find malicious code, endpoint security and a curated collection of enterprise-grade security solutions. Providing services at competitive rates, it aims to help organizations mitigate cyber threats.
Recently, the company announced a $20 million funding round led by ForgePoint Capital. This investment will allow the company to expand its technology offerings and drive customer growth. It will also help the company continue its go-to-market efforts.
Next-Generation MSSP
SolCyber is positioned as a next-generation MSSP. Its strategy focuses on delivering a curated technology stack to customers. Specifically, it provides advanced email protection, lateral movement detection, endpoint protection, admin exploitation prevention, and employee phishing training.
Decades of Experience
SolCyber recently hired David Emerson, former CIO of AppGate, to join its leadership team. With decades of experience in the security industry, Emerson will be responsible for driving SolCyber’s product and market growth. He will work to explore ways to improve the company’s security posture and to create a more consumer-friendly managed security services model.
SolCyber and Converge have announced a new partnership that will change the way mid-market organizations view and manage cyber insurance. By providing a unified approach to security, the companies will help small and mid-sized companies protect their assets and grow.
Helps Organizations
SolCyber and Converge are both managed cybersecurity service providers (MSSPs). They each offer a unique offering that helps organizations respond to cybersecurity threats. For example, SolCyber provides security training, safety coaching, and an operations center. The company also offers a secure email and endpoint security.
Final Words:
In addition to its managed safety services, SolCyber also launched a cyber insurance offering that provides enhanced coverage. The offering includes nine key controls and a simplified application process. Its goal is to reduce the costs of cyber insurance for mid-market companies.
SolCyber is well-positioned to succeed in the market for data safety products and services. Its technology stack includes Endpoint Safety and Endpoint Security, Lively Listing abuse prevention, Active Directory abuse prevention, log-keeping, and phishing prevention.
