BlueVoyant has acquired Conquest Cyber, raising more than $140 million in a Series E funding to accompany the acquisition.
The additional funding was led by existing investors, Liberty Strategic Capital, a private equity firm, and ISTARI, a cybersecurity investor and advisor founded by Temasek. Eden Global Capital Partners, an affiliate of Eden Global Partners, served as a strategic advisor.
BlueVoyant says it will integrate Conquest Cyber’s technology into its existing products and services to create the first solution to deliver comprehensive internal and external cyber defence mapped to risk maturity.
“Despite the extensive range of cybersecurity vendors, a significant gap persists in the market concerning comprehensive solutions that empower clients to assess, operationalise, validate, and mitigate risks,” said James Rosenthal, CEO and co-founder of BlueVoyant. “The integration of BlueVoyant’s and Conquest Cyber’s capabilities addresses this shortfall, bolstering our ability to protect clients’ internal and external digital ecosystems in a more comprehensive manner.”
“Conquest Cyber has built its powerful reputation from building technology that helps secure the sectors critical to our ways of life,” said Jeffrey J. Engle, chairman and president of Conquest Cyber. “We pride ourselves on providing radical transparency to key decision-makers within high-security organisations to enhance their cybersecurity posture and digital resiliency through risk informed protection, detection, and response at machine speeds. We are excited to join forces with BlueVoyant and combine our expertise to continue to ensure customers have modern solutions for their unique cybersecurity needs.”
