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SolCyber is solcyber 20m forgepoint capitalwiggersventurebeat a cybersecurity solutions company that helps organizations monitor, prevent and respond to cyber threats. The company recently raised $20 million in Series A funding led by ForgePoint Capital. It plans to grow its team from 12 to 20 employees by 2021. This round of funding will help the company scale and continue to improve its cybersecurity solutions.
Series A round led by ForgePoint Capital
Managed security services startup SolCyber has announced that it has raised $20 million in a series A round led by ForgePoint Capital. The company plans to use the funds to expand its service offerings, market access, and technology. It also plans to increase its hiring strategy. It is positioned to grow quickly as the cost of cybercrime continues to rise. The company is focused on helping businesses reduce their risk of being a victim of cybercrime.
The company’s technology stack includes endpoint protection, email security, and Active Directory abuse protection. It also offers 365-day log retention and 24-hour monitoring from its security operations center. The $20 million Series A round will help SolCyber grow its customer base and expand its product suite.
Solcyber 20m Forgepoint Capitalwiggersventurebeat
SolCyber plans to use the funding to expand its product portfolio, build out its team, and accelerate its go-to-market efforts. The company has partnered with ForgePoint Capital, one of the largest cybersecurity investment funds. The venture capital firm has a portfolio of 36 cybersecurity companies and an Advisory Council made up of 75 industry leaders. It recently added 10 new cybersecurity organizations to its portfolio.
ForgePoint Capital is a cybersecurity venture capital firm that has backed more than 30 cybersecurity startups and its founders currently serve on the boards of many of these startups. SolCyber’s founding team includes David Emerson, the former CTO of AppGate. Charles Ho served as head of product management at Ubiq and Scott McCrady served in senior positions at SonicWall.
Solcyber 20m Forgepoint Capitalwiggersventurebeat
SolCyber’s 20m Series A round led by Forgepoint Capital will help the company improve its product offerings and expand its go-to-market efforts. The company currently employs 12 people and plans to increase its staff to 20 by the end of the year.
With the new funding, SolCyber plans to expand its platform and expand its Foundational Coverage, as well as to create a single security portal for its customers. Its focus is to provide the best customer experience possible.
Technology stack includes endpoint protection, email security, Active Directory abuse prevention, and admin exploitation prevention
With a $20 million Series A financing round from ForgePoint Capital, SolCyber has a solid foundation for continued growth. The investment is part of an overall effort to expand the company’s technology stack, including endpoint protection, email security, Active Directory exploitation prevention, and admin exploitation prevention. This growth will help the company extend its product offerings and grow into the midmarket. SolCyber’s team includes cybersecurity experts such as Charles Ho and Scott McCrady, as well as senior product management executives.
SolCyber is a managed security services provider that helps organizations monitor, prevent, and respond to cyber threats. The company has recently raised $20 million from ForgePoint Capital and plans to double its staff by 2021. With this money, the company can scale its business in broker networks, increase its customer base, and improve its hiring strategy.
Solcyber 20m Forgepoint Capitalwiggersventurebeat
The $20 million Series A funding round led by ForgePoint Capital will enable the company to expand its product offerings and expand its team aggressively. The company is also working with another Forgepoint startup, Converge, to make cybersecurity insurance more affordable. Together, the two companies hope to develop a single security portal to help customers purchase and manage their cyber insurance.
A comprehensive security posture is important for lowering cyber risk and boosting cyber resilience. As the threat landscape changes, so must your security posture. With a comprehensive security stack, you can protect your company against the latest threats and protect your most important assets, including employees, endpoints, and IP. The solution can be accessible around the clock and help you prevent breaches before they occur.
The company employs 12 people today and expects to hire 20 by the end of the year. It has been in stealth mode for the past year, but it expects to scale rapidly as the demand for cybercrime continues to grow. With $20 million in Series A funding, the company is well positioned to capitalize on the growing demand for cybersecurity services.
Plans to expand staff to 20 employees
SolCyber, a managed security service provider, is expanding its staff and launching new products. The company recently raised $20 million from ForgePoint Capital. The money will be used to increase its product line and go-to-market efforts. With the growing need for cyber security, the company is poised to continue growing rapidly. It currently has 12 employees and plans to grow to 20 people later this year. The company is currently focused on increasing its customer base, which will help it expand to new customers and markets.
SolCyber’s technology stack will include email security, endpoint protection, Active Directory abuse prevention, and admin exploitation prevention. It will also offer a security operations center that will provide 365-day log retention and twenty-four-hour monitoring. It has recently emerged from stealth mode and intends to use the money to further refine its goods and services.
Solcyber 20m Forgepoint Capitalwiggersventurebeat
With $20 million in Series A funding, SolCyber is positioning itself as the first modern MSSP. Its security offerings are aimed at mid-market companies and incorporate a curated technology stack to help them solcyber 20m forgepoint capitalwiggersventurebeat improve their security posture. The company also offers endpoint with EDR capabilities, advanced email security, and active directory and admin exploitation prevention. Its MSSP offerings are wrapped in a comprehensive security approach, allowing customers to get the benefits of MSSP security and still save money.
With this new partnership, SolCyber also partners with Converge, a cyber insurance company also incubated at Forgepoint. The two companies aim to simplify cyber insurance and make it easier for small businesses to access and use. The companies plan to strengthen Foundational Coverage, upgrade their platform, and develop a unified security portal for customers. They also plan to focus on providing the best customer experience.
The solcyber 20m forgepoint capitalwiggersventurebeat company currently employs twelve employees and plans to expand its workforce to twenty by the end of the year. It plans to compete in the growing information security market, which is expected to reach $170 billion by 2022. The company’s technology stack consists of email security, protection from Active Directory abuse, and admin exploitation prevention, as well as security training and support. However, despite its rapidly expanding staff, it still doesn’t have a revenue stream yet.
Partnership with Converge
SolCyber, a company backed by Forgepoint Capital, has announced a partnership with Converge to redefine cyber insurance in the mid-market. The partnership is meant to help mid-size organizations improve their security posture and reduce their business risks while providing an easier application process.
The funding will help SolCyber expand its broker network and refine its product features. The company aims to improve the cybersecurity posture of solcyber 20m forgepoint capitalwiggersventurebeat small to mid-sized businesses by offering a curated stack of enterprise-grade security tools and streamlined security services. It also hopes to expand its community of cybersecurity professionals.
The $20 million Series A funding round was led by ForgePoint Capital. The solcyber 20m forgepoint capitalwiggersventurebeat startup plans to use the money to expand its product offering, expand its brand awareness, boost customer acquisition, and aggressively develop its team. It currently has twelve employees but plans to expand its workforce to more than 20 by the end of the year. Its goal is to help organizations respond to the rising threat of cybersecurity.
Solcyber 20m Forgepoint Capitalwiggersventurebeat
As cybersecurity becomes more of a priority for businesses, SolCyber plans to expand its reach with more customers and resellers. Its new $20 million funding will help improve its technology and expand its reach in the market. With the growing demand for cybersecurity solutions, the company is well-positioned to grow rapidly.
The new funding from ForgePoint Capital will help the company continue to enhance its product and expand its go-to-market efforts. SolCyber plans to upgrade its platform, enhance Foundational Coverage, and develop a single security portal for its customers. These investments will help the company provide the best security experience possible to its customers.
