Among the most popular names in the business of cybersecurity, Liberty Strategic Capital (LSC) is a firm that focuses on protecting companies’ sensitive data and assets. The firm provides a variety of products, including BlueVoyant, Cybereason, and Zimperium, each of which can help you protect your information.
BlueVoyant
Despite the ongoing threat of cyberattacks, cybersecurity companies are continuing to see high valuations. This is a result of increased demand for cybersecurity solutions. The demand for cybersecurity services is driven by the increased severity of cyber threats, as well as the increasing importance of pandemics and the use of hybrid work models.
BlueVoyant, LLC is a cybersecurity provider that provides solutions to manage both internal and external risk. BlueVoyant combines best-in-class cybersecurity defense technology with a managed services platform. Founded in 2005, BlueVoyant is one of the leading cybersecurity companies on the market. This cybersecurity company has experienced triple-digit growth momentum and a rapid customer growth rate. In addition to protecting networks and enterprise data, BlueVoyant offers enterprise solutions to protect supply chains.
Founded by former Treasury Secretary Steven Mnuchin, Liberty Strategic Capital is a private equity firm that invests in companies that provide solutions for cybersecurity. The firm has previously invested in companies such as Arctic Wolf Networks Inc. and eSentire Inc.
Cybereason
Earlier this month, the Israeli-American cybersecurity startup Cybereason announced that it has secured nearly $75 million in a new round of funding. The round was led by Liberty Strategic Capital, a fund started by former Treasury Secretary Steven Mnuchin. He will serve on the company’s board of directors. Previously, Mnuchin was the U.S. Secretary of the Treasury and a member of the National Security Council.
The company, which was founded in 2012, provides operation-centric cyber attack protection, focusing on preventing malicious operations targeting U.S. government agencies. In addition, it offers endpoint detection and response services, which helps businesses quickly detect and respond to malicious operations. Cybereason also launched a program called Defenders League that allows channel partners to use its technology.
The company’s recent growth has been driven by the company’s AI-powered Cybereason Defense Platform, which reduces the time it takes to recover from enterprisewide cyberattacks. The platform details the entire attack story, allowing organizations to detect and respond to malicious operations.
Contrast Security
Founded in 2014 by Jeff Williams and Arshan Dabirighi, Contrast is one of the companies in the devSecOps space that are on the cusp of a big bang. In the devSecOps world, the big bang is the integration of security into the software development life cycle. While most companies use manual tests to secure code, Contrast offers a more sophisticated solution to that equation. Its aptly named Application Security Platform offers the best of both worlds, extending protection to the production application. The platform’s key benefits include an improved developer productivity, reduced cyber risk, and the ability to spot and remediate vulnerabilities before they cause a problem.
The company’s product line includes the world’s first code security platform, an application security platform, and a security observability solution. The company has a robust customer base that includes tens of thousands of developers in companies such as Google, Facebook, Microsoft, and Amazon Web Services. The company also recently joined the Linux Foundation and the Cloud Native Computing Foundation, two organizations that share the same vision. The company recently secured a substantial funding round, including the $150 million Series E led by Liberty Strategic Capital, which valued the company at over $1 billion.
Zimperium
Earlier this year, private equity firm Liberty Strategic Capital announced its acquisition of mobile security company Zimperium. The $525 million deal is the firm’s fourth cybersecurity investment. Zimperium is a leading mobile threat defense company. It provides real-on-device protection to mobile devices and helps protect enterprises from security threats, fraud, and regulatory penalties. It also prevents sensitive data loss.
Conclusion
Liberty Strategic Capital is led by former U.S. Treasury Secretary Steven T. Mnuchin and focuses on investments in cybersecurity companies. Mnuchin believes that mobile security is the front line of cybersecurity today. The number of mobile devices in the world is expected to grow to 18.2 billion by 2025. Mobile devices access corporate communications, files, and data, which makes them a prime target for criminals. In fact, 75% of phishing sites target mobile devices. In addition, Zimperium’s 2022 Global Mobile Threat Report reveals that one in four mobile endpoints encountered malicious applications last year. The company’s research has expanded to address this growing threat.