Solcyber Series Forgepoint Capitalwiggersventurebeat
SolCyber is solcyber series forgepoint capitalwiggersventurebeat a cybersecurity solutions provider that has just raised $20 million in Series A funding. The Company offers security solutions as a foundational, high-value offering. It has also partnered with cyber insurance provider Converge. The next step for the Company will be to secure partnerships with other companies in the cyber insurance space.
SolCyber raises $20 million in series A funding
Cyber security startup SolCyber has secured $20 million in series A funding from ForgePoint Capital to continue its rapid expansion and product development. This new funding will allow the company to expand its product offering and strengthen its marketing and go-to-market strategies. With the rising costs of cybercrime, the company’s solutions are well-positioned to scale with the global market for cyber defense.
The $20 million Series A funding round will allow SolCyber to expand its product offerings and expand its team. It plans to focus on email and endpoint security, as well as prevent the abuse of Active Directory and other administrative tools. In addition, the company will expand its training offerings to help organizations combat phishing attacks. The company also plans to add a security operations center to help its customers monitor their network security.
Solcyber Series Forgepoint Capitalwiggersventurebeat
With this new round of funding, SolCyber is positioning itself as the next-generation MSSP. Its investors include ForgePoint Capital, which has experience in the MSSP market. The company will use the funds to expand its technology offerings, expand its customer base, and accelerate its go-to-market efforts.
SolCyber will use the new funding to expand its presence in broker networks and continue developing its products. The company’s mission is to help small and mid-sized organizations improve their cybersecurity posture. Through its curated suite of enterprise-grade security tools, the company aims to make cyber security simpler and more affordable for mid-market organizations. The new funding will also support SolCyber’s aggressive hiring strategy.
Solcyber Series Forgepoint Capitalwiggersventurebeat
Forgepoint Capital is the world’s largest cybersecurity venture capital firm, with more than 30 companies in its portfolio. Its advisory council includes 75 senior executives from diverse industries. It has also acquired several firms, including Surefire Cyber, which helps cyber brokers and insurers respond to cyber incidents. The SolCyber fund will initially focus on the digital security sector and ultimately invest in companies that build the future of the internet.
The company is working to integrate its platform with Converge, another startup incubated at Forgepoint. This will help it build a single security portal for their solcyber series forgepoint capitalwiggersventurebeat customers. The company is committed to providing the best customer experience and protection. This investment comes as the cybersecurity market continues to grow.
The company has attracted tremendous industry interest with its innovative technology. Its mission is to help companies protect their cloud native infrastructure early in its development and to maintain that posture throughout its runtime. Its technology solutions combine threat intelligence with policy enforcement and enable self-healing. It also boasts technology integrations with leading companies including HashiCorp, a software development platform leader, and CircleCI, a DevOps platform provider.
Company partners with cyber insurance provider Converge
SolCyber, a managed security service provider, recently raised $20 million in series A funding from ForgePoint Capital. This new funding will help the company develop its products and extend its go-to-market efforts.
Converge is an emerging cyber insurance provider and a partner of SolCyber. The partnership aims to simplify cyber insurance application processes and reduce costs for midsized organizations. This means that SMBs can focus on other important aspects of their solcyber series forgepoint capitalwiggersventurebeat business while still maintaining a strong security posture. The partnership also promises significant savings in premiums, with up to 30% savings.
Solcyber Series Forgepoint Capitalwiggersventurebeat
SolCyber also joins Marsh’s Cybersecurity Marketplace Services, a service that extends the brokerage model to cybersecurity. This service provides organizations with objective advice and a curated list of cybersecurity vendors. These vendors are pre-vetted by cybersecurity specialists to make sure they’ll be effective and easy to use. They also evaluate vendors’ technology, interoperability, and pricing.
SolCyber’s partnership with Converge also leads to lower cost and coverage for cyber insurance. SolCyber is now a member of the Marsh Cybersecurity Marketplace Services, which was launched in April of this year. The service targets US companies and streamlines cyber insurance onboarding for new clients.
