Managed Security Services startup BlueVoyant secured $68 Million from Temasek

BlueVoyant, a New York-based global expert-driven cyber-security services company, has now secured $68 million in third funding round.

BlueVoyant is founded by Jim Rosenthal in the year 2017. It allows organizations to operationalize ecosystem-scale cybersecurity to protect efficiently and effectively. Since its operation, the company has expanded its customer base to more than 300 customers across the globe in 16 different industries.

Jim Rosenthal, co-founder, and CEO of BlueVoyant said, "This latest round of funding will enable BlueVoyant to continue to service and build our ever-growing customer base, providing them with the most advanced cybersecurity defense capabilities. We are delighted to have generated such strong investor demand. This in turn helps us develop the managed services we offer, including combining our capabilities into our new Risk Operations Center to manage cyber risk for supply chains and investment portfolios. BlueVoyant has demonstrated its expertise and vision, identifying a clear market need for exceptional cybersecurity to defend both large and medium-sized enterprises."

The round, which brought the total funding to $275 million, was backed by the Temasek. Some of the existing investors along with few new have also participated in the latest funding round.

The company, as of now has plans to use the new funds to scale its growth plans across its three business verticals. The growth verticals include Managed Security Service, Cyber Defense Services, and Third-Party Cyber Risk Services.

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