Investments

  BlueteamGlobal Grabs $125M in Funding

The cybersecurity arena is getting a bit more cash

As reported, BlueteamGlobal, which has ties to Morgan Stanley, has raised $125 million to offer both cyber threat intelligence and security services.

In terms of focus, the company said that it would target both larger enterprises and SMB customers for its offerings.  In a release, BlueteamGlobal said that it was formed through the merger of three separate cybersecurity businesses, BitVoyant, K2G and K2 Cyber Defense.  Cyber threat intelligence will be geared toward larger firms and the managed services toward smaller firms.

The company will operate across offices in New York, the Washington, D.C., area, London and Tel Aviv, among other areas.  The company will initially target North America and Europe as its areas of geographic focus but will soon broaden that portfolio.

Among the firm’s co founders are former Morgan Stanley Chief Operating Officer Jim Rosenthal, who will serve as CEO; and newly installed Executive Chairman Tom Glocer, who was a former CEO of Thomson Reuters and a member of Morgan Stanley’s board.

Additional employees include Daniel Ennis, who was former director of the National Security Agency’s Threat Operations Center; and Ron Feler, previously deputy commander of the Israel Defense Forces’ elite cyber squad Unit 8200.

The firm’s European Advisory Board will be helmed by Robert Hannigan, former director of British intelligence agency GCHQ.  In addition, according to the release, former FBI cyber officials Austin Berglas and Milan Patel will be responsible for managed-security and professional services.

 

 

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