Boston-based private equity firm ( Bostonbased 145m Nightdragon ) Advent International has agreed to acquire a majority stake in NightDragon Security, a cybersecurity firm founded by former members of the elite hacking group Anonymous.
Founded in 2016, NightDragon Security provides a suite of cybersecurity products and services designed to help organizations protect themselves against cyber threats. The company’s founders, who have extensive experience in the field of cybersecurity, have developed a unique approach to the protection of digital assets that combines cutting-edge technology with a deep understanding of the motivations and tactics of cyber criminals.
Advent International’s investment will help NightDragon Security accelerate the growth of its business and expand its reach into new markets. With Advent’s support, NightDragon will continue to develop its innovative products and services and build on its strong foundation to become a leading provider of cybersecurity solutions.
Why Advent Is Investing in NightDragon
Advent International has a long history of investing in technology companies, and its investment in NightDragon Security is aligned with the firm’s commitment to backing entrepreneurs who are driving innovation in the technology sector.
Advent has helped build some of the world’s leading technology businesses, including Atlassian, a leading provider of collaboration software; DocuSign, a leading provider of electronic signature solutions; and HubSpot, a leading provider of inbound marketing and sales software. The firm’s experience in the technology sector and its global network of resources will be a valuable asset to NightDragon Security as the company looks to grow its business.
What NightDragon Does
NightDragon Security provides a suite of cybersecurity products and services designed to help organizations protect themselves against cyber threats. The company’s founders have developed a unique approach to the protection of digital assets that combines cutting-edge technology with a deep understanding of the motivations and tactics of cyber criminals.
NightDragon’s products and services are designed to address the full spectrum of cyber threats, including phishing attacks, malware infections, and data breaches. The company’s platform utilizes a combination of machine learning, artificial intelligence, and human intelligence to identify and block threats before they can cause harm.
In addition to its technology platform, NightDragon Security offers a range of professional services, including incident response, forensics, and threat intelligence. These services are designed to help organizations prepare for, respond to, and recover from cyber attacks.
The company’s founders have extensive experience in the field of cybersecurity and have built a strong team of experts who are passionate about protecting organizations from the ever-evolving threat landscape. NightDragon Security is backed by leading venture capital firms, including NEA, Obvious Ventures, and unsung.
Why Cybersecurity Is Important
The increased prevalence of cyber attacks has made cybersecurity a top priority for organizations of all sizes. Cyber criminals are constantly evolving their methods and tactics, and the traditional approaches to security are no longer adequate.
Organizations must now adopt a proactive approach to cybersecurity, which includes the implementation of cutting-edge technologies and the engagement of experienced security professionals. NightDragon Security’s unique approach to the protection of digital assets can help organizations keep pace with the changing threat landscape and safeguard their data and systems against the most sophisticated cyber threats.
Conclusion
Advent International’s investment in NightDragon Security is a vote of confidence in the company’s innovative products and services and its ability to help organizations protect themselves against cyber threats. NightDragon’s founders have extensive experience in the field of cybersecurity and have built a strong team of experts who are passionate about protecting organizations from the ever-evolving threat landscape. With Advent’s support, NightDragon will continue to develop its innovative products and services and build on its strong foundation to become a leading provider of cybersecurity solutions.
