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Announced

Bain Capital Tech Opportunities and Accel to invest $190m in Blackpoint Cyber.

Synopsis

Bain Capital Tech Opportunities, a business unit of Bain Capital, a private investment firm, and Accel, a global venture capital firm that is the first partner to exceptional teams everywhere, agreed to invest $190m in Blackpoint Cyber, a technology-focused cybersecurity company providing its advanced security suite via managed service providers. "Cyber-attacks are becoming more sophisticated and advanced, forcing MSPs to rapidly adapt to protect their customers and infrastructure. Bain Capital Tech Opportunities and Accel bring deep experience in cybersecurity, a sophisticated understanding of the threat landscape, and the resources needed to propel our next phase of growth, and we are thrilled to partner with them and continue providing our MSP partners with an elite and ever-innovative cybersecurity ecosystem." Jon Murchison, Blackpoint Cyber CEO and Founder.

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