During the Series E round of Liberty Strategic Capital, a 150 million dollar investment was made by Contrast Security. This is the company’s first investment since its founding in 2010. The new funds will help the company expand its operations and develop new products.
Series E round led by Liberty Strategic Capital
Investing in the latest technology is the focus of Liberty Strategic Capital, a private equity fund based in Washington DC. The fund’s portfolio includes cybersecurity technology companies. The firm’s latest investment is BlueVoyant, which raised a $250 million round of late-stage funding. It intends to use the capital to expand internationally and develop new product offerings.
Liberty Strategic Capital has a history of acquiring cybersecurity technology companies. Their latest investment is BlueVoyant, a company that provides enterprise solutions to protect networks, supply chains, and data. The firm’s latest Series D round includes investors such as Temasek-backed ISTARI, 8VC, and Eden Global Capital Partners.
Liberty Strategic Capital is led by former U.S. Treasury Secretary Steven T. Mnuchin, who has experience in both cybersecurity and payment services. The firm’s focus is on technology companies that are transforming the financial services industry. The firm has made four investments to date.
Liberty Strategic Capital has invested in companies including satellite technology firm Satellogic, cybersecurity firms Cybereason and BlueVoyant, and mobile security platform Zimperium. The fund has a portfolio of companies in the financial services, technology, and fintech industries.
Liberty Strategic Capital is led by former Treasury Secretary Steven T. Mnuchin, a former member of the Trump administration. As Treasury Secretary, he led the modernization of the Internal Revenue Service’s data security systems. He also has an extensive background in national security issues. The firm has a focus on cybersecurity, payment, and new forms of content.
Despite the fact that the Contrast Security hasn’t yet been able to snag a piece of the security pie, it’s still got a pretty good start. In fact, the company has been able to raise $269 million to date. This includes a $150 million Series E round, the largest to date.
Listed above is Contrast’s 150m series E round of VC funding. For the uninitiated, Contrast’s chief executive Alan Naumann aint your average developer. Contrast’s baffling array of customers include AXA, DocuSign, the American Red Cross and SOMPO Japan. Contrast hasn’t been seen to make it to the big leagues yet, but is clearly on the verge of a breakthrough. Contrast is a small but mighty tech juggernaut, albeit one whose marquees you can’t see. The company has a handful of high-profile C-suite execs, including CEO and Founder, Xiong Xiong, and Chief Technology Officer, Kevin Koehler, among others.
The company boasts a whopping 25 employee count, including the CFO, whose illustrious credentials include a stint at Microsoft. Moreover, Contrast has a swagbag of a management team, whose wits about the company are on par with their tech slingers. In a nutshell, Contrast’s top of the line product line, spanning security, cloud and automation, will be a major player in the next decade.