Blackpoint Cyber

Blackpoint Cyber

Provides cybersecurity solutions for businesses

About

Blackpoint Cyber provides cybersecurity solutions designed to protect businesses from cyber threats, specifically targeting Managed Service Providers (MSPs) and their clients. The company's main product is its Managed Detection & Response (MDR) technology, which integrates network visualization, tradecraft detection, and endpoint security to identify and neutralize cyber threats early. This proactive method allows Blackpoint Cyber to stop advanced attacks more quickly than many competitors. Additionally, the company offers services like Cloud Response, which adapts the MDR service for hybrid and cloud environments, and Managed Application Control, which simplifies application oversight for partners. By selling its solutions to MSPs, Blackpoint Cyber can effectively scale its operations and serve a diverse range of businesses. The goal of Blackpoint Cyber is to provide comprehensive and proactive cybersecurity protection to help organizations defend against evolving cyber threats.

Company Stage

Series C

Employees

51-200

Industries

Cybersecurity

Total Funding

$197.5M

Headquarters

Ellicott City, Maryland

Founded

2014


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Simplify's Take

What believers are saying

  • Growing demand for cybersecurity in remote and hybrid work environments.
  • Increased focus on AI-driven threat detection enhances MDR capabilities.
  • Rising investment in cybersecurity by small and medium-sized businesses.

What critics are saying

  • Increased competition from firms offering similar MDR solutions.
  • Dependence on MSPs for revenue generation poses financial risks.
  • Cybersecurity talent shortage may impact service quality.

What makes Blackpoint Cyber unique

  • Proprietary MDR technology combines network visualization, tradecraft detection, and endpoint security.
  • Blackpoint Cyber's solutions are tightly integrated with Microsoft security technology.
  • The Community Protection Program offers free licenses and 24/7 monitoring for MSPs.

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Growth & Insights
Headcount

6 month growth

1%

1 year growth

7%

2 year growth

101%

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