Coalfire

Coalfire

Cybersecurity advisory and managed services provider

About Coalfire

Simplify's Rating
Why Coalfire is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Consulting

Cybersecurity

Company Size

501-1,000

Company Stage

Series B

Total Funding

$9.4M

Headquarters

Westminster, Colorado

Founded

2001

Overview

Coalfire provides cybersecurity advisory services to help businesses safeguard their digital assets and enhance their security protocols. The firm specializes in cloud technology and develops scalable security programs tailored to the needs of its clients, which include large enterprises, SaaS providers, and organizations in regulated sectors like healthcare and finance. Coalfire's services encompass cybersecurity risk assessments, threat and vulnerability management, compliance assessments, and third-party risk management. They also offer cloud security consulting and managed services to ensure clients' cloud environments are secure and compliant. Unlike many competitors, Coalfire focuses on a combination of expert advisory and managed services, charging fees for consulting, security services, and compliance assessments. The company's goal is to advance cybersecurity practices while supporting education in the field through initiatives like the Richard E. Dakin Fund.

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Simplify's Take

What believers are saying

  • Coalfire's Cyber Security On-Demand portfolio offers flexible, tailored cybersecurity services.
  • The Snyk partnership accelerates vulnerability remediation in code development.
  • RAMPCon event boosts Coalfire's reputation in FedRAMP and cloud security.

What critics are saying

  • Rapid office expansion may strain Coalfire's resources and operational efficiency.
  • Integrating third-party platforms like Snyk could introduce security vulnerabilities.
  • FedRAMP involvement may risk compliance failures, impacting reputation and trust.

What makes Coalfire unique

  • Coalfire's deep expertise in cloud technology sets it apart in cybersecurity advisory.
  • The company offers specialized services like HIPAA and HITRUST compliance guidance.
  • Coalfire's partnerships with Snyk and Tenable enhance its threat-focused security solutions.

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Funding

Total Funding

$9.3M

Below

Industry Average

Funded Over

3 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Below Average

Industry standards

$35M
$3.6M
Coalfire
$30M
Patreon
$45M
Linktree
$65M
Substack
$100M
ClickUp

Benefits

Flexible Work Hours

Remote Work Options

Parental Leave

Unlimited Paid Time Off

Professional Development Budget

Mental Health Support

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

2%

2 year growth

2%
BizWest
Sep 11th, 2024
Exabeam appoints chief customer success officer

BROOMFIELD - Kish Dill has been appointed as chief customer success officer for Exabeam Inc., a global cybersecurity company.

BizWest
Aug 23rd, 2024
Sovrn hires pair of executives

Coalfire hires pair of execsWESTMINSTER - Coalfire Systems Inc., a Westminster-based cybersecurity firm, has hired Chris Kloes as chief...

PR Newswire
Aug 5th, 2024
Coalfire And Snyk Partner To Drive Threat-Informed Application And Code Development

This partnership brings Coalfire's hacker expertise as a managed service for optimizing application securityLAS VEGAS, Aug. 5, 2024 /PRNewswire/ -- BLACK HAT CONFERENCE -- Coalfire , an industry-leading cybersecurity services and solutions company, today announced a partnership with Snyk , the leader in developer security, to operationalize application and code security faster than ever. This partnership brings Coalfire's hackers and defenders to the critical work of detecting and stopping vulnerabilities in the code development phase and beyond. Combining Snyk's leading Developer Security Platform with Coalfire's hacker expertise provides a threat-informed view of vulnerabilities, enabling enterprises to more rapidly address the most pressing flaws in their code and applications.Organizations of all sizes often struggle with enabling their security teams to reduce risk in their development environments, whether in proprietary code, open source modules, containers, or Infrastructure as Code. Snyk's world class platform enables developer teams to identify and fix those vulnerabilities and misconfigurations from the integrated development environment (IDE) to the operation of their cloud environments. The addition of Coalfire's hackers and defenders brings in a threat-informed perspective to prioritize the remediation of those vulnerabilities, which optimizes security outcomes for customers.Through this partnership, Coalfire's experts assist clients with deployment of the Snyk platform, implementing Snyk best practices, facilitating comprehensive testing, reviewing scan results and prioritizing vulnerabilities, as well as providing expert guidance on risk management and secure coding

The Software Report
Aug 5th, 2024
Procore Technologies Initiates FedRAMP Authorization Process to Enhance Security Compliance

Procore has partnered with Coalfire, a renowned cybersecurity and compliance services company, to ensure that its customers benefit from standardized security and continuous monitoring across its product suite, efficiently achieving audit-ready status.

Help Net Security
Jul 24th, 2024
Coalfire announces Cyber Security On-Demand portfolio

Coalfire announced its Cyber Security On-Demand portfolio to provide a flexible set of services that reduce cyber risks and remediate security vulnerabilities in customer environments.

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