SECURITY
SECURITY
SECURITY
Chertoff Group affiliate MC² Security Fund acquires cybersecurity company Trustwave
The MC² Security Fund, an affiliate of investment firm The Chertoff Group LLC, has acquired cybersecurity company Trustwave Holdings Inc. for an undisclosed price.
Founded in 1995 and owned by Singapore telecommunications giant Singtel Holdings Ltd. following a $810 million acquisition in 2015, Trustwave offers a suite of cybersecurity services, including managed detection and response, managed security services, cyber advisory, penetration testing, database security and email security.
The company also has a team of researchers under the SpiderLabs brand undertaking threat research and intelligence. The intelligence gathered is infused into Trustwave services and products to fortify cyber resilience in the age of inevitable cyberattacks.
The combination of SpiderLabs researchers and Trustwave’s Fusion Security Operations platform enables it to meet the strenuous security needs of global enterprises. The company claims it is positioned to respond better and faster to a wider and more comprehensive array of potential threats and attacks in clients’ environments, allowing teams to make more informed decisions sooner to contain threats and protect their organizations.
MC² and the Chertoff group plan to continue running Trustwave as a standalone business but will combine Trustwave’s cybersecurity portfolio with its proven track record of driving security outcomes and building value in the industry.
“Alongside MC², The Chertoff Group and their tremendous expertise, we are positioned to further extend the global reach of our comprehensive offensive and defensive cybersecurity portfolio, providing organizations with unmatched protection and strategic guidance,” Trustwave Chief Executive Officer Eric Harmon said in a statement.
The MC² Security Fund is a growth equity fund founded by the executive leadership team of The Chertoff Group. MC² makes private equity investments in high-growth companies supporting enduring, mission-critical security requirements within the security and risk management industry. The fund invests in sectors including cybersecurity, defense technology, government services and homeland security.
Image: Trustwave
A message from John Furrier, co-founder of SiliconANGLE:
Support our mission to keep content open and free by engaging with theCUBE community. Join theCUBE’s Alumni Trust Network, where technology leaders connect, share intelligence and create opportunities.
- 15M+ viewers of theCUBE videos, powering conversations across AI, cloud, cybersecurity and more
- 11.4k+ theCUBE alumni — Connect with more than 11,400 tech and business leaders shaping the future through a unique trusted-based network.
Are you AWS customer? Support SiliconANGLE Financially by buying your AWS services from our Marketplace portal page and links.
About SiliconANGLE Media
SiliconANGLE Media is a recognized leader in digital media innovation, uniting breakthrough technology, strategic insights and real-time audience engagement. As the parent company of SiliconANGLE, theCUBE Network, theCUBE Research, CUBE365, theCUBE AI and theCUBE SuperStudios — with flagship locations in Silicon Valley and the New York Stock Exchange — SiliconANGLE Media operates at the intersection of media, technology and AI.
Founded by tech visionaries John Furrier and Dave Vellante, SiliconANGLE Media has built a dynamic ecosystem of industry-leading digital media brands that reach 15+ million elite tech professionals. Our new proprietary theCUBE AI Video Cloud is breaking ground in audience interaction, leveraging theCUBEai.com neural network to help technology companies make data-driven decisions and stay at the forefront of industry conversations.
