Blackpoint Cyber is a technology company.
Blackpoint Cyber has raised $190.0M across 1 funding round.
Blackpoint Cyber has raised $190.0M in total across 1 funding round.
Blackpoint Cyber has raised $190.0M in total across 1 funding round.
Blackpoint Cyber's investors include Andreessen Horowitz, Bain Capital, Craft Ventures, Khosla Ventures, SciFi VC, Marc Benioff, Michael Birch.
Blackpoint Cyber is a cybersecurity company specializing in Managed Detection and Response (MDR) services, delivering 24/7 proactive protection through proprietary technology and an expert Security Operations Center (SOC).[1][2][4][5] Founded in 2014 by former U.S. Department of Defense and intelligence experts, it serves Managed Service Providers (MSPs) and organizations worldwide, solving the problem of stealthy cyber threats that traditional endpoint detection tools miss by focusing on attacker behavior patterns like lateral movement.[1][3][4][8] Key products include the SNAP-Defense platform for threat hunting and response, LogIC for compliance logging, and an identity-driven MDR ecosystem offering SIEM, EDR, vulnerability management, SaaS security, and dark web monitoring.[1][7][8] With around 120-140 employees, $197.2M in total funding (including a $190M recent round), and $29.4M revenue, Blackpoint demonstrates strong growth by empowering MSPs to scale security without tool sprawl.[4][8]
Blackpoint Cyber was founded in 2014 by former U.S. Department of Defense and intelligence security experts with deep knowledge of malicious tradecraft, initially headquartered in Ellicott City, Maryland (with a later office in Denver, Colorado).[1][3][4][8] The idea emerged from their real-world experience combating nation-state-grade threats, leading to the development of SNAP-Defense as a next-gen platform to detect lateral movement in its earliest stages and neutralize threats before spread.[1][8] Early traction came from building a proprietary ecosystem tailored for MSPs, evolving into a full MDR service with patented technology and a 24/7 ThreatOps center, positioning it as a frontrunner in the space.[3][4]
Blackpoint stands out in cybersecurity through these key strengths:
Blackpoint rides the surging demand for MDR amid escalating cyber threats, where traditional tools fail against stealthy tactics like living-off-the-land attacks in cloud environments.[3][6] Timing is ideal as MSPs face tool sprawl, compliance pressures, and resource limits, with market forces favoring proactive, consolidated platforms over alert-heavy solutions—evidenced by Blackpoint's funding and partner trust.[6][8] It influences the ecosystem by empowering MSPs as security heroes, disrupting incumbents through scalable analytics and outcomes-focused metrics, while enabling global businesses to counter advanced persistent threats without in-house expertise.[3][4][7]
Blackpoint Cyber is poised for expansion with its $197M funding fueling platform enhancements and global reach, targeting deeper AI-driven threat prediction and broader SaaS/cloud coverage.[8] Rising ransomware, AI-augmented attacks, and regulatory demands will shape its trajectory, amplifying MDR adoption as businesses prioritize outcomes over alerts.[6] Its MSP focus and behavioral detection edge position it to evolve from protector to indispensable ecosystem orchestrator, sustaining momentum in a market projected to grow amid perpetual threat evolution—cementing its role in making elite cybersecurity ubiquitous.[2][3][5]
Blackpoint Cyber has raised $190.0M across 1 funding round. Most recently, it raised $190.0M Series C in June 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2023 | $190.0M Series C | Andreessen Horowitz, Bain Capital, Craft Ventures, Khosla Ventures, SciFi VC, Marc Benioff, Michael Birch |