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RedSeal’s Cyber Terrain Analytics Platform Lauded Across Verticals with Seven Awards for Excellence

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Financial, technology, government and cyber sector accolades propel RedSeal to sixth year on JMP Securities’ hottest private cybersecurity companies list

SAN JOSE, Calif. — RedSeal today announced that it has received seven new honors in the last six months. Trusted by all four branches of the military, and more than 250 of the world’s most credible healthcare institutions, power grid companies and mission-critical government agencies, its cyber terrain analytics platform is the world’s only solution that helps improve cyber resilience to security events by showing security teams what’s on their networks, how everything is connected across physical assets and those in public and private cloud environments, and the associated risk.

RedSeal’s executives and its technology — which helps validate policies, expedite investigations, and prioritize issues that compromise an organizations’ most reachable, valuable assets — received honors from the following organizations:

  • JMP Securities’ JMP Elite 80, which ranks the “hottest privately held cybersecurity and IT infrastructure companies,” featured RedSeal for the sixth consecutive year.
  • CRN’s 2020 Partner Program Guide recognized RedSeal as a 5-Star Security Vendor for offering the most comprehensive training, services, benefits and incentives to its partners.
  • For the third consecutive year, TMCNet’s Cloud Computing Security Excellence Awards named RedSeal its winner for consistently demonstrating the advancement of technologies to secure cloud applications.
  • Security Today’s 11th annual Govies Government Security Awards named RedSeal the 2020 Platinum Winner in two separate categories: outstanding solution for network security, as well as security and risk intelligence in the government sector.
  • Juniper Research’s Future Digital Awards, which honors the most innovative solutions for digital service providers and leading players in the market, gave its Platinum security award to RedSeal, for its exceptional network protection platform.
  • The Stevie Awards’ 2019 Women in Business Award selected Julie Parrish, RedSeal’s chief operating officer, as a Woman of the Year for Technology, for her outstanding achievements as a leader and for her roles in successfully increasing the company’s market.

“Across industries, these awards recognize the value our cyber terrain analytics platform delivers: unrivaled control in the face of escalating cyber complexity and threats,” said Ray Rothrock, chairman and CEO at RedSeal. “Every day I’m grateful for – and inspired by – the dedication and ingenuity I see from each of our exceptionally talented team members.”

RedSeal Announces Equity Investment from STG Partners

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STG expands into cybersecurity space with majority stake in RedSeal, the leader in cyber risk modeling for hybrid environments

SAN JOSE, Calif. – April 10, 2019 – RedSeal, the leader in cyber risk modeling for hybrid environments announced today a growth equity investment from Symphony Technology Group (STG). Funding from the investment will support and accelerate RedSeal’s strong growth and market momentum.

More than 220 Global 2000 corporations and mission-critical government agencies, including all branches of the U.S. military, as well as power grid companies and the world’s most trusted financial institutions, depend on RedSeal. Its award-winning cyber risk modeling platform helps validate an organization’s security posture, accelerate investigation and improve productivity of network and security teams.

STG selected RedSeal because of the company’s innovative approach, proven track record, experienced leadership team, and passionate customer and employee base. Globally, organizations’ cyber terrain is increasingly complex, and they need end-to-end visibility across their network infrastructures to be resilient. Only RedSeal models the entire hybrid data center – including public cloud, private cloud, and physical networks. Its powerful analytics help security teams better prepare for and contain cyber risks within minutes and not days.

“The RedSeal platform is a truly differentiated offering and a must-have for all enterprises, public or private,” said STG Managing Director J.T. Treadwell. “The scale and depth of RedSeal’s modeling and analytic capabilities are unique in the market, and they create meaningful insights to inform and empower today’s overmatched security teams. The force multiplying that customers experience with RedSeal is the definition of using insights and understanding to optimize effort for impact, a vision that STG has pursued in many of our most successful investments. Given this shared mission of using real-time insights at scale to drive impact, RedSeal was a strategic choice for our firm’s first investment into cybersecurity, and we are thrilled to partner with Ray Rothrock and the leadership team to help them accelerate their growth.”

“We have found a growth partner in STG,” said Ray Rothrock, chairman and CEO of RedSeal. “They are aligned with our digital resilience strategy, and the enormous value that understanding your cyber terrain has on driving down your cybersecurity risks and exposure. STG’s collaboration and investment will help us further strengthen our position in the industry, expand and pursue growth opportunities, and drive increasing value to our customers.”

Atlas Technology Group acted as financial advisor and Paul Hastings acted as legal advisor to STG. Wilson, Sonsini Goodrich and Rosati (WSGR) acted as legal advisor to RedSeal.

About RedSeal

RedSeal’s cyber risk modeling platform for hybrid environments is the foundation for enabling enterprises to be resilient to cyber events across public cloud, private cloud and physical network environments. RedSeal helps customers understand their network from the inside out – providing actionable intelligence, situational awareness and a Digital Resilience Score to help enterprises measure and improve their resilience. Government agencies and Global 2000 companies around the world rely on RedSeal to help them validate their overall security posture, accelerate investigation and improve the productivity of their security and network teams. RedSeal is headquartered in San Jose, California. Follow RedSeal on Twitter and LinkedIn.

About STG
STG is the private equity partner for market-leading data, software and analytics companies. The firm brings expertise, flexibility, and resources to build strategic value and unlock the potential of innovative companies. Partnering to build customer-centric, market-winning portfolio companies, STG creates sustainable foundations for growth that bring value to all existing and future stakeholders. The firm is dedicated to transforming and building outstanding technology companies in partnership with world-class management teams. STG’s expansive portfolio has consisted of more than 30 global companies. For more information, please visit www.stgpartners.com.

Private equity firm STG takes 70 percent stake in cybersecurity firm RedSeal

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Reuters | April 9, 2019

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