Blackpoint Cyber Risk Report

🛡️ Financial & Liquidity

Blackpoint Cyber has shown considerable financial activity through investments and growth funding. The company raised $190 million in a series C investment, emphasizing their commitment to expanding business operations.

• 🗓 On June 8, 2023, Blackpoint Cyber received a $190 million growth investment from Bain Capital Tech Opportunities and Accel.
• Bain Capital and Accel invested $190 million in Blackpoint Cyber on 🗓 June 9, 2023.
• Blackpoint Cyber confirmed series B financing on 🗓 August 25, 2020.

📜 Innovation & R&D

Blackpoint Cyber has been active in product innovation, launching multiple new solutions aimed at improving cybersecurity measures. Their efforts in this domain have emphasized the importance of advancing technology to maintain a competitive edge.

• Blackpoint Cyber unveiled a new CompassOne unified platform aimed at MSSPs on 🗓 April 28, 2025.
• The company expanded its cloud security offering with Cloud Response for Google Workspace on 🗓 September 28, 2023.
• Blackpoint Cyber released the first-ever Cloud MDR for single sign-on on 🗓 October 10, 2023.
• A new integration with Cylance was announced by Blackpoint Cyber on 🗓 August 19, 2021.
• Blackpoint Cyber introduced multi-tenant threat hunting for MSSPs on 🗓 February 1, 2018.

🏗️ Operational & Business Continuity

Operational risks have been reported with Blackpoint Cyber, particularly related to the misuse of their technology by bad actors. Attention is required to manage and mitigate these risks to ensure business continuity.

• ConnectWise Control was reportedly used by bad actors, as identified by Blackpoint Cyber on 🗓 May 16, 2022.