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Forgepoint Capital Fuels Cyber Market, Launches New Incident Response Firm Surefire Cyber with $10 Million in Series A Funding
Forgepoint Capital celebrates the launch of Surefire Cyber, a new incident response firm that helps cyber insurers, brokers, law firms and the organizations they support better manage cyber events. Founded and led by leading incident response expert Billy Gouveia, Surefire Cyber emerged from stealth with $10 million in Series A funding from Forgepoint Capital following its successful incubation within the firm.

The second startup incubated at Forgepoint, Surefire Cyber has benefitted from a wide range of support including recruiting, platform development, introductions to its first customers, marketing, governance and critical introductions. These company building blocks have enabled Surefire Cyber to launch with an expert team of industry veterans and an innovative tech-enabled platform for incident response, along with a roster of industry-leading customers and partners.

"Forgepoint's mission is to empower and propel entrepreneurs along their pathways to solving the most pressing, complex challenges in cybersecurity," said Andrew McClure, Partner at Forgepoint Capital. "With the global rise in cyberattacks and their associated costs, we share Billy's vision and goals in developing a new and more effective approach that accelerates time to response and recovery, which is crucial for any business."

"Forgepoint has gone above and beyond to help me build Surefire Cyber into a business," said Billy Gouveia, CEO and Founder, and former Entrepreneur in Residence at Forgepoint. "I wanted a partner who shares a commitment to defending companies, jobs, and our nation from the growing number of destructive cybercrimes. Forgepoint's meaningful relationships with advisors, partners, and clients throughout the industry have been invaluable."

The incubation and launch of Surefire follows on the heels of SolCyber, the first modern MSSP for the midmarket, which was successfully incubated within Forgepoint and launched to market in July 2021. SolCyber's continued success in serving its rapidly growing client base includes thriving partnerships with several Forgepoint portfolio companies like Area 1 SecurityAttivo NetworksConvergeCysivErmetic, and now Surefire.

"Forgepoint's investment goes well beyond equity capital. We help incubate and build innovative startups such as SolCyber and Surefire," said Don Dixon, Managing Director at Forgepoint Capital. "Our ongoing support accelerated Surefire's ability to build an exceptional team and develop an innovative platform that drives collaboration with their clients and partners. We're also seeing a powerful "network effect" as both companies partner deeply across our portfolio to leverage synergies and augment capabilities - finding ways to better serve clients while accelerating their time to value."

Published Tuesday, May 31, 2022 8:42 AM by David Marshall
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