Blue Cedar Selected for Momentum Partners’ Cybersecurity Watch List
Blue Cedar | Jan 31, 2017
Q4 2016 List Highlights Private Cybersecurity Companies with Industry Momentum
SAN FRANCISCO, Calif., January 31, 2017 – Blue Cedar, the leader in enterprise mobile app data security, today announced that it was ranked by Momentum Partners, an advisor and dealmaker in cybersecurity, among the top 10 private cybersecurity companies to watch in Q4 2016. Each quarter, Momentum identifies ten companies after carefully weighing feedback from their industry network and considering a variety of growth and innovation factors. The complete list can be viewed at http://tinyurl.com/hdop8dj.
“Our watch list is comprised of companies that demonstrate tremendous momentum and innovation,” said Eric McAlpine, Momentum’s managing partner. “Organizations such as Blue Cedar reflect these qualities, and we will continue to monitor their progress and growth in app-centric, enterprise mobile security.”
Blue Cedar received $10 million in Series A funding last July to advance its vision of the app as the new endpoint. The company’s flagship solution is the fastest, easiest and most secure platform for organizations to secure mobile app data for their end users, without the need for mobile device agents. This provides a key advantage for organizations that don’t want to, or cannot, place proprietary and intrusive agents on their end users’ devices.
“We’re honored to be named in Momentum Partners’ Watch List,” said John Aisien, co-founder and CEO of Blue Cedar. “Momentum Partners’ recognition of Blue Cedar is validation of our approach to enterprise mobile security. We are helping customers expand secure access to their highest-value data beyond the scope of devices under their management.”
Momentum Partners completed its selection of the 40 companies to the firm’s annual Watch List from more than 1,500 cybersecurity companies that the firm tracks globally. Input was carefully considered from Momentum’s vast network of corporate dealmakers, investors and cybersecurity professionals in order to identify the companies displaying tremendous momentum.
About Momentum Partners
Momentum Partners is a boutique cybersecurity-focused investment bank based in San Francisco. The firm employs a bespoke, high-touch advisory model specifically designed to serve founders/CEOs and their boards/investors, where they are relentless in their pursuit for better outcomes for clients. Momentum Partners has closed over 200 transactions totaling $200 billion in value for their clients.
About Blue Cedar
Blue Cedar was founded on the principle that the mobile app is the new security endpoint for the modern organization. We provide a security solution for mobile app data that business users will actually use. It empowers security operations with comprehensive policies that mobile app developers, ISVs and other users can apply in a practical way. Our solution addresses all mobile use cases across all verticals by eliminating the security and adoption constraints imposed by first-generation, device-centric solutions. At Blue Cedar, we believe that securing the mobile generation is all about the app and its data.