Click here to close now.




















Welcome!

News Feed Item

Prevalent Secures Growth Equity Investment from Fulcrum Equity Partners

Prevalent, the third-party risk and vendor threat intelligence innovators, today announced it has received a $4 million strategic growth equity investment from Fulcrum Equity Partners (“Fulcrum”), a leading private equity firm headquartered in Atlanta, GA.

The investment funds will be used to grow and expand Prevalent’s sales, marketing and technical teams, as well as advance its industry-leading third-party risk and vendor threat management technologies. Prevalent also plans to use the capital to accelerate its proprietary professional services, which are targeted at helping businesses within highly regulated organizations adhere to compliance requirements and industry standards. Under the new agreement, the company’s CTO and Co-Founder Norman Menz and CEO and Co-Founder Jonathan Dambrot will continue to lead the company’s strategic direction and daily operations.

“This is a game-changing investment that will provide us with the capital needed to accelerate our strategic growth plan and go mainstream with the technology that businesses desperately need to proactively protect against third-party threats and vulnerabilities,” says Menz.

Founded in 2004, Prevalent is a top-rated vendor risk and cyber threat intelligence innovator. Serving the needs of Fortune 1,000 organizations, as well as the needs of small and midsize businesses, Prevalent has earned a reputation for developing cutting-edge technologies and highly automated services that are proven to help organizations reduce, manage and monitor the security threats and risks associated with third-party vendors.

“Prevalent is uniquely positioned as the market-leading authority on third-party risk and vendor threat management,” says Jim Douglass, Partner, Fulcrum. “The technology innovation and services excellence delivered by Prevalent are second to none. Our plan is to infuse the business with working capital to build on its brand promise and become the uncontested leader in third-party risk and vendor threat management.”

Earlier this year at RSA 2014, Prevalent introduced its market leading vendor threat intelligence platform, Vendor Threat Monitor™ (VTM). The new platform works in concert with Prevalent’s Vendor Risk Manager (VRM)TM. Together the two complementary technologies allow organizations and IT professionals to continuously and proactively monitor key threat vectors from third-party providers across several relationship risk areas including data risk, operational risk, financial risk and brand risk.

“We are thrilled to earn the trust and investment of Fulcrum and have already laid the ground work for explosive growth,” says Dambrot. “We’ve all seen the headlines. The need for a reliable and scalable third-party threat monitoring and risk management platform is unquestionable, which is why vendor threat monitoring and third-party risk management remain white hot topics that are top of mind with CXOs and data-driven businesses.”

For more information regarding Prevalent visit www.prevalent.net; email [email protected]; or call 877-PREVALENT. Prevalent will also be attending the 2014 Gartner Security and Risk Management Summit June 23 – 26 in Washington DC.

About Fulcrum Equity Partners

Fulcrum Equity Partners, based in Atlanta, GA, is a growth equity fund that manages over $140 million and is actively seeking opportunities to invest in rapidly growing companies. Fulcrum initially invests $1 million to $5 million with the ability to invest up to $10 million. We will consider investments in a wide variety of industries, with an emphasis on information technology, healthcare and technology enabled operating companies. Fulcrum provides financing to meet a wide range of needs including internal growth initiatives, acquisitions, divestitures, shareholder liquidity and recapitalizations. The partners have over 100 years of relevant experience, including operations, venture capital, mezzanine financing, accounting, law, investment banking and strategy consulting. To learn more please visit www.fulcrumep.com.

About Prevalent

Prevalent is a vendor risk and cyber threat intelligence innovator with a reputation for developing cutting-edge technologies and highly-automated services that are proven to help organizations reduce, manage and monitor the security threats and risks associated with third-party vendors. www.prevalent.net

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Puppet Labs has announced the next major update to its flagship product: Puppet Enterprise 2015.2. This release includes new features providing DevOps teams with clarity, simplicity and additional management capabilities, including an all-new user interface, an interactive graph for visualizing infrastructure code, a new unified agent and broader infrastructure support.
WebRTC has had a real tough three or four years, and so have those working with it. Only a few short years ago, the development world were excited about WebRTC and proclaiming how awesome it was. You might have played with the technology a couple of years ago, only to find the extra infrastructure requirements were painful to implement and poorly documented. This probably left a bitter taste in your mouth, especially when things went wrong.
SYS-CON Events announced today that HPM Networks will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. For 20 years, HPM Networks has been integrating technology solutions that solve complex business challenges. HPM Networks has designed solutions for both SMB and enterprise customers throughout the San Francisco Bay Area.
Red Hat is investing in Tesora, the number one contributor to OpenStack Trove Database as a Service (DBaaS) also ranked among the top 20 companies contributing to OpenStack overall. Tesora, the company bringing OpenStack Trove Database as a Service (DBaaS) to the enterprise, has announced that Red Hat and others have invested in the company as a part of Tesora's latest funding round. The funding agreement expands on the ongoing collaboration between Tesora and Red Hat, which dates back to Febr...
As more and more data is generated from a variety of connected devices, the need to get insights from this data and predict future behavior and trends is increasingly essential for businesses. Real-time stream processing is needed in a variety of different industries such as Manufacturing, Oil and Gas, Automobile, Finance, Online Retail, Smart Grids, and Healthcare. Azure Stream Analytics is a fully managed distributed stream computation service that provides low latency, scalable processing of ...
Too often with compelling new technologies market participants become overly enamored with that attractiveness of the technology and neglect underlying business drivers. This tendency, what some call the “newest shiny object syndrome,” is understandable given that virtually all of us are heavily engaged in technology. But it is also mistaken. Without concrete business cases driving its deployment, IoT, like many other technologies before it, will fade into obscurity.
With the proliferation of connected devices underpinning new Internet of Things systems, Brandon Schulz, Director of Luxoft IoT – Retail, will be looking at the transformation of the retail customer experience in brick and mortar stores in his session at @ThingsExpo. Questions he will address include: Will beacons drop to the wayside like QR codes, or be a proximity-based profit driver? How will the customer experience change in stores of all types when everything can be instrumented and a...
Consumer IoT applications provide data about the user that just doesn’t exist in traditional PC or mobile web applications. This rich data, or “context,” enables the highly personalized consumer experiences that characterize many consumer IoT apps. This same data is also providing brands with unprecedented insight into how their connected products are being used, while, at the same time, powering highly targeted engagement and marketing opportunities. In his session at @ThingsExpo, Nathan Trel...
Cloud and datacenter migration innovator AppZero has joined the Microsoft Enterprise Cloud Alliance Program. AppZero is a fast, flexible way to move Windows Server applications from any source machine – physical or virtual – to any destination server, in any cloud or datacenter, using its patented container technology. AppZero’s container is also called a Virtual Application Appliance (VAA). To facilitate Microsoft Azure onboarding, AppZero has two purpose-built offerings: AppZero SP for Azure,...
WSM International, the pioneer and leader in server migration services, has announced an agreement with WHOA.com, a leader in providing secure public, private and hybrid cloud computing services. Under terms of the agreement, WSM will provide migration services to WHOA.com customers to relocate some or all of their applications, digital assets, and other computing workloads to WHOA.com enterprise-class, secure cloud infrastructure. The migration services include detailed evaluation and planning...
SYS-CON Events announced today that G2G3 will exhibit at SYS-CON's @DevOpsSummit Silicon Valley, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Based on a collective appreciation for user experience, design, and technology, G2G3 is uniquely qualified and motivated to redefine how organizations and people engage in an increasingly digital world.
A producer of the first smartphones and tablets, presenter Lee M. Williams will talk about how he is now applying his experience in mobile technology to the design and development of the next generation of Environmental and Sustainability Services at ETwater. In his session at @ThingsExpo, Lee Williams, COO of ETwater, will talk about how he is now applying his experience in mobile technology to the design and development of the next generation of Environmental and Sustainability Services at ET...
SYS-CON Events announced today the Containers & Microservices Bootcamp, being held November 3-4, 2015, in conjunction with 17th Cloud Expo, @ThingsExpo, and @DevOpsSummit at the Santa Clara Convention Center in Santa Clara, CA. This is your chance to get started with the latest technology in the industry. Combined with real-world scenarios and use cases, the Containers and Microservices Bootcamp, led by Janakiram MSV, a Microsoft Regional Director, will include presentations as well as hands-on...
SYS-CON Events announced today that Micron Technology, Inc., a global leader in advanced semiconductor systems, will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Micron’s broad portfolio of high-performance memory technologies – including DRAM, NAND and NOR Flash – is the basis for solid state drives, modules, multichip packages and other system solutions. Backed by more than 35 years of tech...
This Enterprise Strategy Group lab validation report of the NEC Express5800/R320 server with Intel® Xeon® processor presents the benefits of 99.999% uptime NEC fault-tolerant servers that lower overall virtualized server total cost of ownership. This report also includes survey data on the significant costs associated with system outages impacting enterprise and web applications. Click Here to Download Report Now!