Archives: Transactions

Boston Meridian is pleased to announce a strategic growth investment in Industrial Defender by Banneker Partners. Industrial Defender is a leading provider of OT and ICS cybersecurity and compliance solutions for critical infrastructure and industrial organizations. Industrial Defender offers an integrated suite of capabilities that begins with deep asset intelligence and extends through configuration and change management, vulnerability management, and security monitoring, including intrusion detection, log and security event monitoring, and firewall activity analysis.

“We are proud to take on a strategic growth investment and partner with Banneker, a firm with deep experience building successful software and technology companies,” said Jay Williams, CEO of Industrial Defender. “This investment reinforces our long-term commitment to solving real world OT cybersecurity challenges and helping organizations protect the critical infrastructure that society depends on every day.”

“We are excited to make a majority investment in Industrial Defender, a pioneer and trusted leader in OT cybersecurity,” said Kenneth Frank, Partner at Banneker. “Their focus on deep and accurate, asset-level intelligence of industrial environments provides a foundation that effective security monitoring and compliance programs are built upon. This is exactly the kind of mission critical software we look for when investing in long term technology platforms.”

Boston Meridian is an innovative investment bank that provides M&A and capital raising advisory services to leading technology companies.  We leverage senior partner expertise to unlock the strategic value of technology and achieve rapid and unparalleled results for our clients.

Boston Meridian is pleased to announce the acquisition of Lucidum by Cyderes. Lucidum is a leading provider of security data fabric and entity intelligence. The acquisition provides Cyderes with a unified, identity-aware foundation, strengthening its core solutions while setting the stage for greater output across existing agentic AI offerings and supporting the development of advanced AI-driven remediation workflows for clients. Lucidum’s data fabric unifies identity, assets, privileges, exposures, and relationships into a single, continuously updated representation of an organization’s environment. This identity-aware fabric becomes the connective tissue, providing the context security teams need to make faster and more accurate decisions.

“Effective defense requires clarity, consistency, and context,” said Chris Schueler, CEO of Cyderes. “Lucidum’s data fabric gives us the shared foundation necessary to unify that context across every environment we protect. This becomes the backbone for our Identity & Access Management, Exposure Management, and Managed Detection & Response capabilities, the base layer upon which we will build the SaaS offerings and AI-driven capabilities our clients need next.”

“Cyderes is the right organization to bring the full value of our data fabric to market,” said Joel Fulton, CEO and Founder of Lucidum. “Our goal has always been to provide organizations with the clarity needed to secure their digital ecosystems. Cyderes adds the operational capacity and agentic AI capabilities to act on that clarity and turn insight into measurable security outcomes.”

Boston Meridian is an innovative investment bank that provides M&A and capital raising advisory services to leading technology companies.  We leverage senior partner expertise to unlock the strategic value of technology and achieve rapid and unparalleled results for our clients.

Boston Meridian is pleased to announce the acquisition of HYAS by Silent Push. HYAS empowers organizations with advanced threat intelligence, unique data, and infrastructure reconnaissance to proactively identify, investigate, and mitigate cyber threats.

“The acquisition of HYAS marks a significant milestone in our strategy to extend our global presence and deliver the industry’s most leading-edge cyber defense solutions,” said Ken Bagnall, CEO of Silent Push. “Our combined expertise will accelerate Silent Push’s leadership position as we continue to innovate and build best-in-class products that enable our customers to preemptively and proactively stop threats.”

“Our mission is simple –  empowering organizations to see malicious infrastructure usage and behavior to block attacks before damage occurs, prevent fraud, accelerate investigative time to close, and complete both task and mission,” said Dave Ratner, CEO at HYAS. “Joining Silent Push is a natural fit that enables us to further accelerate that mission and creates significant opportunities for our customers and the market in general. My colleagues and I look forward to combining our skillsets with Silent Push to deliver the solutions that provide security and investigative teams with true power and intelligence against cyber threats, financial fraud, and other nefarious activity committed by bad actors.”

Boston Meridian is an innovative investment bank that provides M&A and capital raising advisory services to leading technology companies.  We leverage senior partner expertise to unlock the strategic value of technology and achieve rapid and unparalleled results for our clients.

Boston Meridian is pleased to announce the CAD $18M Series A raised by Augmentt. Camber Partners led the round. Augmentt is a multi-tenant Microsoft 365 security and compliance management platform built for MSPs to help them deliver standardized, profitable services across all clients. Their SaaS Security Posture Management capabilities include SaaS discovery, unified policy management, and automated reporting. Microsoft security best practices can be deployed with one click and breaches can be remediated before damage is done.

“Augmentt is setting a new standard for MSPs serving small and mid-sized businesses,” said Duncan McGillivary, Vice President at Camber Partners. “The team comes with deep industry expertise and has a history of exceptional execution. We’re confident that their vision, combined with a product this valuable to MSP workflows, will catalyze a new era of improved service and security for businesses globally.“

“MSPs are the backbone of modern IT delivery and cybersecurity protection, yet they’re often being asked to do more with less,” said Gavin Garbutt, Chairman of Augmentt and former CEO of N-able. “At Augmentt, our mission is to empower them through security automation, visibility, and control across both the Microsoft ecosystem and the broader cloud—helping MSPs deliver world-class security services at scale. This funding enables us to accelerate that mission and continue building world-leading Microsoft security tools MSPs need to scale and thrive.“

Boston Meridian is an innovative investment bank that provides M&A and capital raising advisory services to leading technology companies.  We leverage senior partner expertise to unlock the strategic value of technology and achieve rapid and unparalleled results for our clients.

Boston Meridian is pleased to announce the acquisition of SPLX by Zscaler.  SPLX delivers end-to-end security for AI including asset discovery, risk assessment, automated red teaming and remediation, guardrails, prompt hardening, and governance and compliance.  These capabilities enable organizations to secure their AI investments from development through deployment.

“Today marks an important step in advancing Zscaler’s role as the trusted partner helping organizations securely adopt AI,” said Jay Chaudhry, CEO, Chairman, and Founder of Zscaler. “AI is creating enormous value, but its full potential can only be realized when it can be secured. By combining SPLX’s technology with the intelligence of the Zscaler Zero Trust Exchange and its native data protection that classifies, governs, and prevents loss of sensitive data across prompts, models, and outputs, Zscaler will secure the entire AI lifecycle on one platform. This will strengthen our industry leadership and give customers the confidence to safely embrace AI.”

“Zscaler and SPLX share a vision to confront the vast new attack surface created by rapidly expanding AI infrastructure investments,” said Kristian Kamber, CEO and co-founder of SPLX. “By joining forces, we’ll bring our innovation to one of the most trusted security platforms in the world, securing AI innovation at the speed organizations are adopting it.”

Boston Meridian is an innovative investment bank that provides M&A and capital raising advisory services to leading technology companies.  We leverage senior partner expertise to unlock the strategic value of technology and achieve rapid and unparalleled results for our clients.

Boston Meridian is pleased to announce the acquisition of SnapAttack by Cisco.  SnapAttack is an innovator in proactive, threat-informed security solutions.

SnapAttack monitors changes in the threat landscape to improve an organization’s detection estate and ensure they’re protected against the latest threats. Their offering supports the complete detection content lifecycle. Curated detection content discovery is prioritized by current threat activity, potential impact, and other factors before being continuously validated, tested, and assessed when deployed. SnapAttack is utilized by some of the world’s largest organizations in industries with the most stringent cybersecurity regulations.

“With Cisco’s acquisition of SnapAttack, security teams using Splunk security products will see even more innovation with accelerated delivery of capabilities that offer even more control, visibility and advanced management of all their security content, including the content they develop themselves,” writes Mike Horn, SVP and GM for Splunk’s Security business.

SnapAttack will provide critical threat detection and engineering (TD/E) technology, intellectual property, and expertise to help Cisco’s Splunk further accelerate its organic threat detection content and engineering roadmap.   SnapAttack’s complete TD/E management lifecycle solution provides security analysts with the ability to continuously assess, organize and optimize their security content, streamlining the research, writing, validation and deployment of threat detections across their technology estate.

Boston Meridian is an innovative investment bank that provides M&A and capital raising advisory services to leading technology companies.  We leverage senior partner expertise to unlock the strategic value of technology and achieve rapid and unparalleled results for our clients.

Boston Meridian is pleased to announce the acquisition of Cybersafe by CyberMaxx.  Cybersafe is a leading provider of continuous MDR services.

Cybersafe leverages its proprietary SOAR+ Platform, Aegis, to efficiently and effectively detect and contain Cyber Attacks across customer’s Network, Endpoint, and Cloud Systems. Aegis enables Cybersafe to offer differentiated levels of service by automating and scaling repetitive and other value add functions such as Threat Hunting, Playbooks, and XDR event correlation. Aegis enables Cybersafe to efficiently support leading EDR and SIEM tools without the need for extensive employee training or overhead.

“We are thrilled to welcome Cybersafe to the CyberMaxx family,” said Brian M. Ahern, CEO of CyberMaxx. “This acquisition marks a significant milestone in our mission to provide unparalleled cybersecurity solutions. By combining the strengths of these organizations, we deliver a modern MDR experience at scale, addressing the evolving needs of our clients.”

“Joining CyberMaxx is a natural progression for Cybersafe,” added Benedetto Filingeri, CEO of Cybersafe. “Our shared mission and complementary capabilities will provide our customers with enhanced services and resources previously unavailable to them.”

Boston Meridian is an innovative investment bank that provides M&A and capital raising advisory services to leading technology companies.  We leverage senior partner expertise to unlock the strategic value of technology and achieve rapid and unparalleled results for our clients.

Boston Meridian is pleased to announce the acquisition of Syxsense by Absolute Security.  Syxsense is a recognized innovator in automated endpoint and vulnerability management.

Syxsense provides an advanced cloud-based unified security and endpoint management suite that combines patch, security vulnerability scanning and remediation, and endpoint security in a single cloud console.

“With the addition of Syxsense, we can bring a comprehensive set of resilience capabilities to the market. With cyber resilience reimagined, customers can now fix defects and vulnerabilities before the OS runs or applications load, preventing issues from turning into incidents. Our unique platform provides a pre-installed safety net that helps ensure compliance, integrity, and recovery, even from widespread incidents involving faulty updates,” said Christy Wyatt, CEO, Absolute Security.

“We are thrilled to bring automated endpoint and vulnerability management to Absolute Security,” said Ashley Leonard, CEO of Syxsense. “We’ve built a platform that enterprises rely on to minimize risk and streamline critical security and management activities across globally distributed endpoints. By leveraging Absolute’s unique position in the firmware, we now can deliver the industry’s only truly resilient solution to a wider market.”

Boston Meridian is an innovative investment bank that provides M&A and capital raising advisory services to leading technology companies.  We leverage senior partner expertise to unlock the strategic value of technology and achieve rapid and unparalleled results for our clients.

Boston Meridian is pleased to announce the acquisition of Longbow by Veracode.  Longbow is a leader in security risk management for cloud-native environments.

Longbow provides a centralized view of risk for cloud assets and applications, thereby simplifying complex workflows, enabling faster and more effective remediation, and improving overall security posture.  The result is reduced risk and fewer vulnerabilities in applications and cloud infrastructures.

“Security teams are drowning in alerts that lack sufficient detail on the level of business risk, degree of exploitability of a flaw, and specific code-level insight to keep pace with remediation requirements.  As a result, risk continues to accumulate,” said Brian Roche, Chief Product Officer at Veracode.  “With the combination of Veracode and Longbow, teams can get a comprehensive view of their risk, automate prioritization of what matters most, and automate remediation of code security flaws.”

Derek Maki, Co-Founder & Chief Product Officer at Longbow said, “We founded Longbow with a mission to simplify an increasingly complex application security risk management process and help organizations reduce risk at scale.  By joining forces with Veracode, our combined solutions provide unmatched visibility, automation, and remediation capability for security and engineering teams.”

Boston Meridian is an innovative investment bank that provides M&A and capital raising advisory services to leading technology companies.  We leverage senior partner expertise to unlock the strategic value of technology and achieve rapid and unparalleled results for our clients.

Boston Meridian is pleased to announce the acquisition of Cloudentity by SecureAuth.  Cloudentity is a leading provider of authorization-centric IAM solutions specializing in the orchestration of customer experience, Fine-Grained Authorization (FGA), Business-to-Business-to-Consumer (B2B2C) use cases, and support for global Open Finance specifications.

Cloudentity’s technology enables organizations to rapidly deliver seamless and secure digital experiences at massive volume while maintaining compliance with open standards and regulatory requirements.

“With the acquisition of Cloudentity, SecureAuth is poised to revolutionize the CIAM market,” said Kelly Wenzel, Chief Operating Officer at SecureAuth.  “Cloudentity was built from the ground up as a pure cloud-native deep Identity solution that can be implemented on-premise, via public cloud or private cloud, as a single-tenant or multi-tenant deployment within hours.  This powerful combination of deployment flexibility and deep capabilities allows us to serve our customers in implementing identity security without sacrificing customer experience.“

“Together, these technologies provide a comprehensive CIAM solution set with an extremely short time-to-value that enable organizations to quickly and easily deliver exceptional digital experiences, while maintaining the highest standards of security and compliance,“ said Brook Lovatt, CEO of Cloudentity.

Boston Meridian is an innovative investment bank that provides M&A and capital raising advisory services to leading technology companies.  We leverage senior partner expertise to unlock the strategic value of technology and achieve rapid and unparalleled results for our clients.