EMERGING TECHNOLOGY
Madison Dearborn Partners | December 05, 2022
Madison Dearborn Partners, LLC (“MDP”), a leading private equity firm based in Chicago, today announced the formation of a partnership with industry-veterans Damon Griggs and Jon Brooks to pursue investments in the federal government technology sector. The former Dovel Technologies (“Dovel”) executives have extensive industry expertise and an impressive track-record of delivering growth, which will complement MDP’s investment experience in the federal government technology and tech-enabled services market.
“Damon and Jon bring a wealth of expertise and proven success building companies that provide valuable solutions for federal clients that will benefit MDP’s continued investment in the attractive market for government technology services, We look forward to partnering with Damon and Jon to identify businesses with significant growth potential that will benefit from the unique combination of Damon and Jon’s expertise and MDP’s deep industry knowledge and resources.”
-Matt Norton, Managing Director and Head of MDP’s Business & Government Software and Services team.
Griggs, who most recently served as Chief Executive Officer of Dovel Technologies, brings more than 20 years of experience successfully leading and growing technology services companies. Under Griggs’ tenure as CEO, he oversaw the company’s transformation into a market leader in the federal health technology sector. In less than three years, Griggs more than doubled the firm’s annual revenues to approximately $450 million by expanding tech-enabled capabilities, broadening and enhancing relationships with customers, building a world-class leadership team and promoting employee growth and development. Dovel was sold to Guidehouse, a leading global management consultancy firm, in late 2021. Prior to Dovel, Griggs held leadership positions with several technology services providers including InScope International, Inc., Alion Science and Technology, and Washington Consulting, Inc.
MDP shares Jon’s and my vision to build a new platform focused on delivering advanced technical capabilities to address the evolving demands of our federal customers, said Griggs. Jon and I are grateful for the opportunity to join MDP in this next chapter, as we identify highly-regarded businesses that are well-positioned to compete and win in the competitive federal technology services market.
Brooks brings more than 20 years of transactional, legal and compliance experience gained at leading corporations and Am Law 100 law firms. Over the course of his career, Brooks has successfully closed transactions totaling over $7 billion, including Dovel’s sale to Guidehouse, Engility’s sale to SAIC and OSI Pharmaceutical Inc.’s sale to Astellas Pharma Inc. He most recently served as Chief Legal Officer and SVP of Corporate Development for Dovel, supporting the company’s acquisition strategy, while building a world-class legal, compliance and administration function. Prior to joining Dovel, Jon was an executive at Engility Holdings, serving as the head of mergers and acquisitions and deputy general counsel.
Brooks added: Damon and I are pleased to partner with the MDP team as we work to utilize our collective resources, expertise and deep relationships to build a leading government technology and tech-enabled services platform. MDP has established a strong industry presence and we look forward to strengthening the firm’s partnerships with innovative businesses that are defining the future of the industry.
“This partnership creates a unique opportunity to build on our track-record of successful investments in the government software and services sector, Together with Damon and Jon, we are excited to pursue additional investments that will form an industry-leading platform delivering innovative solutions to meet the needs of federal customers across key verticals.”
-Brandon Levitan, a Director on MDP’s Business & Government Software and Services team.
About Madison Dearborn Partners, LLC:
Madison Dearborn Partners, LLC (“MDP”) is a leading private equity investment firm based in Chicago. Since MDP’s formation in 1992, the firm has raised aggregate capital of over $28 billion and has completed over 150 platform investments. MDP invests across five dedicated industry verticals, including basic industries; business and government software and services; financial and transaction services; health care; and telecom, media and technology services.
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EMERGING TECHNOLOGY,GOVERNMENT BUSINESS
Haivision | January 24, 2023
Haivision Systems Inc., a leading global provider of video networking and visual collaboration solutions, announced today that Haivision Hub for Government has achieved Federal Risk and Authorization Management Program (FedRAMP) "In Process" designation and is currently available on FedRAMP Marketplace as the only video network service. Government agencies can securely stream live video via CDNs, OVPs, EVPs, and social media using the fully managed cloud solution. US Department of Veterans Affairs’ VA approved Haivision's FedRAMP (VA).
Live video helps governments succeed today. However, networking exposes agencies to cyberattacks. Even secure companies are vulnerable to cyberattacks. When streaming live video, Haivision Hub for Government protects public sector enterprises' largest risk of network exposure. CIOs can use Haivision Hub for Government to secure live video streaming in accordance with the rules from federal information assurance.
Mirko Wicha, President and CEO of Haivision, said, "Our FedRAMP milestone is a powerful example of Haivision's longstanding commitment to ensuring the security of our customer's deployments." He added, "In the FedRAMP process, we've worked rigorously to make Haivision Hub for Government an ideal solution to help government agencies stream securely via the cloud. We're very proud to be the first video network service to achieve this important FedRAMP milestone and to be among the few technology companies to achieve this authorization."
(Source- PRNewswire)
FedRAMP standardizes security assessment, authorization, and continuous monitoring for cloud products and services. The FY23 NDAA includes the FedRAMP Authorization Act (NDAA). All service models and executive agency cloud deployments require FedRAMP.
Haivision Hub for Government has many features that can help agencies share live video content quickly and safely with internal and external audiences. The key features include the following:-
Live visual content distribution in real time: Share live video in real-time, giving up-to-date information and events and letting people work together in real-time on mission-critical common operating pictures.
Secure: Designed to meet the strict security needs of government agencies (Achieved FedRAMP supporting Department of Defense Impact Level 2 (DoD IL2)).
Scalability: Ability to serve a wide range of internal and external audiences.
Flexibility: Use the cloud and direct high-performance connectivity options.
Simplification: When supporting digital transformation, easily overcome network issues and technological debt.
Haivision delivers high-performance, secure video network solutions for mission-critical applications. Getting through rigorous third-party assessments and implementing FedRAMP-compliant policies to protect federal customer data and systems shows that commitment.
About Haivision
A global pioneer in mission-critical, real-time video networking and visual communication. Our connected cloud and intelligent edge solutions enable global engagement, collaboration, and decision-making globally. We deliver secure, low-latency, high-quality live video worldwide. Haivision created the SRT Alliance to promote their SRT low-latency video streaming protocol. Haivision, which drives the IP video revolution, won four Emmys® for engineering and technology from the National Academy of Television Arts and Sciences. Haivision was founded in 2004 in Montreal and Chicago, with offices, sales, and support in the Americas, Europe, and Asia.
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EMERGING TECHNOLOGY,CYBERSECURITY
Infoblox | January 30, 2023
Leading cloud-first DNS management and security provider, Infoblox Inc., recently announced the U.S. Government FedRAMP Moderate Authorization for its BloxOne® Threat Defense Federal Cloud offering. This authorization allows organizations to operate their SaaS platforms with greater confidentiality, operational security, availability and integrity. The Infoblox BloxOne Threat Defense Federal Cloud is a part of BloxOne Threat Defense, which combines Cloud Services Portal (CSP), Dossier threat investigation platform, and Infoblox's Threat Intel Data Exchange (TIDE) to help public sector organizations scale and simplify security from the network core to the edge.
Security analysts can investigate, and contextually rank threat events 3X faster with Infoblox's technology. Additionally, it gives them access to carefully curated and thorough threat intelligence, which they can incorporate into their current security technologies for network-wide protection.
The U.S. Census Bureau sponsored the authorization. Infoblox team closely worked with FedRAMP Program Management Office to meet FedRAMP’s stringent guidelines for data security. The BloxOne Threat Defense Federal Cloud is compliant with FedRAMP’s security standards above the NIST SP 800-53 framework; this allows Infoblox to obtain digital transformation projects of federal agencies.
Ralph Havens, President of Infloblox Federal, said, "Achieving FedRAMP authorization shows Infoblox's commitment to helping federal agencies digitally transform and secure cloud-first environments." He further added, "In reaching this significant milestone, we are delighted to now offer our federal customers a robust network security platform to augment our nation's cyber defenses against unrelenting security attacks from adversaries who wish to do us harm."
(Source – CISION)
About Infoblox
Infoblox is a cloud-first networking and cybersecurity services provider. Its solutions enable businesses to make the most of their existing infrastructure investments and fully utilize the cloud to provide universally simple, scalable, and dependable network experiences. The Infoblox BloxOne® and NIOS systems are available on-premises and via SaaS, it lets operations teams standardize, accelerate and automate the delivery of cloud-native and data center network and security services from a single location.
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