Emerging Technology, Cybersecurity
Globenewswire | June 28, 2023
Quantexa, a global leader in Decision Intelligence (DI) solutions for the public and private sectors, and Carahsoft Technology Corp, The Trusted Government IT Solutions Provider®, today announced a partnership. Under the agreement, Carahsoft will serve as Quantexa’s Master Government Aggregator®, making the company’s Decision Intelligence platform available to U.S. Government agencies and departments through Carahsoft’s reseller partners, NASA Solutions for Enterprise-Wide Procurement (SEWP) V, and Information Technology Enterprise Solutions – Software 2 (ITES-SW2) contracts.
Quantexa’s Fraud, Financial Crime, and Data Management solutions will enable Federal agencies to gain valuable insights from their data and make better-informed decisions in support of mission objectives. Quantexa’s DI platform and solutions can be deployed on-premise or in the cloud through Microsoft Azure, AWS and Google Cloud.
“We are committed to providing Government agencies with the solutions they need to stay ahead of evolving threats and meet the challenges of today's complex data landscape,” said Tiffany Goddard, Sales Director for Law Enforcement Technology Solutions at Carahsoft. “The partnership represents a critical step forward in addressing the complex data challenges Government agencies are experiencing, such as data duplication and security. We look forward to working with Quantexa and our reseller partners to make it easier and more efficient for agencies to procure the technology they need to combat financial crimes.”
“We are dedicated to empowering U.S. Government agencies with the most advanced solutions to combat financial crimes and protect against evolving threats,” said Paul Stacey, Quantexa Regional Vice President – North America. “With Quantexa’s Decision Intelligence platform, data becomes a renewable resource, powering intelligent decision-making and unlocking new opportunities for organizations. Our partnership with Carahsoft and its reseller partners is integral to our long-term success in the U.S. Government market – enabling us to seamlessly provide our cutting-edge technology to Government agencies and amplify their mission impact.”
Carahsoft Technology Corp. is The Trusted Government IT Solutions Provider®, supporting Public Sector organizations across Federal, State and Local Government agencies and Education and Healthcare markets. As the Master Government Aggregator® for our vendor partners, we deliver solutions for Cybersecurity, MultiCloud, DevSecOps, Big Data, Artificial Intelligence, Open Source, Customer Experience and Engagement, and more. Working with resellers, systems integrators and consultants, our sales and marketing teams provide industry leading IT products, services and training through hundreds of contract vehicles. Visit us at www.carahsoft.com.
Quantexa is a global data and analytics software company pioneering Decision Intelligence that empowers organizations to make trusted operational decisions by making data meaningful. Using the latest advancements in big data and AI, Quantexa’s Decision Intelligence platform uncovers hidden risk and new opportunities by providing a contextual, connected view of internal and external data in a single place. It solves major challenges across data management, KYC, customer intelligence, financial crime, risk, fraud, and security, throughout the customer lifecycle.
The Quantexa Decision Intelligence Platform enhances operational performance with over 90% more accuracy and 60 times faster analytical model resolution than traditional approaches. Founded in 2016, Quantexa now has more than 600 employees and thousands of users working with billions of transactions and data points across the world. The company has offices in London, New York, Boston, Toronto, Malaga, Brussels, Amsterdam, Luxembourg, Singapore, Melbourne, Sydney, and the UAE. For more information, please visit www.quantexa.com or follow us on LinkedIn.
PR Newswire | July 31, 2023
NewSpring Holdings leverages proven organic growth strategies and a disciplined M&A process to accelerate growth in sector-specific markets, including logistics, fin-tech, government services, IT services, and sports. The team has completed over 40 acquisitions and successfully built a government services platform, Avantus Federal,which recently sold for$590M.NewSpring("the Firm"), a family of private equity strategies, announced today that NewSpring Holdings, the Firm's majority investment strategy focused on sector-specific platform builds, has acquiredBridge Core, a leading provider of visual intelligence, cybersecurity, and other technical solutions to the U.S. government intelligence community. Bridge Core will use the proceeds of this transaction to execute a disciplined M&A and aggressive organic growth strategy to create a full-spectrum, technology-enabled intelligence company.
Alongside this transaction, Chad Kim has been named CEO of Bridge Core. Chad has spent over two decades supporting the intelligence community and interagency task force apparatus in diverse worldwide roles spanning from operations to analysis. This has provided Chad with a unique breadth of experience, mission intimacy, and relevant capability expertise. He also has an extensive track record in scaling organizations capable of building industry-disrupting technology for defense, intelligence, and commercial clients, most recently with former NewSpring portfolio company Avantus Federal. Bridge Core founders Tyler Laverick and Andy Rackovan will stay on with the company in key leadership roles.
"In the creation of a full-spectrum intelligence company, we're proud to begin our journey with Bridge Core, a company whose values and culture are closely aligned with my own and the team at NewSpring," said Kim. "Bridge Core treats its team members like family, fosters a strong work ethic, and consistently delivers mission impact in a nurturing environment that attracts and retains the best talent in the industry. Tyler and Andy have built an amazing company filled with savvy technologists and intelligence professionals, and we're thrilled to continue growing this business alongside them."
Bridge Core leverages a unique tech-to-mission concept, agility, and speed in delivering services that drive true value for its intelligence agency clients. Established expertise in visual intelligence, technology transfer, cybersecurity, and technical operations positions Bridge Core well to add on additional services and expand into a full-service agency serving a broad range of needs facing the intelligence community.
"An era of rapidly proliferating and converging data presents unique, evolving challenges for the intelligence community. More than ever, we see the crucial role of a holistic solutions partner capable of elevating the transformation of data into precise and impactful insights for the numerous mission sets of the U.S. government.," said NewSpring General Partner Lee Garber. "Our partnership with Bridge Core, a true market leader, aligns with our core vision to innovate within the national security space, where there is significant growth potential. Combined with Chad's leadership and extensive experience delivering mission outcomes with technology in the intelligence community, we're excited for the future of this business."
"In 2015, Andy and I set out to build a company focused on empowering and fostering a transparent culture, giving everyone a seat at the table to define our success," said Bridge Core Cofounder Tyler Laverick. "Eight years later, we realized it was time to join forces with a team that embodied what we built at Bridge Core and have found the perfect partner in NewSpring to help scale this business and further raise our impact on critical intelligence missions. We're excited about this new era for Bridge Core and look forward to taking this business to the next level."
NewSpring partners with the innovators, makers, and operators of high-performing companies in dynamic industries to catalyze new growth and seize compelling opportunities. The Firm manages over $3.0 billion across five distinct strategies covering the spectrum from growth equity and control buyouts to mezzanine debt. Having invested in over 200 companies, NewSpring brings a wealth of knowledge, experience, and resources to take growing companies to the next level and beyond. Partnering with management teams to help develop their businesses into market leaders, NewSpring identifies opportunities and builds relationships using its network of industry leaders and influencers across a wide array of operational areas and industries. To learn more, visit www.newspringcapital.com.
About Bridge Core
Bridge Core is a federal services company built on a culture of trust and teamwork to advance the mission through innovation and passionate people. The Bridge Core team of experts enable Mission Partners by integrating innovative technologies and implementing processes that modernize the digital workplace. The Company's trusted, skilled, and diverse team members make a lasting impact by building tailored, client-focused solutions within secured spaces. The Bridge Core team facilitates the rapid adoption of technologies and commercial off-the-shelf (COTS) solutions through a unique understanding of mission requirements and the vendor's product(s).
GlobeNewswire | August 31, 2023
Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®, Forescout Technologies, Inc., a global cybersecurity leader, and stackArmor, an advanced security and compliance solutions provider with a proven track record of delivering FedRAMP, DoD CC SRG, CMMC 2.0 and StateRAMP compliance acceleration, today announced a partnership with Google Public Sector to accelerate the availability of Forescout cybersecurity solutions to state, federal, and department of defense agencies.
As part of an ATO pilot program, specialist solution providers like stackArmor combine with Carahsoft’s proven public sector market services, to provide ISVs like Forescout with a holistic “accreditation to acquisition” solution.
"Google Public Sector is committed to working with partners like stackArmor and Carahsoft to accelerate the availability of Forescout cybersecurity solutions to state, federal, and Department of Defense agencies,” said Troy Bertram, Managing Director of Partners, Google Public Sector. “This pilot brings together partners with deep expertise and local knowledge to help ISVs accelerate the path to compliance and rapidly bring innovative technology to government agencies.”
The Forescout® Cloud, built on Google Cloud, is a unified SaaS platform for security visibility, risk, and operational management. It continuously discovers and analyzes all connected cyber assets, whether they are managed or unmanaged for IT, OT/ICS, IoMT, IoT and cloud, and is a foundation for Forescout solutions that address challenges related to risk and exposure management, and threat detection and response.
“We are delighted to be a partner of this ATO pilot program, which provides us with an accelerated pathway towards FedRAMP compliance and uniquely brings together engineering, compliance advisory and continuous monitoring services as well as market access solutions,” said Paul Kao, VP Product & Engineering, Forescout. “We selected stackArmor after a rigorous evaluation process and were impressed with their engineering expertise and ability to help us remove delays and friction from our aggressive accreditation roadmap.”
stackArmor rapidly delivers a dedicated Google Cloud Landing Zone with NIST-compliant security services, a complete FedRAMP ATO documentation package and post-ATO continuous monitoring. To ensure the confidentiality, integrity and availability of sensitive data, ThreatAlert® provides a standardized secure by design architecture that is deployed “in-boundary” to ensure the highest levels of security and the ability to meet stringent government cybersecurity requirements including FedRAMP Moderate, FedRAMP High, DOD Impact Level 4 and 5 among others.
“Reducing the time and cost of implementing NIST SP 800-53 based cybersecurity controls to achieve an ATO in compliance with FedRAMP, FISMA/RMF, DoD CC SRG and CMMC 2.0 requirements is a strategic necessity for commercial ISVs, critical infrastructure enterprises and public sector organizations, especially given the sharp rise in cybersecurity threats,” said Gaurav “GP” Pal, CEO and founder, stackArmor. “We are excited to expand our partnership with Carahsoft to bring our ThreatAlert® ATO Accelerator, which provides a secure by design cloud landing zone, defense in depth security services, OSCAL ready documentation package and continuous compliance automation to ISVs like Forescout, to accelerate the delivery of FedRAMP accredited cybersecurity services to government agencies.”
"Interest in FedRAMP-accredited cloud services has accelerated since the passage of the FedRAMP Authorization Act in December of last year, which opens new opportunities for expanding the portfolio of available accredited SaaS and PaaS offerings in the federal marketplace," said Craig P. Abod, Carahsoft President. "stackArmor’s ThreatAlert® ATO Accelerator combined with Carahsoft’s unique market access solutions provide a compelling accreditation-to-acquisition solution."
Carahsoft Technology Corp. is The Trusted Government IT Solutions Provider®, supporting Public Sector organizations across Federal, State and Local Government agencies and Education and Healthcare markets. As the Master Government Aggregator® for our vendor partners, we deliver solutions for Cybersecurity, MultiCloud, DevSecOps, Big Data, Artificial Intelligence, Open Source, Customer Experience and more. Working with resellers, systems integrators and consultants, our sales and marketing teams provide industry leading IT products, services and training through hundreds of contract vehicles. Visit us at www.carahsoft.com.
Forescout Technologies, Inc. a global cybersecurity leader, continuously identifies, protects and helps ensure the compliance of all managed and unmanaged connected cyber assets – IT, IoT, IoMT and OT. For more than 20 years, Fortune 100 organizations and government agencies have trusted Forescout to provide vendor-agnostic, automated cybersecurity at scale. The Forescout® Platform delivers comprehensive capabilities for network security, risk and exposure management, and extended detection and response. With seamless context sharing and workflow orchestration via ecosystem partners, it enables customers to more effectively manage cyber risk and mitigate threats. www.forescout.com
stackArmor provides cloud migration, security and compliance engineering services for compliance-driven markets, including Public Sector, Government Agencies, Healthcare, Education, Space & Defense, Financial Services, and Non-profit organizations. stackArmor’s ThreatAlert® ATO Accelerator provides a unique “in-boundary” solution that helps organizations rapidly achieve FedRAMP, FISMA/RMF, DOD CC SRG and CMMC 2.0 among other government-driven cybersecurity compliance frameworks. Learn more by visiting https://stackArmor.com