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STG Acquires RedSeal for Cybersecurity, Network Risk Management

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Private equity firm Symphony Technology Group (STG) has purchased a 70 percent stake in RedSeal, a network modeling and risk scoring platform company, for approximately $70 million.

STG will appoint four directors to RedSeal's board, the company said. It also announced that Richard Clarke, a former U.S. coordinator for security, infrastructure protection and counter-terrorism, will join RedSeal as a board advisor.

RedSeal has raised $142 million to date, and the STG investment could help the company accelerate its growth and bolster its network modeling and risk scoring platform.

RedSeal's network modeling and risk scoring platform imports host and vulnerability data from vulnerability scanners and other sources and uses algorithms to model a network and how data moves through it. Then, the platform overlays host and endpoint information and identified vulnerabilities to help organizations quickly detect and address security issues.

Furthermore, organizations can use RedSeal's platform to obtain a Digital Resilience Score to measure and manage a network's digital resilience. RedSeal's Digital Resilience Score tops out at 850 and deducts points based on defensive gaps, weaknesses identified during cyberattack simulations and network blind spots.

How Does RedSeal Work with Channel Partners?

RedSeal last year launched a channel partner program that enables technology resellers to offer the company's network modeling and risk scoring platform to commercial and federal organizations.

The RedSeal Partner Program provides access to pre-packaged sales playbooks for specific customer uses, the company said. It also offers training modules and access to deal registration and market development funds.

Dan Kobialka

Dan Kobialka is senior contributing editor, MSSP Alert and ChannelE2E. He covers IT security, IT service provider business strategies and partner programs. Dan holds a M.A. in Print and Multimedia Journalism from Emerson College and a B.A. in English from Bridgewater State University. In his free time, Dan enjoys jogging, traveling, playing sports, touring breweries and watching football.