Managed Security Services Provider (MSSP) News: 20 November 2020 -

Each business day, MSSP Alert broadcasts a quick lineup of news, analysis and chatter from across the managed security services provider ecosystem.

The Content: Written for MSSPs, SOC as a Service (SOCaaS), Managed Detection and Response (MDR), Extended Detection and Response (XDR) and MSP security providers — and those who need to partner up with such companies.
Frequency and Format: Every business morning. Typically one or two sentences for each item below.
Reaching Our Inbox: Send news, tips and rumors to [email protected].

A. Today’s MSSP Alerts

1. New – Top 250 Public Cloud MSPs List and Research: See it here.

2. M&A and Private Equity Funding: FireEye, backed by a new private equity investment from Blackstone, has acquired XDR company Respond Software for $186 million.

3. Funding - Cryptographic Key Management: Unbound Tech has raised $20 million in Series B funding led by Evolution Equity Partners, joining existing investors Innovation Endeavors, Goldman Sachs, Citi and BlueRed Partners.

4. Partner Program - Cyber Exposure Mitigation: Tenable has updated the Tenable Assure partner program with a new certification component, expanded service choices and a revamped partner portal.

5. McAfee Quarterly Results: McAfee's revenue was $728 million in Q3 2020, up 10 percent from Q3 2019. Net income was breakeven. It has been a busy few weeks for McAfee. The company recently launched the MVISION Marketplace for security partners; aligned with Amazon to secure SMBs; unveiled XDR milestones; and launched an IPO.