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Fortune
Fortune
Luisa Beltran

Fighting hackers is big business—and just helped Blackpoint Cyber raise $190 million led by Bain Capital

Bain Capital Bain National Security Agency Accel Fortune National Security
(Credit: Courtesy of Bain Capital and Blackpoint Cyber)

As cyberattacks rise, so do the coffers of firms that fight them.

Blackpoint Cyber, which helps small and midsize businesses fight off hackers, just raised $190 million in a round led by Bain Capital, they told Fortune exclusively. Accel also participated in the Series C which saw Adelphi Capital Partners, Telecom Ventures, Pelican Ventures, and WP Global Partners take part. In all, Blackpoint has raised $216 million, according to CEO Jon Murchison, a former National Security Agency computer operations expert.

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