#United States #H.I.G. Capital #Cybersecurity #San Francisco #AgileBlue

H.I.G. Capital's Investment in AgileBlue

H.I.G. Growth Partners, the growth capital investment arm of H.I.G. Capital, is excited to announce its partnership with AgileBlue, a platform that utilizes artificial intelligence to enhance cybersecurity solutions. This strategic investment comes at a crucial time when the demand for effective cyber defense mechanisms is surging, particularly among mid-market enterprises facing evolving threats.

AgileBlue is headquartered in Cleveland, Ohio, and stands out with its AI-powered Security Operations platform designed to detect, investigate, and automatically respond to cyber threats across various environments including cloud, network, and endpoint settings. With the increasing sophistication of cyberattacks and tighter regulations in North America and Europe, their platform is increasingly becoming vital for organizations looking to protect their valuable assets.

The partnership between H.I.G. and AgileBlue aims to accelerate the company's growth, push for innovative product developments, and broaden its operational reach. AgileBlue’s unique offerings, which include proactive threat monitoring and automated compliance solutions, cater specifically to the distinctive needs of mid-sized businesses in industries such as financial services, healthcare, and manufacturing.

According to Tony Pietrocola, Co-Founder and President of AgileBlue, the partnership with H.I.G. is expected to scale their capabilities. He noted the increasing significance of AI in revolutionizing the cybersecurity landscape, allowing organizations to take advantage of integrated automation in their security practices. Pietrocola highlighted that H.I.G. Growth’s dedication to cybersecurity, coupled with their collaborative approach, aligns perfectly with AgileBlue's aspirations for growth and operational excellence.

H.I.G. Growth's history of focused investments within the cybersecurity sector strengthens this new alliance. Their portfolio includes notable names like Corelight and JumpCloud, reflecting a robust commitment to bolstering cybersecurity frameworks across various businesses. Albert Koh, Principal at H.I.G. Growth Partners, emphasized that AgileBlue's platform is fundamentally designed around AI and automation. He pointed out that it uniquely offers the ability to autonomously detect and respond to threats, a capability that has garnered significant user adoption since AgileBlue's inception in 2019.

Amidst rising cyber threats, the demand for scalable and automated security solutions is paramount. As cyberattacks become more frequent and sophisticated, AgileBlue stands at the forefront, ready to meet this challenge head-on. Andy Lefkarites, another Principal at H.I.G. Growth Partners, reinforced the importance of AgileBlue’s platform, noting that it provides enterprise-grade security solutions tailored for organizations that otherwise struggle with complex cybersecurity requirements.

The financial advisory for H.I.G. was handled by DC Advisory, while Ropes & Gray LLP provided legal counsel during this strategic investment.

About AgileBlue

AgileBlue is a leader in providing AI-driven Security Operations (SecOps) solutions, designed to effectively detect, investigate, and respond to cyber threats seamlessly. Their innovative platform is not only efficient but also backed by a team of experts available 24/7, ensuring that client needs for autonomous detection and rapid response are met comprehensively. For more details, visit their official website at agileblue.com.

About H.I.G. Growth Partners

Operating as the dedicated growth capital investment division of H.I.G. Capital, H.I.G. Growth Partners has a significant portfolio of investments across various regions including North America, Europe, and Latin America. With a focus on high-growth sectors, H.I.G. supports businesses in achieving operational excellence through strategic guidance and comprehensive support. More information about their operations can be found on their website, HIGgrowth.com.