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Based on the acquisition, InteliSecure projects 2015 revenues to total more than $35M (?22.6M). Additionally, the company anticipates a 50 percent annual sales growth rate for the next three years. The combined organisation now protects the critical assets and most sensitive intellectual property for more than 500 enterprise organisations across North America and Europe.
The acquisition follows InteliSecure’s successful completion of an $8M Series B equity investment round led by Charlotte, N.C.-based Frontier Capital. To-date, InteliSecure has raised $22M of equity financing, combined with a $6M debt financing from Silicon Valley Bank to be used to fund development of InteliSecure’s next generation managed security services platform, slated for launch in Q1 2016. In total, InteliSecure has generated $28M in strategic investment capital over the last 16 months.
“Pentura is the definitive leader in the UK security assessment market, providing world-class services to enterprises of various sizes throughout the UK and EMEA”, said Rob Eggebrecht, President and CEO of InteliSecure. “Our acquisition is a win-win for our customers in North America and Europe, as well as for future enterprise customers who recognise the most effective stop-gap measure to combat today’s escalating cybersecurity threats is through critical asset protection.”
“We are thrilled to announce we are now a part of InteliSecure, a move that helps us accelerate, scale and extend our breadth of pen testing, DLP, and GRC service offerings for our customers,” said Pentura CEO Tony Allen. “InteliSecure is the market leader in managed DLP and critical asset protection services, and we look forward to building our leadership position in the next generation managed security services market.”
