WillJam Ventures and AT&T close joint venture to form new managed cybersecurity services business
SAN FRANCISCO–(BUSINESS WIRE)–At RSA Conference 2024, WillJam Ventures, an investor with deep cybersecurity industry experience, today officially launched LevelBlue, a joint venture with AT&T to form a new, standalone managed cybersecurity services business. Cybersecurity is a business imperative, and technologies such as artificial intelligence (AI) and cloud computing create a more dynamic threat landscape. LevelBlue provides managed security services and unparalleled expertise, so organizations no longer have to sacrifice security for innovation. They can achieve both, with confidence.
LevelBlue offers strategic cybersecurity services to meet the evolving needs of businesses with capabilities that include managed security services, cybersecurity consulting, threat intelligence and continuous security operations center (SOC) support. LevelBlue includes more than 1,000 employees globally, with AT&T retaining a minority ownership stake and board representation in the new entity.
“Today’s rapidly evolving cybersecurity landscape requires organizations to leverage expert resources for continuous protection against emerging threats. LevelBlue’s advanced cybersecurity capabilities, our co-investment with AT&T and our ability to innovate will serve our customers and the industry well now and in the future,” said Bob McCullen, Chairman and CEO of LevelBlue and Managing Partner of WillJam Ventures. “LevelBlue’s comprehensive technology and service portfolio simplifies cybersecurity for the businesses that fuel our global economy. With cyber threats making headlines daily and impacting businesses of all types and sizes, LevelBlue’s experienced team and always-on services make governance, planning, resource allocation, and innovation easier than ever – without sacrificing security.”
“Today marks a significant milestone as we officially launch LevelBlue, our standalone managed security services joint venture,” said Rick Welday, EVP of AT&T Enterprise Markets. “As we continue to embed more security capabilities into our core network, this venture simultaneously allows us to stay one step ahead of evolving cyber threats and foster innovation in the cybersecurity space. We look forward to the opportunities and capabilities LevelBlue brings to the market.”
LevelBlue serves as a trusted advisor to manage risk while businesses focus on customer satisfaction and growth, by offering the following services:
Cybersecurity Consulting Services
LevelBlue’s cybersecurity consulting services offer ongoing, always-on assessment, planning and advisory through its experienced consulting team. The company’s consulting team are dedicated professionals with an average of 15 years’ experience in cybersecurity, holding the latest certifications and knowledge in working with organizations of various types and sizes.
Through the consulting team, organizations can benchmark and identify their top cybersecurity priorities, design a highly secure dynamic computing environment, transform the network to optimize security, identify areas of cyber risk proactively, and prescribe preventative tactics to protect critical assets.
Managed Security Services
Computing complexity continues to grow and impact business. Through LevelBlue’s managed security services, organizations can simplify their security needs by offering their team a strategic extension to help deliver greater insights.
The experienced LevelBlue managed services team can implement plans that drive efficiency in security operations, identify costs and complexity and associate them with business outcomes, pinpoint where to adapt and scale as business evolves, and extend traditionally resource-constrained security teams for more insight.
Threat Intelligence
LevelBlue helps proactively identify threats and accelerate threat detection and response through its threat intelligence platform. Enriched by machine learning and security expertise, this LevelBlue platform is backed by the Open Threat Exchange (OTX), a community of over 235,000 security professionals who submit 20 million plus threat indicators daily – so customers can effectively prepare for a potential data breach.
Ongoing SOC and Service Support
LevelBlue’s managed services operates across four global SOCs and three global Network Operations Centers (NOCs) that are always on and monitored 24/7/365. LevelBlue works with best-of-breed vendors to offer comprehensive analytics, reporting capabilities, and unmatched service support.
“Cybersecurity complexity continues to increase. Organizations spanning all sectors and sizes need help from trusted third-party advisors on their journey to cyber resiliency,” said Christina Richmond, Richmond Advisory Group. “Innovation for the future is critical, including both business innovation to deliver better outcomes and cybersecurity services innovation to ensure security is prioritized and managed end-to-end.”
Additional terms of the transaction were not disclosed. For more information, please visit www.levelblue.com or visit booth #6155 at Moscone North Expo during RSA Conference to hear directly from LevelBlue executives.
About LevelBlue
We simplify cybersecurity through award-winning managed services, experienced strategic consulting, threat intelligence and renowned research. Our team is a seamless extension of yours, providing transparency and visibility into security posture and continuously working to strengthen it.
We harness security data from numerous sources and enrich it with artificial intelligence to deliver real-time threat intelligence. This enables more accurate and precise decision making. With a large, always-on global presence, LevelBlue sets the standard for cybersecurity today and tomorrow. We easily and effectively manage risk, so you can focus on your business
Welcome to LevelBlue. Cybersecurity. Simplified. Learn more at www.levelblue.com
Contacts
Media Contact
Jessica Bettencourt
Inkhouse for LevelBlue
[email protected]
(774) 451-5142
