Orange Cyberdefense will work with NightDragon’s portfolio companies to infuse technology into high-value security services to help customers stay ahead of threats.
SAN FRANCISCO Y PARIS, June 23, 2022 /PRNewswire/ — NightDragon, an investment and advisory firm focused on the cybersecurity, security and privacy industry, today announced a new strategic partnership with Orange Cyberdefense, a global leader in cybersecurity services, to bring innovative technologies and services to European organizations. . The collaboration will enable NightDragon’s portfolio companies in the European market and empower Orange customers with innovative technologies and services to stay ahead of cyber threats.
Orange Cyberdefense, the Orange Group’s cybersecurity business unit, has a global presence anchored in Europe. As a key player in the European cybersecurity ecosystem, Orange Cyberdefense supports regional startup ecosystems while seeking the best innovation globally. Through this partnership, NightDragon companies will work with Orange Cyberdefense’s more than 2,500 multidisciplinary experts in 160 countries. They will also leverage the organization’s deep research and threat intelligence expertise through its trusted partnership with more than 8,500 customers.
According to IDCtotal spending on IT security in Europe it is only projected to reach $46.4 billion in 2024, above an estimate $35.6 billion in 2021. Factors such as the increased push towards digitization and remote protection of key assets continue to drive this strong regional growth, the research firm said. Orange Cyberdefense has expertise in many of these relevant growth areas, including cloud and application security, managed detection and response, zero trust, and cyber crisis management.
“The opportunity is immense for the NightDragon companies to bring leading innovation to European businesses and public sector organizations to help them better defend against growing cyber threats. We couldn’t imagine a better partner in this mission than Orange Cyberdefense, a proven global leader. which will help hyper-scale NightDragon businesses to support organizations in meeting the current risk landscape and drive thought leadership in the essential European market,” said david dewaltFounder and CEO, NightDragon.
Under this partnership, Orange Cyberdefense will receive early access to innovative NightDragon companies to assess their suitability to expand Orange Cyberdefense’s offerings and services in areas of cybersecurity technology. When direct relationships are formed, NightDragon companies will benefit from preferred terms with Orange Cyberdefense, including elevated marketing support, business development, and technical support to assist with joint sales efforts. Orange Cyberdefense and NightDragon will also collaborate to regularly review assets in their respective portfolios for potential co-investment opportunities.
“To build a more secure digital society in a continuously dynamic threat landscape, collective intelligence and innovation are critical. We are proud to partner with startups, established vendors, customers and academics to continually deliver an innovative portfolio of security services based on in intelligence. Orange Cyberdefense, together with the NightDragon companies, are at the forefront of cybersecurity. Our collaboration allows us to jointly identify, support and scale emerging late-growth businesses that can help solve the biggest cybersecurity challenges of our clients,” said Hugo FoulonCEO of Orange Cyberdefense
This partnership expands NightDragon’s capabilities under its ND Go-to-Market business unit, a dedicated set of playbooks, programs, and partnerships to help accelerate its portfolio’s go-to-market capabilities. Orange Cyberdefense’s leading cybersecurity services capabilities will complement existing go-to-market partnerships.
About Night Dragon
NightDragon is an investment and advisory firm focused on growth and late-stage investments within the cybersecurity, security, and privacy industries. Its platform and vast industry network provide unparalleled threat intelligence, deal flow, market leverage and operational expertise to drive portfolio company growth and increase shareholder value. Founded by david dewalt, the NightDragon team has over 25 years of market and operational experience at leading technology companies such as Documentum, EMC, Siebel Systems (Oracle), McAfee, Mandiant, Avast and FireEye. Read more about Night Dragon at www.nightdragon.com.
About Orange Cyber Defense
Orange Cyberdefense is the expert cybersecurity business unit of the Orange Group. As a leading provider of security services, we strive to build a safer digital society.
We are a threat intelligence and research-driven security provider offering unparalleled access to current and emerging threats.
Orange Cyberdefense retains a history of more than 25 years in information security, more than 250 researchers and analysts, 17 SOCs, 13 CyberSOCs and 8 CERTs distributed worldwide and sales and service support in 160 countries. We are proud to say that we can offer global protection with local expertise and help our clients throughout the threat lifecycle.
Learn more about Orange’s cyber defense at www.orangecyberdefense.com