BlueteamGlobal, a newly launched cybersecurity startup founded by ex-Morgan Stanley and Thomas Reuters executives, has raised over $125 million from undisclosed investors.
The Roslyn, NY-based company which offers Cyber Threat Intelligence for large companies and Managed Cyber Security Services for smaller businesses, was founded by former investment bankers, Morgan Stanley’s ex-COO Jim Rosenthal, who is now CEO of BlueteamGlobal, and Tom Glacer, the former CEO of Thomson Reuters and a member of Morgan Stanley’s board, who is now the startup’s executive chairman.
The cybersecurity company plans to initially target businesses in North America and Europe and soon expand into other regions. The firm has opened offices in New York, Washington D.C., London, Madrid and Tel Aviv. Along with the funding, the company announced the launch of operations and the merger into BlueteamGlobal from three cybersecurity technology businesses, including Virginia-base BitVoyant, Tel Aviv-based K2G and New York-based K2 Intelligence.
The company lists high profile employees from the private sector and national security agencies, including Daniel Annis, the former director of the National Security Agency’s Threat Operations Center, and Ron Feler, the former deputy commander of the Israel Defense Forces’ elite cyber squad Unit 8200. Robert Hannigan, previously a director at the British intelligence agency GCHQ, will lead BlueteamGlobal’s European Advisory Board. Former Federal Bureau of Investigation cyber officials Austin Berglas and Milan Patel will head managed-security and professional services.
CEO Jim Rosenthal came to Morgan Stanley in 2008 after serving as CFO at Tishman Speyer. He held the COO position at the investment bank from 2011 to 2016. Rosenthal also worked at Lehman Brothers and McKinsey. He is the Co-Chair of Sheltered Harbor, a financial services industry cybersecurity organization. Executive Chairman Tom Grocer was CEO of Reuters from 2001 to 2011, and will become Morgan Stanley’s lead board director in September.
"In my role at Morgan Stanley, I spent considerable time focused on cybersecurity issues, working with Tom – as the security lead on Morgan Stanley's board – to build out an elite team to protect the firm against advanced attack techniques – in the same way that the national security agencies take on that role for the U.S. government," Rosenthal stated. "BlueteamGlobal will provide the same kind of expertise and intelligence to companies around the world."