BlueVoyant recently acquired Conquest Cyber, an adaptive risk management vendor, to expand its SaaS footprint within the U.S. government and defense industrial organizations. This acquisition is expected to provide cyber risk maturity and compliance assessments to both federal and commercial customers. Additionally, BlueVoyant’s expertise in external supply chain defense will benefit existing Conquest Cyber clients.
The acquisition, which was completed with over $140 million in Series E funding, is poised to enhance BlueVoyant’s capabilities in the government and defense sectors. Conquest Cyber brings with it a dedicated team of employees and a strong track record in serving U.S. government clients.
The integration plan involves unifying the platforms of both companies over the next six months while maintaining sovereign tech environments for the United States and globally. This includes leveraging artificial intelligence, machine learning, and virtual data lakes to offer customers more self-service capabilities and deliver more autonomous operations.
The deal is expected to bring significant benefits to both BlueVoyant and Conquest Cyber customers, with an emphasis on revenue synergies and increased market adoption of their combined solutions. As a result, the new entity is set to offer comprehensive cyber defense and risk management services to a wide range of organizations, both within the U.S. government and the broader commercial sector.