Mandiant Closes Investment with One Equity Partners and Kleiner Perkins Caufield & Byers
A. Jody Gessow and Ted Schlein join Mandiant's Board of Directors.
Mandiant , the leader in advanced threat detection and response solutions and services, today announced that One Equity Partners (OEP), the private investment arm of JPMorgan Chase & Co., and Kleiner Perkins Caufield & Byers (KPCB) have completed a strategic investment in the company. Mandiant also announced the addition of Ted Schlein (KPCB) and A. Jody Gessow (OEP) to its Board of Directors.
“We look forward to scaling and meeting the significant demand for Mandiant products and services with the resources of KPCB and OEP,” said Mandiant CEO Kevin Mandia. “Ted and Jody bring decades of proven security and executive experience and we welcome them to the board.”
“Over recent months the importance of knowing whether your network has been breached has become alarmingly clear. Mandiant is the global leader in helping major corporate and government entities answer this question and execute an effective response. With the experience and financial resources of Mandiant’s new investors, we are confident Mandiant will prosper in the years ahead. We are delighted to become their partner in fulfilling their long-term goals,” said OEP’s Jody Gessow.
“The number and scope of advanced and targeted attacks continues to increase, and preventive measures alone are no longer sufficient to protect organizations from intrusions”, said KPCB’s Ted Schlein. “Mandiant is uniquely positioned to be the early warning system for the next wave of advanced attacks. I am excited to be part of the team that is doing so much to ensure organizations have an aggressive and successful security posture.”
On May 16, the company launched Mandiant Intelligent Response® (MIR) v2.0, featuring the second generation of powerful host-based incident response for enterprise organizations. Trusted by incident responders at the world’s largest banks, defense contractors, energy companies and manufacturers, MIR 2.0 enables enterprises to respond faster, limit losses and speed the return to normal business operations.
About FireEye, Inc.
FireEye has invented a purpose-built, virtual machine-based security platform that provides real-time threat protection to enterprises and governments worldwide against the next generation of cyber attacks. These highly sophisticated cyber attacks easily circumvent traditional signature-based defenses, such as next-generation firewalls, IPS, anti-virus, and gateways. The FireEye Threat Prevention Platform provides real-time, dynamic threat protection without the use of signatures to protect an organization across the primary threat vectors and across the different stages of an attack life cycle. The core of the FireEye platform is a virtual execution engine, complemented by dynamic threat intelligence, to identify and block cyber attacks in real time. FireEye has over 2,500 customers across 65 countries, including over 150 of the Fortune 500.
Mandiant, a FireEye company, has driven threat actors out of the computer networks and endpoints of hundreds of clients across every major industry. We are the go-to organization for the Fortune 500 and government agencies that want to defend against and respond to critical security incidents of all kinds. When intrusions are successful, Mandiant’s security consulting services – backed up by threat intelligence and technology from FireEye – help organizations respond and resecure their networks.
This press release contains forward-looking statements, including statements related to the features, objectives and benefits of the Industrial Control System Security Gap Assessment and Cyber Defense Center Development offerings. These forward-looking statements involve risks and uncertainties, as well as assumptions which, if they do not fully materialize or prove incorrect, could cause the results of FireEye or Mandiant to differ materially from those expressed or implied by such forward-looking statements. The risks and uncertainties that could cause such results to differ materially from those expressed or implied by such forward-looking statements include the ability of FireEye and Mandiant to retain and recruit highly experienced and qualified personnel; customer demand for and market acceptance of such offerings; changes in the technology or the industries in which such offerings are related; competitive pressures faced by FireEye and Mandiant; and general market, political, economic, and business conditions; as well as those risks and uncertainties included under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” in FireEye’s quarterly report on Form 10-Q filed with the Securities and Exchange Commission on August 13, 2014, which is available on the Investor Relations section of the company’s website at investors.FireEye.com and on the SEC website at www.sec.gov. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and FireEye does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made. Any future service, feature, objective or benefit that may be referenced in this release are for information purposes only and are not commitments to deliver any service, feature, objective or benefit. FireEye reserves the right to modify future plans at any time.