Friday July 25, 2014 0 comments
GREENWOOD VILLAGE - BEW Global, an internationally recognized leader in data loss prevention managed security services and critical asset protection, announced it has received investment funding from Frontier Capital, a leading growth equity firm.
BEW Global did not disclose the amount of the funding other than to say it was "substantial."
The company said the new funding will help continue its rapid growth and strengthen its security solution portfolio.
"We are thrilled with the partnership with Frontier Capital," said Rob Eggebrecht, BEW Global president and co-founder.
"Recent high-profile data breaches continue to highlight the need for a new approach to securing critical assets. Their investment and strategic insight will provide us with additional resources needed to support the growth of the company and support organizations looking to secure their intellectual property and other critical assets beyond traditional methods."
BEW Global said it as seen double-digit growth over the past several years as the need for content-aware security solutions has continued to increase.
"BEW's strong growth - coupled with a quality management team dedicated to providing innovative information security solutions to their clients - makes BEW a perfect fit with our investment strategy," said Joel Lanik, Frontier partner.
"Our investment will enable BEW to expand its service to meet the ever-growing security needs of organizations."