Foresite Announces Investment and Partnership with Fishtech Labs to Accelerate Growth Strategy and Innovation

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As the latest addition to Fishtech Lab’s technology accelerator program, Foresite joins forces with security industry serial entrepreneur, Gary Fish, to further accelerate its objectives to deliver world class managed security and cyber consulting services through our valued channel partnerships

Foresite, a provider of managed security and cyber-consulting services, today announced a strategic investment from Fishtech Labs to accelerate their growth strategy and innovation plans.

In addition to a significant capital investment, Fishtech Labs furthers its vision of becoming a leading technology accelerator and will leverage decades of industry experience to assist and support Foresite with innovative go to market strategies, industry positioning, and technology acceleration services. As part of the partnership, Fishtech Labs’ CEO and Founder, Gary Fish, and Co-Founder Dan Thormodsgaard, will immediately join Foresite’s Board of Directors.

“We are excited to join forces with Gary and the Fishtech team as we continue to strengthen our position in the managed security services marketplace,” said Foresite Chairman and CEO Robin Mayo. “The investment by Fishtech Labs means a lot more than funding to us,” said Mayo. “Gary and his team at Fishtech Labs have a very unique approach to helping companies like ours accelerate our go to market strategy. Fishtech Labs has many years of experience in our space and are respected as leaders in our industry. The Foresite leadership team and associates are very excited to have the Fishtech team become an extension of our own.”

The partnership immediately pairs two companies focused on creating and delivering leading solutions designed to deliver operational efficiencies, while improving security posture and regulatory compliance objectives for customers.

“Foresite’s ProVision platform delivered as a service is a perfect complement to our cloud forward approach at Fishtech Labs,” said Fish. “With the MSSP market predicted to grow to $30 billion worldwide by 2020, we believe Foresite is positioned well to take advantage of the strong market tailwinds. Foresite’s ability to white label solutions is very compelling, enabling channel partners to participate in the MSSP market without the costly and time consuming task of building the software and infrastructure to support their own MSSP environment.”

“We are very impressed with Foresite’s SaaS based ProVision platform,” said Fish. “A platform with the depth of features and capabilities ProVision incorporates takes years to develop, so we are very excited to be partnering with the Foresite team at this exciting juncture in their evolution. Additionally, Foresite's Incident Response capabilities are a perfect complement to their managed security services. Foresite has the unique ability to identify threats through its ProVision platform and then immediately respond and remediate those threats. Foresite is poised to disrupt the MSSP space and we are happy to be a part of their journey.”

About Foresite
Foresite is a global provider of managed security, cyber consulting, and compliance services focused on delivering comprehensive solutions to protect our clients from increasingly persistent cyber-threats. Foresite’s solutions empower organizations with vigilance and expertise to proactively identify, respond, and remediate cyber-attacks and breeches. For more information, visit us at http://foresite.com or contact us at info(at)foresite(dot)com.

Fishtech Labs
Fishtech Labs is a technology accelerator focused on finding and creating solutions for our clients that deliver operational efficiencies and improved security posture. So you don't have to, we are immersed in the changing security and emerging technology landscape specific to Cloud, IoT, SDN, and Virtualization. We identify gaps and appropriate solutions for our clients' maximum advantage. As innovation experts, our team takes a consultative approach to evaluate each client's objectives, benefits, and risks that may be mitigated with next-generation solutions. For more information, visit us at http://fishtechlabs.com or contact us at info(dot)fishtechlabs(dot)com.

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