CyberMaxx, a leading managed detection and response (MDR) provider, today announced that it has closed the acquisition of Cybersafe, a leader in continuous MDR services, and onShore Security, a leading provider of enterprise-grade cybersecurity solutions, further accelerating the company's growth and strengthening its MDR capabilities. These acquisitions create greater scale through additional security resources and domain expertise, enterprise-grade cyber-security solutions and enabling best-in-class MDR technology. Combined with a strong 2024 performance, the two acquisitions position the company as a top 15 MDR provider by annual revenue.
CHICAGO, Jan. 21, 2025 /PRNewswire-PRWeb/ -- The acquisitions build on successful growth in 2024 and delivers new and expanded modern MDR offerings and capabilities to the under-served mid-market
CyberMaxx, a leading managed detection and response (MDR) provider, today announced that it has closed the acquisition of Cybersafe, a leader in continuous MDR services, and onShore Security, a leading provider of enterprise-grade cybersecurity solutions, further accelerating the company's growth and strengthening its MDR capabilities. These acquisitions create greater scale through additional security resources and domain expertise, enterprise-grade cyber-security solutions and enabling best-in-class MDR technology. Combined with a strong 2024 performance, the two acquisitions position the company as a top 15 MDR provider by annual revenue.
Enhanced enterprise level solutions for mid-market and SME customers.
Through these acquisitions, CyberMaxx adds broader security capabilities and depth of expertise across a wider attack surface to better serve its rapidly expanding base of hundreds of MDR customers.
MaxxMDR by CyberMaxx further reduces risk for customers through a modern approach that integrates threat response within the monitoring and detection functions of the CyberMaxx 24x7x365 Security Operations Center (SOC). To better meet the unique security requirements of its customers, MaxxMDR will now be available in three distinct service level offerings: Core, Advanced, and Elite.
Strengthening tech-enabled services capabilities by expanding platform compatibility
The acquisitions further bolster compatibility with leading third-party security and SIEM vendors, reinforcing the CyberMaxx tech-enabled model which monitors and responds to each customer's most security-relevant data. World-class MDR services from CyberMaxx include seamless integrations and domain expertise across leading security vendors including Crowdstrike, Microsoft, SentinelOne, Palo Alto, Cisco/Splunk, Devo, Elastic, Exabeam, and LevelBlue, and more. The increased compatibility offers greater flexibility and allows customers to implement an effective MDR solution without the need for additional technology investments.
Enhanced Customer Experience.
In addition to expanding platform support, CyberMaxx will imminently roll out enhancements in customer experience with the advancements of its customer portal, providing enhanced visibility into MDR performance and providing upgraded reporting features; offering analysts deeper insights into security operations. Customers will also have complete access to these enhanced features through a modern mobile app, ensuring full control and visibility, anywhere and at any time.
"We are thrilled to welcome Cybersafe and onShore Security to the CyberMaxx family," said Brian M. Ahern, CEO of CyberMaxx. "These acquisitions mark a significant milestone in our mission to provide unparalleled cybersecurity solutions. By combining the strengths of all three organizations, we deliver a modern MDR experience at scale, addressing the evolving needs of our clients."
"Joining CyberMaxx is a natural progression for Cybersafe," added Benedetto Filingeri, CEO of Cybersafe. "Our shared mission and complementary capabilities will provide our customers with enhanced services and resources previously unavailable to them."
"This starts an exciting new chapter for the team and our customers," said Stel Valavanis, CEO of OnShore Security. "By combining the resources and expertise of CyberMaxx to our teams Elastic-based MDR, we can achieve extraordinary growth and deliver even greater security operations."
All companies will operate as a single unified company under the CyberMaxx brand.
About CyberMaxx
CyberMaxx provides comprehensive managed detection and response (MDR) services that protect organizations from today's complex cyber threats. With a focus on proactive security measures, CyberMaxx delivers industry-leading technology combined with expert human oversight, offering robust protection and peace of mind to clients across various industries.
For more information about CyberMaxx's Modern Managed Detection & Response (MDR), visit www.cybermaxx.com
Media Contact
Clint Poole, CyberMaxx, 1 8575402331, [email protected], www.cybermaxx.com
SOURCE CyberMaxx
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