Providence Strategic Growth Invests in ThreatConnect


ThreatConnect Receives Investment from Providence Strategic Growth

New Funding Aimed at Accelerating ThreatConnect’s Go-to-Market Strategy and Product Development

ARLINGTON, Va.–June 3, 2019–ThreatConnect, Inc.®, provider of the industry’s only intelligence-driven security operations platform announced a new strategic growth investment led by Providence Strategic Growth (PSG), the growth equity affiliate of Providence Equity Partners. This growth investment is intended to help continue the ThreatConnect Platform’s path of innovation and further the company’s continued leadership in its market.

ThreatConnect originally launched its Platform in 2014, gained market leadership in the threat intelligence platform market, and has since grown to serve more than 1,600 organizations worldwide. In 2017 the company added advanced orchestration and automation capabilities to the Platform, expanding its value to a broader security operations market. In just the last year, the usage of these advanced orchestration and automation “Playbooks” in the Platform has increased more than 40%, now executing more than 23,000 Playbooks per month per customer on average.

In 2018, ThreatConnect was selected by Inc5000 as one of the fastest growing companies in the US, and by Washington Business Journal as one of the DC area’s 75 Fastest Growing Companies. The company’s growth, along with its value proposition to change how businesses manage their security, drove PSG’s interest in investing in the company.

ThreatConnect CEO Adam Vincent said, “PSG’s deep experience investing in technology companies that are reshaping the way business is done make them an ideal partner for ThreatConnect. PSG portfolio companies are helping other businesses run smarter, cheaper, and faster. And, since ThreatConnect is helping companies with smarter, faster decision making in security, this seemed like a very natural fit.”

The new funding is aimed at accelerating ThreatConnect’s go-to-market strategy, supporting further development of the Platform, and expanding its ability to build a successful community of customers and partners. The company plans to increase its staff by more than 50% over the next 12 months both domestically and abroad, which is expected to further accelerate product and revenue growth in the coming years.

PSG Managing Director Gopi Vaddi said, “Our vision for digital transformation of businesses through software aligns well with ThreatConnect’s vision for intelligence-driven security. Security software is one of the priority sectors for PSG, and we are excited to have found a high quality organization in ThreatConnect led by Adam Vincent and his team – a relationship we cultivated for several years. We look forward to working with Adam and the rest of the ThreatConnect leadership team to accelerate what is already a successful and fast growing organization.”

PSG is ThreatConnect’s sole institutional investor.

About ThreatConnect
ThreatConnect, Inc. provides a proactive and efficient approach to security by enabling enhanced detection, shortened response, and reduced risk. Designed by analysts but built for the entire team (security operations, threat intelligence, incident response and security leadership), ThreatConnect’s intelligence-driven security operations platform is the only solution available today with intelligence, automation, analytics, and workflows in a single platform. To learn more about our threat intelligence platform (TIP) or security orchestration, automation, and response (SOAR) solutions, visit

About Providence Strategic Growth Capital Partners LLC
Providence Strategic Growth (“PSG”) is an affiliate of Providence Equity Partners (“Providence”). Established in 2014, PSG focuses on growth equity investments in lower middle market software and technology-enabled service companies, primarily in North America. Providence is a premier global asset management firm that pioneered a sector-focused approach to private equity investing with the vision that a dedicated team of industry experts could build exceptional companies of enduring value. Since the firm’s inception in 1989, Providence has invested in more than 180 companies and is a leading equity investment firm focused on the media, communications, education and information industries. Providence is headquartered in Providence, RI, and also has offices in New York and London. For more information on PSG, please visit, and for more information on Providence, please visit


Hayley Kropog

Claire Sach

Providence Strategic Growth
Kelsey Markovich / Hayley Cook

KPN Ventures leads investment in cyber security startup ZecOps

Kpn Ventures

ROTTERDAM, July 31, 2018 – Dutch corporate investment fund KPN Ventures announced today it has participated as lead investor in the $3.5m seed round of ZecOps, a cyber security startup based in San Francisco and Tel Aviv, focusing on automated threat analysis.

ZecOps seed round is supplemented by an investment from Evolution Equity Partners, a fund that specializes in cybersecurity, Plug and Play Silicon ValleyWISE VenturesArray Ventures, and respected angel investors.

ZecOps was started in July 2017 by Zuk Avraham together with his wife & co-founder, Taly Slachevsky. ZecOps is Avraham’s second entrepreneurial journey. He founded his first company, Zimperium, in 2010, where he currently serves as its Chairman of the Board. Zimperium is the leading mobile threat defense solution on the market.

ZecOps products gained high traction during its first year, while still in stealth-mode, with well-known customers from the technology, finance and telecom segments. ZecOps is working with law enforcement agencies, banks, critical infrastructure, tech, payment solutions and telcos to solve major pain points in cyber security.

“Through KPN’s cooperation with Zimperium, We have got to know Zuk as a clear thought leader in cyber security” said Herman Kienhuis, EVP and Managing Director at KPN Ventures.“With ZecOps, he is taking on a new challenge: automating security breach analysis; we see great potential in enabling more companies to learn from attacks, generate new threat intelligence and substantially improve their security.”

Michal Pechoucek, Partner at Evolution Equity Partners, adds: “Increased efficiencies gained from automation in security operations is an important area in cybersecurity where Zecops have developed cutting edge technology. We believe the attributes of the Zecops technology are unique and provide the company with a cutting-edge advantage in the global marketplace. We welcome Zecops and its team of seasoned cybersecurity professionals to our portfolio.”

“We are extremely excited to welcome ZecOps into our family.  Out of the hundreds of cybersecurity startups we analyzed this year, ZecOps stood out as one of the most exciting,” says George Damouny, Partner at Plug and Play Ventures. “With their strong team and expertise in the cybersecurity space, we have high expectations for ZecOps as they continue to revolutionize the Security Operations market.”

Following this seed round investment, ZecOps will launch its products for general availability to help organizations hunt down attackers’ mistakes effectively.

“We were surprised with the overwhelming demand for our products. It can be exceedingly difficult to innovate in a crowded market like the cyber security space – but we were able to do it effectively. Consequently, the reactions from CISOs around the globe made our efforts worthwhile,” said Mr. Avraham. “In the last year, we detected multiple APTs for a variety of businesses, a rare achievement especially for a one year old company”.

About ZecOps, Inc.
ZecOps is a stealth mode cybersecurity automation company headquartered in San Francisco, California with R&D based in Tel Aviv, Israel. ZecOps learns from attackers’ mistakes with the goal of discovering the course of action and objectives of entire campaign, burn the threat actors exploits & persistence mechanisms and increase the attacker’s campaign costs for targeting a ZecOps protected company. To contact ZecOps, visit For press inquiries: mail ZecOps PR at