Option3 Sells Dark Cubed Position to Celerium
Retrieved on:
Wednesday, October 19, 2022
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NEW YORK, Oct. 19, 2022 /PRNewswire/ -- Option3, a specialist cybersecurity private equity firm that combines a heritage in the national security community with decades of expertise in the investment industry, announced today that it recently sold its entire investment in Dark Cubed, an automated network security solution serving small and medium- sized businesses (SMBs), to Celerium, a leader in innovative active cyber defense solutions.
Key Points:
- By delivering automated data-driven decision making at a low monthly price point, Dark Cubed created its own category in the market, consequently not competing with vendors in the firewall and threat intelligence space."
- "It was a pleasure working with Vince and the team," said Lisa Donnan, Operating Partner and former Board Member at Dark Cubed.
- Donnan, along with one other Option3 representative, resigned from the Dark Cubed board earlier this month when the private equity firm sold its entire position and ended its role at the company.
- "We were invested in Dark Cubed for only two years, a brief period for us.