LevelBlue, LLC
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LevelBlue, LLC - overview
Established
2023
Location
Plano, TX, US
Primary Industry
IT Security/Cybersecurity
About
Previously known as AT&T Cybersecurity, Based in the US, LevelBlue, LLC offers IT security solutions that protect organizations against digital threats, ensuring compliance and safeguarding sensitive data. LevelBlue, LLC specializes in cybersecurity, providing managed security services and software solutions to protect various sectors. Founded in Plano, US, the company has grown to cater to small and medium-sized businesses as well as governmental organizations. The company was established by industry professionals with experience in cybersecurity and technology.
Details regarding funding rounds or strategic changes are not specified. LevelBlue offers a comprehensive suite of cybersecurity solutions designed to protect organizations from evolving threats in the digital landscape. The company’s core product offerings include managed security services, endpoint security, and extended detection and response (XDR) solutions. Their flagship product, USM Anywhere, serves as a unified platform for threat detection, incident response, and compliance management, catering particularly to small and medium-sized businesses, as well as government entities.
LevelBlue’s services are utilized across various sectors, including healthcare, finance, manufacturing, and education, focusing on customers who require robust security measures to safeguard sensitive data and ensure regulatory compliance. The geographical markets served by LevelBlue include the United States and select international regions, wherein they deploy their solutions to clients requiring advanced protection against cyber threats. LevelBlue generates revenue primarily through subscription-based models for its managed security services and software solutions. Clients enter into service agreements that enable them to access a range of cybersecurity tools and support, including endpoint management, threat intelligence, and incident response services.
Pricing structures are tailored to the specific needs of their diverse clientele, encompassing varying levels of service and support, from basic packages to comprehensive security solutions. Notably, their partnerships with technology providers enhance their offerings, allowing for integrated solutions that streamline security management for end-users. The company’s revenue framework underscores the importance of long-term client relationships, with consistent engagement through renewal of service subscriptions and the potential for additional consulting and professional services as client needs evolve. LevelBlue aims to expand its product portfolio by launching new features for its USM Anywhere platform, with anticipated updates by Q4 2024.
The company plans to enter new markets, particularly in Europe and Asia, by 2025, enhancing its global footprint. Recent funding will be directed towards product development and market expansion initiatives. In October 2025, Cybereason Inc. , a portfolio company of Google Cloud, Liberty Strategic Capital, Irving Investors, SB Investment Advisers, Neuberger Berman, SoftBank Group, Lockheed Martin, Spark Capital, and CRV, agreed to merge with LevelBlue, LLC.
Financial terms of the transaction were not disclosed.
Current Investors
AT&T Inc., WillJam Ventures, SoftBank Group
Primary Industry
IT Security/Cybersecurity
Sub Industries
Consulting Services, IT Security/Cybersecurity
Website
www.levelblue.com
Verticals
Cloud Computing, IoT (Internet of Things)
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
LevelBlue, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | LevelBlue, LLC | - | ||||||||
| Add-on, Trade Sale | Completed | Cybereason Inc. | - | ||||||||
| Add-on, Corporate Carve Out | Completed | STROZ FRIEDBERG, LLC | - | ||||||||
| Joint Venture | Completed | LevelBlue, LLC | - | ||||||||
| Add-on | Completed | Elysium Digital, LLC | - |
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