Securitybricks, Inc.

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Securitybricks, Inc. - overview

Location

Bellevue, WA, US

Primary Industry

IT Security/Cybersecurity

About

Based in Washington, US, Securitybricks, Inc. is engaged in automating security compliance solutions for regulatory frameworks. The company was acquired by Aprio, LLP in December 2024. Raj Raghavan is leading the firm as CEO as of 2024.


Securitybricks offers automated security solutions aimed at facilitating compliance with regulatory frameworks such as the Cybersecurity Maturity Model Certification (CMMC) and the Federal Risk and Authorization Management Program (FedRAMP). Their core offerings include various accelerators designed to facilitate cybersecurity measures for government agencies and private sector businesses, helping them to meet stringent compliance requirements. These solutions leverage Microsoft and ServiceNow integrations, providing users with tools that facilitate the compliance process and data security. The primary client base consists of government agencies and contractors operating in sectors that require adherence to cybersecurity standards, with a geographical focus that extends across the United States.


The company's products have been developed to address the demand for cybersecurity solutions amidst a backdrop of rising cyber threats and evolving regulatory landscapes.   Securitybricks generates revenue primarily through partnerships and contractual agreements with government agencies and private organizations that require assistance with CMMC and FedRAMP compliance. Their business model typically involves offering subscription-based access to their various compliance accelerators and automated solutions, enabling clients to integrate these tools into their existing cybersecurity frameworks. The transaction structure entails long-term contracts that provide ongoing support and updates, ensuring that clients remain compliant with the latest regulations.


Specific pricing plans for their services are tailored to the individual needs of clients, with costs associated with the integration of their flagship products. This structured approach allows Securitybricks to maintain a steady stream of revenue while providing essential services to organizations navigating complex compliance challenges.   Following the acquisition by Aprio, LLP in December 2024, Securitybricks aims to enhance its cloud compliance and security solutions. The company plans to launch new product offerings, although specific details and release dates are not provided.


Expanding its market reach, Securitybricks targets growth in the federal and commercial sectors across the United States. The recent acquisition will support these initiatives by increasing resources and capabilities in compliance and security solutions.


Current Investors

Aprio, LLP

Primary Industry

IT Security/Cybersecurity

Sub Industries

IT Infrastructure, IT Security/Cybersecurity, Analytics & Performance Software, Application Integration Software

Website

www.securitybricks.io

Verticals

Cloud Computing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Securitybricks, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedSecuritybricks, Inc.-

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