CYBERSECURITY FIRM ASCENT SOLUTIONS RAISES INVESTMENT TO SUPPORT EXPONENTIAL GROWTH

CYBERSECURITY FIRM ASCENT SOLUTIONS RAISES INVESTMENT TO SUPPORT EXPONENTIAL GROWTH


MINNEAPOLIS, May 18, 2022 / PRNewswire / – Cybersecurity services firm Ascent Solutions secures RunTide Capital’s investment to support its explosive growth in the cybersecurity services industry.

Ascent offers a comprehensive portfolio of cybersecurity services that includes advice, technology deployments, incident response, and managed security. Ascent’s managed security services take advantage of a Security Operations Center (SOC) team of analysts 24 hours a day, 7 days a week, using incident response tactics and tools. threats and identity to mitigate threats.

“Ascent’s vision is clear: we will save the world from a cybersecurity perspective,” said JD Harris, CEO. “Our approach is also clear. The entire Ascent team has an incredible passion for keeping businesses and people safe. The RunTide team felt and understood the passion deeply rooted in the culture of Ascent. While Ascent challenged the growing market significantly during Covid, It was clear that RunTide was the partner to accelerate this growth.Combining the power of Ascent’s cybersecurity skills and RunTide’s history of supporting fast-growing businesses, I can see that our vision is coming true. “

Today, Ascent is a Microsoft Gold Certified Advisor for more than 300 top-tier organizations, including more than 50 Fortune 500 companies and five Fortune 50 companies. Ascent also consolidates Microsoft Security tools and experience by partnering with Microsoft. to manage customer security needs, compliance requirements, and change management. From an initial headquarters in Minneapolisthe company’s cybersecurity consultants have quickly become a national team to meet rising demand.

Robert ManningRunTide partner commented: “Today, cybersecurity is critical to the mission and at the forefront of companies’ technology needs. RunTide is pleased to partner with JD and Ascent to help the company continue to grow rapidly. We believe in JD ‘s vision and that Ascent will continue to be a forerunner of this vitality.

With cybersecurity it has 600,000 open jobs the United States and more than four million worldwide, the rise in cyber attacks threatens cross-sectoral businesses, fueling the rapid growth of the outsourced market for managed security service providers (MSSPs). The global managed security services market is expected to grow at a CAGR of 15.2%. $ 64.7 billion for 2025 according to Mordor Intelligence. Ascent will aggressively channel funds to accelerate its development of in-house experts, the recruitment of the next generation of cybernetics, and new plans on how to aggressively close the global talent gap. DA Davidson & Co. served as Ascent Solutions ’exclusive financial advisor.

About the promotion:
Ascent is the partner for solving the most difficult cybersecurity issues. The company is designed to evolve the position of cybersecurity, modernize Microsoft solutions, and manage entire security ecosystems. With ever-advancing capabilities, including incident response and CMMC, Ascent provides organizations with the consulting expertise and operational experience needed to build a safer tomorrow. For more information visit www.meetascent.com.

About RunTide Capital:
RunTide Capital is a privately held company focused on creating growth companies with technology. The founding partners are experienced investors with deep operational experience, who have begun their careers as C-level founders and executives of high-growth technology companies. For more information, visit www.runtidecapital.com.

Contact

Addalai Nowlin, Basic Services Partner, Ascent Solutions,
[email protected]

FONT Ascent Solutions LLC



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