BEW Global Secures Substantial Investment From Frontier Capital
Funding to Support Continued Growth of Industry-Leading Managed Security Service Provider
GREENWOOD VILLAGE, Colo., July 22, 2014-- BEW Global, an internationally recognized leader in data loss prevention (DLP) managed security services and critical asset protection, announced that it has received investment funding from Frontier Capital, a leading growth equity firm. The infusion of additional funding will help continue BEW's rapid growth and strengthen its security solution portfolio.
"We are thrilled with the partnership with Frontier Capital," said BEW Global president and co-founder Rob Eggebrecht. "Recent high profile data breaches continue to highlight the need for a new approach to securing critical assets. Their investment and strategic insight will provide us with the additional resources needed to support the growth of the company and support organizations looking to secure their intellectual property and other critical assets beyond traditional methods."
BEW Global has seen double-digit growth over the past several years as the need for content aware security solutions has continued to increase. Due to today's persistent and continuously evolving threats, organizations are moving beyond perimeter-only security to utilize solutions that are able to protect data from its creation through its storage, usage and transmission. Core to BEW Global's offerings is its innovative security operations center pod structure, which provides a team of dedicated resources to support a client's security program as opposed to the traditional tiered model that other managed security service providers utilize.
"BEW's strong growth, coupled with a quality management team dedicated to providing innovative information security solutions to their clients, makes BEW a perfect fit with our investment strategy. Our investment will enable BEW to expand its services to meet the ever-growing security needs of organizations," said Joel Lanik, partner, Frontier.
About BEW Global
BEW Global is an internationally recognized leader in data and critical asset protection. With a focus on data loss prevention (DLP), the company provides global 24/7 managed security services for organizations looking to protect business-critical information. BEW also provides consulting and technical services in addition to incident response, global data privacy and workplace monitoring, and policy development and translation services in more than 100 countries. BEW also holds ISO 27001 certification for internal information technology operations. Visit www.bewglobal.com for more information.
About Frontier Capital
Frontier Capital is a Charlotte-based growth equity firm focused exclusively on software and technology enabled business services companies. Founded in 1999, Frontier partners with management teams that can benefit from capital to accelerate growth, fund acquisitions or generate shareholder liquidity. We make minority and majority equity investments in high growth companies and have built an excellent track record of delivering returns to both our investors and management partners. www.FrontierCapital.com.
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