# BlueCat Networks

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bluecat-networks

- Industry: IT Security/Cybersecurity
- Headquarters: Toronto, Canada
- Website: www.bluecatnetworks.com
- Total disclosed funding: $28M
- Latest round: Series B (Jul 21, 2011)
- Investors on record: 3

## About

Based in Ontario, Canada, and founded in 2001 by Micheal Hyatt, and Richard Hyatt, BlueCat Networks, Inc., a.k.a. BlueCat operates as a provider of domain name system (DNS) security servers, dynamic host configuration protocol (DHCP) servers, and web-based IP Address Management (IPAM) solutions. In June 2022, Audax Group agreed to acquire a controlling stake in BlueCat Networks, Inc. from Madison Dearborn Partners. The transaction values the company at approximately USD 700 million. As of May 2023, Stephen Devito is the CEO of the company.

The company provides solutions related to core network services, hybrid cloud management, network automation, and network security. BlueCat’s services include DNS, DHCP, and IPAM (DDI) management, which increase network resilience, minimize downtime, and deliver a seamless network experience. The firm’s DNS security solutions offer visibility and control over DNS traffic, helping organizations reduce risks, detect threats, and meet compliance standards. In addition, the company offers professional services like design and architecture, migration, and support services.

## Funding rounds

- Series B, Jul 21, 2011, $17M — Trident Capital
- Series A, Oct 27, 2009, $11M — Bridgescale, TD Capital Ventures

## Investors

- Bridgescale (https://capitalatlas.ai/funds/bridgescale) — Series A
- TD Capital Ventures (https://capitalatlas.ai/funds/td-capital-ventures) — Series A
- Trident Capital (https://capitalatlas.ai/funds/trident-capital) — Series B