# QOMPLX

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/qomplx

- Industry: IT Security/Cybersecurity
- Headquarters: Tysons, US
- Website: www.qomplx.com
- Total disclosed funding: $79M
- Latest round: Series A (Feb 5, 2019)
- Investors on record: 2

## About

Based in the US, QOMPLX, Inc. is a cloud-native cybersecurity firm focused on Identity Threat Detection and Response, Privilege Assurance, and Managed Detection and Response, enhancing organizational security against cyber threats.QOMPLX, Inc. provides advanced cybersecurity solutions aimed at protecting organizations from identity-related cyber threats. Founded in 2015 in Tysons, US, the company has not undergone significant shifts in its operational model. The firm has raised USD 180 mn in PIPE funding from investors including Cannae Holdings, Fidelity Investments, Hedosophia, and RenaissanceRe Holdings Ltd. CEO Jason Crabtree leads the company, which has completed 2 funding deals, with the latest occurring on March 1, 2021.QOMPLX specializes in cybersecurity solutions, primarily focusing on Identity Threat Detection and Response (ITDR), Privilege Assurance, and Managed Detection and Response (MDR). Their ITDR system continuously validates identities to prevent network takeovers, addressing the 85% of cyber breaches that target Active Directory. QOMPLX's services assist organizations in managing cybersecurity risks effectively, catering to a diverse client base in sectors such as financial services, insurance, and legal, notably in North America and Europe. Their SaaS solutions enable clients to tackle cybersecurity challenges without needing an in-house Security Operations Center (SOC).QOMPLX operates on a subscription-based revenue model, offering tiered pricing plans for access to its cybersecurity services. This structure allows small to medium-sized businesses to utilize advanced security measures without substantial upfront costs. Services include a comprehensive suite of products such as ITDR and Managed Detection and Response, tailored to specific needs. The company's partnerships with various organizations further enhance its ability to deliver effective cybersecurity solutions to clients.In March 2021, QOMPLX, Inc. raised USD 180 mn in PIPE funding to support its future growth strategies, which include designing new products aimed at further enhancing cybersecurity measures. The company plans to expand its market presence, specifically targeting additional regions in North America and Europe, by the end of 2023. The recent funding will be utilized to bolster these initiatives and support the ongoing development of their offerings under the leadership of CEO Jason Crabtree.

## Funding rounds

- Series A, Feb 5, 2019, $79M — Motive Partners, Cannae Holdings

## Investors

- Motive Partners (https://capitalatlas.ai/funds/motive-partners) — Series A
- Cannae Holdings (https://capitalatlas.ai/funds/cannae-holdings) — Series A