Comcast just bought this cybersecurity firm from LLR Partners - Technical.ly Philly

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Mar. 5, 2019 11:44 am

Comcast just bought this cybersecurity firm from LLR Partners

BluVector uses artificial intelligence and machine learning to protect companies and government agencies from cyber threats.
BluVector is now a Comcast company.

BluVector is now a Comcast company.

(Courtesy photo)

Comcast announced Monday it acquired Arlington, Va.-based BluVector, makers of a cybersecurity platform for companies and government agencies, from Philly-based private equity firm LLR Partners.

No financial details were released from the sale to Comcast, though two years ago LLR Partners committed $50 million in funding into BluVector, as it acquired the company from aerospace and defense tech giant Northrop Grumman.

“BluVector is a global leader in leveraging AI and machine learning to defend against advanced cyber threats,” said Don Mathis, general manager of growth at Comcast. “We’re thrilled that BluVector is part of Comcast and are excited to support its continued growth, even as we explore new opportunities to leverage BluVector technology and expertise.”

Emails and calls to Comcast and LLR Partners inquiring about the transaction were not immediately responded.

As part of the move, Comcast appointed Eric Malawer as CEO of BluVector. Malawer, an experienced exec and founder who’s been with Comcast for two years, was general manager of security growth and innovation, and spearheaded Comcast’s AI and data strategy prior to that.

Our sister site Technical.ly DC has more details.

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Companies: Comcast, LLR Partners
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