Peter Bellini invests in MSP Vulnerability Management, a security software company

Peter Bellini invests in MSP Vulnerability Management, a security software company

Peter Bellini, investor

Peter Bellini – A part of the household that launched, constructed and offered ConnectWise Spend money on ConnectSecure (previously CyberCNS), a vulnerability administration firm serving MSPs (Managed Info Know-how Service Suppliers), confirmed MSSP Alert.

CyberCNS was based in 2021 by Cisco and Microsoft veterans Srikant (Sri) Sreenivasan and Shiva Jagannathan. Greater than 1,200 MSPs run the corporate’s software program – a single platform that gives visibility, safety, and administration capabilities. Contains early defenders SnapTechIT CEO Karl Bickmore and Internet Founder Andrew Morgan.

ConnectSecure is within the technique of rebranding from CyberCNS. Deeper particulars of the model are anticipated in December 2022.

Peter Bellini focuses on the MSP safety platform

Earlier than the rebranding, Bellini purchased a 50 % stake within the enterprise. Phrases of valuation of the deal weren’t disclosed. This funding will permit ConnectSecure to “gasoline its continued development as the corporate continues to give attention to cybersecurity, compliance, and the event of safety practices for service suppliers working with small and medium-sized companies,” in response to a press release from the corporate.

Among the many latest enterprise milestones: The corporate was awarded Service Group Management (SOC) 2 certification after a “thorough” safety audit.

In a ready assertion concerning the funding, Peter Bellini stated:

CyberCNS focuses purely on the cybersecurity of superior service suppliers at a time when cyber assaults have grown on a large scale, costing companies trillions of {dollars} yearly. Sri and Shiva realized there was an enormous void in what was out there to assist MSPs establish and deal with weaknesses and constructed a complete answer. I am excited to be a part of the corporate’s subsequent part.”

Jaganathan added:

“Offering a high-quality safety product at an inexpensive value is our precedence. Our SOC 2 certification demonstrates our continued dedication to our MSP companions who’re on the entrance traces of defending SMBs from essentially the most widespread and sophisticated cyber assaults. The identify change underscores our give attention to cybersecurity and the corporate’s evolution from throughout Peter’s funding.

Sreenivasan concluded:

“As a way to serve this market successfully, we really feel we’ve got to have the ability to win every particular person consumer’s enterprise every month – we thrive after they thrive and that occurs once we meet their wants. Being a part of a household that helped develop the MSP business, Peter shared the identical imaginative and prescient, so it was very simple for us to get collectively.”

Increasing the Bellini household legacy

That is the newest in a rising checklist of MSP software program firms backed by the Bellini household. Peter’s father (Arnie Bellini) and uncle (David Bellini) had beforehand divorced, constructed and offered ConnectWisean IT and enterprise administration automation software program supplier now backed by a personal fairness agency thoma bravo. The sale of ConnectWise to Thoma Bravo created greater than 70 ConnectWise millionaires – and Peter Bellini was certainly one of them.

Father Arne Bellini now owns a variety of investments throughout the IT sector, and likewise focuses his time on environmental, social, and philanthropic points all through the Tampa, Florida space. In the meantime, Uncle David Bellini is CEO CyberFoxa fast-growing cybersecurity startup in Tampa.

Subsequent, ConnectSecure plans to increase its workplace operations from British Columbia, Canada to Tampa, Florida. The product growth remains to be based mostly in Bengaluru, India. Additionally, regulate Peter Bellini’s efforts to assist shut the cyber expertise void. It seems like a few of the Tampa-area e-scholarship efforts could also be fermenting…

#Peter #Bellini #invests #MSP #Vulnerability #Administration #safety #software program #firm

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