White Ops

History

2020: Goldman Sachs purchased White Ops

At the end of December, 2020 Goldman Sachs Group in partnership with ClearSky Security Fund and NightDragon venture capital companies purchased a startup in the field of cyber security of White Ops. Purchase price is not disclosed.

According to Crunchbase, to the transaction of White Ops attracted $31 million investments, including at Goldman Sachs. Acquisition included purchase of other stocks from the previous investors of Paladin Capital Group and Grotech Ventures.

Goldman Sachs purchased cybersecurity company White Ops

The White Ops company founded in 2012 offers the services of cyber security of the corporate level intended for protection of the companies against digital fraud and abuses. The company states that its platform solves the main problems of cyber security using three specialized products: the system of integrity of applications which protects the websites and applications from digital fraud; the system of integrity of marketing intended for protection of investments into digital marketing; and the system of integrity of advertizing intended for protection of digital media and advertizing.

During COVID-19 pandemic more and more companies began to pass to digital technologies, and in 2020 the number of clients of White Ops grew by 40%. The company reported that it controls and protects more than 10 trillion interactions a week. Customers of White Ops are RSA Security, GumGum, Proctor & Gamble, Media.Net Advertising FZ-LLC and MediaMath. It is considered that the transaction with Goldman Sachs will help White Ops on the next stage of growth and will accelerate its entry into the new markets.

Goldman Sachs, ClearSky and NightDragon - ideal partners for the next stage of growth of the company in the different markets in different regions, - the cofounder and the chief executive officer of White Ops Tamer Hassan considers. - Their invariable support, a global network of relationship and market examination provide a strong basis for our development.[1]

Notes