Glasswall announced a strategic growth investment from PSG Equity, a leading provider of intelligent zero-trust file protection solutions in the business-to-government (B2G) and business-to-business (B2B) sectors. With its Content Disarm and Reconstruction (CDR) technology, Glasswall helps protect organizations by proactively rebuilding files to eliminate risks such as malware and ransomware.
The company’s zero-trust cybersecurity solutions are used by government intelligence, defense, critical infrastructure, and financial services clients worldwide. With PSG Equity’s support, Glasswall will seek to accelerate innovation, expand its product offering, and strengthen its global footprint across B2G and B2B.
IPGL first backed Glasswall in 2019 and invested further in 2020. It will remain a significant shareholder alongside PSG Equity.
The closing of the deal is subject to customary regulatory approvals.
KEY QUOTES:
“The need for zero-trust file protection solutions is increasing rapidly and we are thrilled to partner with the team at PSG Equity to help us meet that demand, and drive innovation in this sector. PSG Equity’s seasoned expertise in scaling companies will allow us to expand our zero-trust product offering, better serve our high-profile customer base and support our strategic technology partners across the US, UK and other core markets.”
Danny Lopez, CEO of Glasswall
“Glasswall has developed a critical and industry-leading solution that addresses the growing cybersecurity demands of governments and other high-risk environments. We are excited to partner with the Glasswall team as they scale their impact, accelerate innovation, and expand across government, critical infrastructure and a wider range of industries.
Christian Stein, Managing Director at PSG Equity
“We are delighted to be a part of Glasswall’s continued success alongside PSG Equity, and look forward to the company’s next phase of growth at a time when robust and trusted cybersecurity solutions are more important than ever.”
Lord Michael Spencer, Chairman of IPGL
