White Ops, the digital fraud prevention platform, has been acquired by Goldman Sachs Merchant Banking Division, ClearSky Security, and NightDragon. The terms of the transaction were not disclosed. “Goldman Sachs, ClearSky, and NightDragon are ideal partners to support the next phase of the Company’s evolution and growth across multiple markets, use cases, and geographies,” said Tamer Hassan, CEO and Cofounder of White Ops. “Their continued support of our mission to disrupt the economics of cybercrime, global network of relationships, and market expertise provides a very strong foundation to execute on our vision to enable collective protection for the internet.”
Goldman Sachs, ClearSky, and NightDragon are ideal partners to support the next phase of the Company’s evolution and growth across multiple markets, use cases, and geographies. Their continued support of our mission to disrupt the economics of cybercrime, global network of relationships, and market expertise provides a very strong foundation to execute on our vision to enable collective protection for the internet. – Tamer Hassan, CEO and Cofounder of White Ops.
Founded by Ash Kalb, Dan Kaminsky, Michael Tiffany, and Hassan in 2012, White Ops had raised a total of $31M in reported equity funding with ClearSky and Goldman leading the company’s most recent round in May. Other investors in the company include Grotech Ventures, Paladin Capital Group, 11.2 Capital, Three Tree Ventures, and BON Capital Partners.
“We have been very pleased with the Company’s performance since our initial investment and we’re delighted to build on our current partnership, especially as White Ops continues to benefit from consumers’ shift to digital and clients increasingly require protection,” said Anthony Arnold, Managing Director at Goldman Sachs. “We look forward to supporting management in their next phase of growth.”
We have been very pleased with the Company’s performance since our initial investment and we’re delighted to build on our current partnership, especially as White Ops continues to benefit from consumers’ shift to digital and clients increasingly require protection. We look forward to supporting management in their next phase of growth. – Anthony Arnold