Glasswall, an industry-leading provider of intelligent zero-trust file protection solutions in both the business-to-government (B2G), and business-to-business (B2B) sectors, today announced a strategic growth investment from PSG Equity, a leading growth equity firm that specializes in partnering with software and technology-enabled services companies to drive transformational growth.
Using its patented Content Disarm and Reconstruction (CDR) technology, Glasswall helps to protect organizations by proactively rebuilding files to eliminate risks such as malware and ransomware. Its zero-trust cybersecurity solutions are used by government intelligence, defense, critical infrastructure and financial services clients around the world. With PSG Equity’s support, Glasswall will seek to accelerate innovation, expand its product offering and strengthen its global footprint across B2G and B2B.
As the volume of data file transfer surges – alongside cloud adoption and evolving threat vectors – organizations are increasingly turning to advanced CDR solutions. Industry-wide moves towards zero-trust architectures, driven by new security directives, are accelerating this shift.
IPGL first backed Glasswall in 2019, invested further in 2020, and will remain a significant shareholder alongside PSG Equity.
Closing of the transaction is subject to customary regulatory approvals.
