“I think of it as an entrepreneurial way to be in a global market as a leader on day one with one of the biggest partners in the world.”
Bob McCullen
Chairman and CEO
LevelBlue
… on the company’s launch in May, via CRN
When Dallas-based LevelBlue spun out from AT&T Cybersecurity in May, it wasn’t your typical startup. As Bob McCullen, LevelBlue’s chairman and CEO, told IT industry publication CRN, the new company launched as one of the largest startups in the cybersecurity industry to date.
With more than 1,000 employees globally and tens of thousands of customers coming over from AT&T, the new company hit the ground running, the publication reported. “We really want to be that hub in the security industry [for] providing really advanced cyber solutions,” McCullen said.
The joint venture between AT&T and private equity firm WillJam Ventures offers global managed security services, cybersecurity consulting, threat intelligence, and security operations center support. AT&T retains a minority ownership stake and board representation in the new entity.
LevelBlue’s rapid ascent to industry leadership was evident yesterday when the company’s research arm, LevelBlue Labs, identified a new malware loader called “SquidLoader.” The sophisticated threat, targeting Chinese-speaking victims, uses advanced techniques to avoid detection and analysis.
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