Carbon Black is a leading provider of next-generation endpoint security, serving more than 4,000 customers globally, including 33 of the Fortune 100. As a cybersecurity innovator, Carbon Black has pioneered multiple endpoint security categories, including application control, endpoint detection and response (EDR), and next-generation antivirus (NGAV).
About Carbon Black
Leveraging its big data and analytics cloud platform – the Cb Predictive Security Cloud – Carbon Black solutions enable customers to defend against the most advanced cyber threats, including malware, ransomware, and non-malware attacks. Deployed via the cloud, on premise, or as a managed service, customers use Carbon Black solutions to lock down critical systems, hunt threats, and replace legacy antivirus.
In the summer of 2017, Carbon Black approached MRG Effitas as they had created a new ransomware protection feature in their product and wanted to showcase its quality, which they knew to be very high. They had a limited period of time in which to have the product authoritatively tested and to publish any resulting reports.
The Effitas team tested the relevant product – Cb Defense – in two different configurations: an online mode where the product was able to query the cloud and an offline mode where it was not. In both cases Cb Defense blocked against all 42 of the different ransomware families we deployed in the test, thus earning the MRG Effitas Certified Ransomware Protection badge.
“As a leading consultancy and testing house, MRG Effitas’ innovative approach makes them uniquely qualified to be growth-enablers for leading cybersecurity firms such as Carbon Black. Their insight is respected across the industry and we consider their endorsement valuable to our company, our cybersecurity solutions, and the market as a whole.”
Michael Viscuso, Carbon Black CTO and Co-Founder
Carbon Black completed its IPO on May 4, 2018, trading under the symbol “CBLK” on NASDAQ. Morgan Stanley and J.P. Morgan acted as joint book-running managers. The company cited this test in its statement of registration on the Security Exchange website.
We are increasingly being asked to consult independently with security vendors who have plans for expansion, and our efficacy assessments have long held considerable sway within our markets.
In this way, Effitas has the potential to work with VC firms and help facilitate growing firms’ efforts towards IPOs.