Boxphish Bolsters Cybersecurity Offerings with Trillion Acquisition
Deal News | Dec 03, 2024 | Business Cloud
Boxphish, a Leeds-based human risk management platform, has broadened its cybersecurity capabilities by acquiring Trillion, a threat intelligence service that tracks credentials on the dark web. This acquisition complements Boxphish's existing services, which include cybersecurity training, phishing simulations, and analytics, by introducing dark web monitoring. The move enables Boxphish to provide customers with enhanced visibility and risk management tools against cyber threats. Founded in 2020, Boxphish is rapidly expanding its customer base and product offerings. BGF recently invested £3.25 million in Boxphish, highlighting confidence in its growth trajectory. Trillion, previously owned by Crossword, will continue servicing customers like Leeds United FC and New College Worcester under Boxphish's ownership. Crosswords CEO, Stuart Jubb, supports the transition, ensuring uninterrupted service and long-term security for existing customers.
Sectors
- Cybersecurity
- Technology
Geography
- United Kingdom – Boxphish is headquartered in Leeds, UK and both Boxphish and Trillion service customers within the UK market, making this the focus geography for the article.
Industry
- Cybersecurity – Boxphish operates in the cybersecurity industry, offering products and services to protect organizations from cyber threats, which is underscored by the acquisition of Trillion, a dark web monitoring service.
- Technology – Boxphish and Trillion both provide technological solutions aimed at enhancing cybersecurity risk management, positioning them within the broader technology industry.
Financials
- 3.25 million – The amount invested by BGF into Boxphish in April to aid its growth and development.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Boxphish | Acquirer | Company | Leeds-based cybersecurity company focusing on human risk management, founded in 2020. It offers cybersecurity training, phishing simulations, and data analytics. |
| Trillion | Target | Company | A threat intelligence service that tracks credentials on the dark web to protect organizations from cyber threats. |
| Crossword | Vendor | Company | The previous owner of Trillion, responsible for the technology until its acquisition by Boxphish. |
| BGF | Investor | Company | An investor that recently backed Boxphish with a £3.25 million investment to support its growth and expansion. |
| Leeds United FC | Customer | Company | A shared customer of Boxphish and Trillion, indicating the ongoing customer base post-acquisition. |
| New College Worcester | Customer | Company | Another shared customer ensuring continuity of service and protection under Boxphish's portfolio. |