// startup autopsy
Accuvant
Cybersecurity powerhouse merged into a billion-dollar consolidation play
acquisition gone wrongFire Sale
Distressed acquisition below last-round valuation · Fatal mistake: Accuvant's growth as a pure-play cybersecurity integrator hit a ceiling as enterprise clients demanded more comprehensive managed security services at scale.
| Founded | 2002 |
|---|---|
| Closed | 2015 |
| Country | USA |
| Sector | Cybersecurity |
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Key Events Timeline
FOUNDING
Accuvant founded in Denver to provide cybersecurity consulting and technology integration to enterprise clients.
FUNDING
Accuvant closes a funding round as it accelerates growth and positions for a major strategic transaction.
PRODUCT LAUNCH
Accuvant expands its managed security services portfolio to compete with larger IT service providers entering cybersecurity.
ACQUISITION ATTEMPT
Accuvant and FishNet Security announce merger to form Optiv Security, backed by Blackstone Group at a $1B+ valuation.
SHUTDOWN
Accuvant brand retired as Optiv Security launches, absorbing all operations, staff, and client relationships.