The round was led by major industry investor Bain Capital Tech Opportunities and included Accel. They were joined existing investors including Adelphi Capital Partners, Telecom Ventures, Pelican Ventures and WP Global Partners.
Among other services, Blackpoint provides MDR (managed detection and response) and other technology to MSPs and offers a cyber insurance solution.
From their web site: “Now, you can mitigate that liability with Blackpoint RISK; cyber liability insurance created by Blackpoint specifically for you, our trusted partners and MSPs, and your most valuable customers. When paired with Blackpoint’s true 24/7 MDR solution you get a one-two knockout combo: real security and effective cyber insurance.”