CounterTack Makes Play As Competition in Endpoint Security Heats Up

Major cybersecurity breaches are back in the news and so are the companies trying to protect against them.

One of those companies is Waltham, MA-based CounterTack, which today announced it has acquired ManTech Cyber Solutions International, the software division of Virginia-based ManTech International (NASDAQ:[[ticker:MANT]]). Terms of the deal were not disclosed, and it might not be a conventional acquisition, as a release said ManTech has made an equity investment in CounterTack and will become a global distributor.

CounterTack is one of many security startups focusing on endpoint protection for enterprise customers. In June, CounterTack announced it raised a $15 million Series C round from investors including Goldman Sachs, Siemens Venture Partners, and TenEleven Ventures. That brought the total raised by the company to nearly $50 million.

CounterTack isn’t alone in its market, and earlier this week competitor CrowdStrike announced it had raised a $100 million Series C round led by Google Capital, Rackspace, and Accel Partners.

CounterTack was started in 2004 and moved its headquarters from Virginia to the Boston area in 2011.

Author: Michael Davidson

Michael Davidson is an award-winning journalist whose career as a business reporter has taken him from the garages of aspiring inventors to assembly centers for billion-dollar satellites. Most recently, Michael covered startups, venture capital, IT, cleantech, aerospace, and telecoms for Xconomy and, before that, for the Boulder County Business Report. Before switching to business journalism, Michael covered politics and the Colorado Legislature for the Colorado Springs Gazette and the government, police and crime beats for the Broomfield Enterprise, a paper in suburban Denver. He also worked for the Boulder Daily Camera, and his stories have appeared in the Denver Post and Rocky Mountain News. Career highlights include an award from the Colorado Press Association, doing barrel rolls in a vintage fighter jet and learning far more about public records than is healthy. Michael started his career as a copy editor for the Colorado Springs Gazette's sports desk. Michael has a bachelor’s degree in English from the University of Michigan.