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- Blue Planet-works
Blue Planet-works Funding, Investors & Competitors
Blue Planet-works has raised $134M across 4 funding rounds, most recently a $3M strategic investment round in September 2020.
Last Blue Planet-works funding round
$3M
Strategic investment · Sep 2020
Cumulative funding Blue Planet-works raised
$134M
across 4 funding rounds
Key investors in Blue Planet-works
Smartvalue Co
Daiichi Life Group
Dentsu
JTB Corp.
Mori Trust
ANA Holdings
Sompo Japan Nipponkoa Insurance
International Services Information Dentsu
About Blue Planet-works
Blue Planet-works is a Japanese cybersecurity company, formerly known as KeepTree, established in 2017. It provides endpoint protection software built on its AppGuard technology platform, acquired from Blue Ridge Networks, under a stated mission of safety for the connected world. The company has applied its technology to areas including IoT and mobility platforms, working with partners in sectors such as automotive.
Founded
2017
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Blue Planet-works Funding History
Blue Planet-works has raised a total of $134M across 4 funding rounds.
Blue Planet-works' first fundraising round was a $99M undisclosed-stage round in July 2018. The most recent completed round was a $3M strategic investment round in September 2020.
Blue Planet-works funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Sep 2020 | Strategic investment | Fuji Xerox (lead) | $3M | Blue Planet-works develops technology solutions, having raised a total of $116.64M across 6 funding rounds from 17 investors. On September 25, 2020, the company completed a corporate minority round with Fujifilm Business Innovation (Fuji Xerox). This followed a Series C round on September 2, 2019, led by MORI TRUST. |
| Sep 2019 | Series C | Smartvalue Co; Taiyo Oil; Uchida Yoko; DRS; Mori Trust | $21M | Blue Planet-works, Inc., formerly known as KeepTree and established in April 2017, provides cybersecurity software acquired from Blue Ridge Networks, Inc.. The company has raised a total of $116.64M across 6 funding rounds from 17 investors. A funding round on 9/2/2019 matches the approximate date and includes investor DRS Company among others like Taiyo Oil Company, MORI TRUST, Fujifilm Business Innovation, and Japan Hospital Mutual Aid Association. |
| Jan 2019 | Series A | Smartvalue Co (lead) | $11M | Blue Planet-works is a Japanese cybersecurity company providing products and services based on its AppGuard technology platform, with the vision "Safety for the Connected World." The company completed its third round of capital increase by August 2019, which included an investment from JJP Investment Limited Partnership in January 2019. As part of the broader round, the company raised funds from multiple investors including DRS Company Limited, Taiyo Oil Company, UCHIDA YOKO CO., LTD., and MORI TRUST CO., LTD. between July and August 2019. The company planned to use these funds to accelerate engineer recruitment and expand business operations, with a particular focus on introducing cybersecurity solutions to platforms like the Kurumatsunagu Platform, an IoT platform for mobility. |
| Jul 2018 | Undisclosed stage | Daiko Xtech; JTB Corp.; International Services Information Dentsu; Yoshimoto Investment; PCG Holdings; Faith; Daiichi Life Group; ANA Holdings; Sompo Japan Nipponkoa Insurance; Dentsu | $99M | - |
Who has invested in Blue Planet-works?
16 investors have backed Blue Planet-works across its funding rounds, including Smartvalue Co, Daiichi Life Group, Dentsu, JTB Corp., Mori Trust and ANA Holdings.
Lead investors include Fuji Xerox and Smartvalue Co.
Blue Planet-works Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Jan 2019 | ||
| 1 | Participant | Jul 2018 | ||
| 1 | Participant | Jul 2018 | ||
| 1 | Participant | Jul 2018 | ||
| 1 | Participant | Jul 2018 | ||
| 1 | Participant | Jul 2018 | ||
| 1 | Participant | Jul 2018 | ||
| 1 | Participant | Jul 2018 | ||
| 1 | Participant | Sep 2019 | ||
| 1 | Participant | Sep 2019 | ||
| 1 | Lead | Sep 2020 | ||
| 1 | Participant | Jul 2018 | ||
| 1 | Participant | Jul 2018 | ||
This data is available for Pro users. Sign up to see all 16 Blue Planet-works investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialInvestments by Blue Planet-works
Blue Planet-works has invested in 1 company to date.
Latest investment by Blue Planet-works was on July 31st 2017. Blue Planet-works invested in AppGuard in their $50M Series A round.
Latest Investments by Blue Planet-works
| Description | AppGuard is a cybersecurity solution protecting Windows systems from advanced threats like fileless malware, ransomware, and in-memory attacks. Compatible with Windows XP through 10 and Server 2008 R2 onward, it blocks exploits at initial stages using application whitelisting and behavior controls. AppGuard generates Indicators of Attack alerts without performance impact. |
| HQ Country | |
| HQ City | New York City, NY |
| Deal Date | 31 Jul 2017 |
| Round | Series A |
| Raised | $50M |
| Investors | ANA Holdings |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Blue Planet-works investments and their VC round multiples. Start Free Trial | |
Blue Planet-works Competitors
Blue Planet-works competitors include listed companies like Palo Alto Networks, CrowdStrike, IBM and Fortinet, and private ones like Safe Superintelligence and Cyera.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $11B | $1B | $307B | 25.9x | ||
| Publicly listed | $4.8B | ($12M) | $252B | 44.5x | ||
| Publicly listed | $68B | $17B | $224B | 4.0x | ||
| Publicly listed | $6.8B | $2.3B | $127B | 15.9x | ||
| Private | - | - | $32B | - | ||
| Private | $150M | - | $12B | 80.0x |
Blue Planet-works Public Comps
Blue Planet-works is still privately-owned, but its public comps include Palo Alto Networks, CrowdStrike, IBM, Fortinet, Cloudflare, Okta, Zscaler, F5, Rubrik and Gen Digital.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $11B | $1B | 26.7x | 25.9x | 301.1x | 76.9x | |||
| $4.8B | ($12M) | 51.4x | 44.5x | (19816.2x) | 151.0x | |||
| $68B | $17B | 4.2x | 4.0x | 16.9x | 14.6x | |||
| $6.8B | $2.3B | 18.1x | 15.9x | 53.7x | 41.9x | |||
| $2.2B | ($25M) | 54.6x | 44.3x | (4653.4x) | 185.1x | |||
| $2.9B | $245M | 10.6x | 10.0x | 126.4x | 36.4x | |||
| $3.4B | $42M | 9.1x | 8.9x | 721.8x | 32.5x | |||
| $3.1B | $901M | 7.5x | 6.9x | 25.8x | 18.3x | |||
This data is available for Pro users. Sign up to see all Blue Planet-works competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Blue Planet-works
| When was Blue Planet-works founded? | Blue Planet-works was founded in 2017. |
| Where is Blue Planet-works headquartered? | Blue Planet-works is headquartered in Tokyo, Japan. |
| Is Blue Planet-works publicly listed? | No, Blue Planet-works is a private, VC-backed company. |
| How much funding has Blue Planet-works raised? | Blue Planet-works has raised $134M across 4 funding rounds. |
| What was Blue Planet-works' last funding round? | Blue Planet-works' last funding round was a $3M strategic investment round in September 2020, led by Fuji Xerox. |
| Who are Blue Planet-works' investors? | Blue Planet-works' investors include Smartvalue Co, Daiko Xtech, JTB Corp., International Services Information Dentsu, Yoshimoto Investment, PCG Holdings, Faith, Daiichi Life Group, Taiyo Oil, Uchida Yoko and 6 others. |
| Which companies are comparable to Blue Planet-works? | Companies comparable to Blue Planet-works include Palo Alto Networks, CrowdStrike, IBM, Fortinet, Safe Superintelligence and Cyera. |
| How many companies has Blue Planet-works invested in? | Blue Planet-works has invested in 1 company, including AppGuard. |
| What was Blue Planet-works' last investment? | In July 2017, Blue Planet-works invested in AppGuard's $50M Series A alongside ANA Holdings. |
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