LLR Partners has bought cybersecurity company BluVector from Northrop Grumman Corp. (NYSE: NOC) for an undisclosed amount. LLR has committed $50 million, the combined total of the acquisition price and a growth capital investment, to BluVector.
BluVector develops machine-learning software that detects and hunts cyber-threats, all while reducing response times. The target’s technology enables security operations center analysts and incident response teams to gather insight on threats in real time. BluVector, based in McLean, Virginia, is designed to operate within an organization’s security team. As part of the deal, the target will now operate as a standalone business led by CEO Kris Lovejoy.