Cybersecurity Funding

Payment and Data Security Firm Bluefin Raises $25 Million

Payment and data security solutions provider Bluefin on Wednesday announced it has raised $25 million in growth financing.

Ionut Arghire

October 28, 2020

Payment and data security solutions provider Bluefin on Wednesday announced it has raised $25 million in growth financing.

Founded in 2007 and headquartered in Atlanta, the privately-owned company focuses on providing protection for point-of-sale (POS) and online transactions. The company’s portfolio includes PCI-validated point-to-point encryption (P2PE) products, along with tokenization and iFrame solutions.

In addition to securing payments, the company also focuses on protecting personally identifiable information (PII) and protected health information (PHI). Bluefin claims it can secure data in transit and in storage.

The funding round was led by Macquarie Capital Principal Finance, a division of Macquarie Group Limited. Bluefin’s current investors are Napier Park Global Capital and Camden Partners.

“Bluefin is dedicated to remaining at the forefront of technology and solution development in the fight against breaches and cyberattacks. Our partnership with Macquarie will enable Bluefin to not only introduce more solutions to protect Ecommerce, online and point-of-sale transactions, but also to make these solutions available globally through our extensive partner network and Bluefin’s products. We look forward to leveraging Macquarie’s deep financial and global expertise in this next phase of company growth,” Bluefin CEO John M. Perry said.

Written By Ionut Arghire

Ionut Arghire is an international correspondent for SecurityWeek.

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