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Goldman Sachs Invests $125M in Supply Chain Security Company Fortress

Goldman Sachs Invests $125M in Supply Chain Security Company Fortress - top government contractors - best government contracting event
Strategic investment

Goldman Sachs’ private equity arm has invested $125 million in Fortress Information Security, a software vendor that aims to help critical industries and government agencies secure supply chains.

Fortress said Tuesday it collaborated with multiple electric utilities to develop a platform that works to help operators manage the security of power infrastructure, national defense and manufacturing sector assets.

The technology company expects the capital it received from Goldman Sachs to drive the implementation of its supply chain resilience and security vision.

Peter Kassabov and Alex Santos, co-founders of Fortress, are among the cybersecurity firm’s current investors.

Fortress also seeks to help suppliers exchange asset information and intelligence data through the Asset-to-Vendor network.

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Written by Mary-Louise Hoffman

is a writer of news summaries about executive-level business activity in the government contracting sector. Her reports for ExecutiveBiz are focused on trends and events that drive the GovCon industry to include commercial technologies that private companies are developing for federal government use. She contributes news content to ExecutiveBiz’s sister sites GovCon Wire and ExecutiveGov.

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