Why We Invested in ContraForce

At GALLOS Technologies, we’re committed to investing in and building great security companies. Our mission is to identify and support solutions that address real-world security challenges, particularly in the realm of security operations. That’s why we’re excited to announce our investment in ContraForce, a company that is revolutionising how managed security services are delivered. 

The Challenge: Scaling Managed Security Services 

Demand for managed security services is skyrocketing, with the market estimated at $400-500 billion. Yet current solutions only cover a fraction of this demand due to a shortage of qualified cybersecurity professionals and appropriately priced solutions. This gap is where ContraForce delivers critical value. 

ContraForce: Automating Security Operations 

Founded in 2021, ContraForce has developed a groundbreaking Security Service Delivery Platform (SSDP) that addresses these challenges head-on. Using proprietary AI and hyper-automation, their platform reduces the time and security expertise needed to manage essential tools like Microsoft Sentinel, Microsoft Defender, and other SIEM and EDR solutions. 

What sets ContraForce apart is their ability to automate the majority of incident investigation and remediation workflows while keeping critical decisions in the hands of security analyst teams. This balance not only enhances efficiency but also enables rapid scaling of managed security services. 

Why We’re Excited 

As a former CEO of a managed security services provider, I personally understand the challenges faced by the industry. ContraForce’s solution has the potential to transform the market in several key ways: 

• Efficiency: ContraForce lets service providers onboard and manage multiple clients and security tools instantly through one dashboard, drastically reducing setup time. 
• Scalability: Routine task automation allows providers to grow revenues and improve margins without adding staff.
• Better Outcomes: AI-driven insights improve threat detection speed and accuracy, providing clients with stronger, faster security. 
• Market Expansion: By bridging the skills gap , ContraForce expands opportunities to serve a much larger portion of the potential market. 

The company has shown impressive growth, with annual recurring revenue increasing by 400% over the past 12 months. They’ve also gained recognition from industry leaders, including being named the Microsoft Intelligent Security Association (MISA) 2024 Security ISV of the Year at RSA, and as a finalist for the SC Awards for Most Promising Startup and the Top Infosec Innovator Awards. 

At GALLOS, we’re focused on creating meaningful  value for our investments— what we call the “GALLOS Effect.” For ContraForce, that means being a force multiplier in helping the company with its go-to-market strategy, customer introductions, and exploring new ways to expand their reach and capabilities. 

With this investment, ContraForce is poised to accelerate the release of new product features and expand their sales and marketing efforts. We are thrilled to be part of this journey, knowing their approach to automated and scalable managed security services is not just innovative, but essential. We believe their solution can reshape the industry, making robust cybersecurity more accessible to businesses of every size.  

We’re proud to partner with ContraForce as they transform managed security services, and we’re excited to support their next stage of growth and innovation.

Read the funding announcement here.