STOCK TITAN

CyberWire and CyberVista Merge: B2B Audio News Leader and Online Education Innovator Form the World's First "News to Knowledge" Network

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Rhea-AI Summary

On October 26, 2022, CyberWire and CyberVista announced their merger to establish N2K Networks, a pioneering "news to knowledge" platform in cybersecurity. The merger aims to enhance workforce resilience and expand into new markets. N2K Networks secured $5.4 million in Series A funding led by Graham Holdings Company. Peter Kilpe will serve as CEO, while Simone Petrella will be President of both CyberWire and CyberVista. This strategic combination targets the cyber skills gap and aims to provide essential training and resources for industry professionals.

Positive
  • Formation of N2K Networks enhances market presence.
  • Secured $5.4 million in Series A funding to support growth.
  • Strategic merger addresses the cybersecurity skills gap effectively.
Negative
  • None.

FULTON, Md., Oct. 26, 2022 /PRNewswire/ -- CyberWire, the world's leading B2B cybersecurity audio network, and CyberVista, an industry leader in data-driven cybersecurity training, today announced a strategic merger to form a new parent company, N2K Networks, the world's first "news to knowledge" network.

N2K Networks will focus on expanding the company's technology platform to enable development of more resilient enterprise cyber workforces, to pioneer new markets, and to create original "news to knowledge" audio brands. Peter Kilpe, CEO of CyberWire, will become chief executive officer of N2K Networks; and Simone Petrella, CEO of CyberVista, will lead CyberVista and CyberWire as president.

In conjunction with the merger, N2K also announced today a successful $5.4 Million Series A funding round led by Graham Holdings Company, with participation by DataTribe. The merger of these two cybersecurity leaders will create powerful new opportunities for professionals to keep abreast of the latest developments in their industry, climb the knowledge curve quickly, and stay ahead in a continuously changing world.

"One of the critical insights we gained about our business since we launched back in 2016 is that individuals and enterprises weren't just listening to the CyberWire to keep up on the latest news—they were listening to learn. And over time, we became an integral part of people's professional lives and essential to how they do their jobs," said Peter Kilpe, CEO of N2K. "That's 'news to knowledge,' and we're excited to lean in on this idea."

"I've experienced the cyber skills shortage first-hand building teams in the intelligence and national security community. Our goal is to tackle the skills gap in a way that actually solves the needs of the cyber community and builds more resilient workforces and organizations," said Simone Petrella, the company's President. "Joining forces with CyberWire is realizing that vision. Combining education and media is an exciting and cutting edge approach to give talent the skills and knowledge needed to be effective in a constantly changing cyber threat environment."

"Simone and Peter have each built businesses that provide cybersecurity solutions to the market around news, education, and workforce training. By combining these businesses, we believe we are able to offer solutions to employers across the full stack of their needs," said Timothy O'Shaughnessy, President and CEO of Graham Holdings Company. "We're excited to see what the teams can accomplish together."

For media inquiries, please contact us at press@n2knetworks.com.

About N2K Networks

The news to knowledge network is how you succeed in a rapidly changing world. Our flagship brands include CyberWire, the world's leading B2B cybersecurity audio network, and CyberVista, an industry leader in data-driven cybersecurity training. As industries rapidly change, we help professionals and enterprises succeed by getting them up the knowledge curve fast and keeping them there. Our business is to ensure you stay in the know through the continuous spectrum of news to knowledge. Learn more at N2Knetworks.com.

About The CyberWire

The CyberWire gets people up to speed quickly on cybersecurity, and helps keep them a step ahead in a continually changing world. Situational awareness, continuing education, and professional development are the cornerstones of our programs. The CyberWire has long been trusted by many of the most influential leaders and professionals in both the public and private sectors, around the world. We separate the signal from the noise. Learn more about our podcasts and newsletters at thecyberwire.com.

About CyberVista

CyberVista is a cybersecurity workforce development company. CyberVista's mission is to build and strengthen organizations by providing cybersecurity professionals with the knowledge, skills and abilities needed to drive growth and defense. Founded in 2016, CyberVista benefits from the rich 85-year history of Kaplan—one of the world's premier training providers—as its sister company and ally. In 2018, CyberVista welcomed Transcender into the brand. Transcender brings over 25 years of helping organizations and practitioners build technical job skills across all areas of IT and cybersecurity. Transforming today's workforce to meet tomorrow's cybersecurity challenges. Learn more at cybervista.net.

About Graham Holdings Company

Graham Holdings Company (NYSE:GHC) is a diversified holding company whose operations include: educational services, home health and hospice care, television broadcasting; online, print and local TV news, automotive, hospitality and manufacturing companies. For more information, visit ghco.com.

About DataTribe

DataTribe is a startup foundry that invests in and co-builds world-class startups focused on generational leaps in cybersecurity and data science. DataTribe was launched in 2015 with the vision of empowering technologists in the Washington, D.C. region to build and grow successful companies. Founded by leading investors, startup veterans and alumni of the U.S. intelligence community, DataTribe commits capital, in-kind business services and decades of professional expertise to co-build the next generation of cybersecurity, big data and analytics companies. For more information, visit datatribe.com.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/cyberwire-and-cybervista-merge-b2b-audio-news-leader-and-online-education-innovator-form-the-worlds-first-news-to-knowledge-network-301659195.html

SOURCE The CyberWire

FAQ

What is the purpose of the merger between CyberWire and CyberVista?

The merger aims to create N2K Networks, enhancing cybersecurity workforce resilience and addressing the skills gap through improved training and resources.

How much funding did N2K Networks secure?

N2K Networks secured $5.4 million in Series A funding led by Graham Holdings Company.

Who leads N2K Networks after the merger?

Peter Kilpe will serve as CEO, and Simone Petrella will be the President of CyberWire and CyberVista.

What markets will N2K Networks focus on?

N2K Networks will focus on expanding its technology platform and pioneering new markets within the cybersecurity sector.

When was the merger announced?

The merger was announced on October 26, 2022.

GRAHAM HOLDINGS COMPANY

NYSE:GHC

GHC Rankings

GHC Latest News

GHC Stock Data

3.98B
3.15M
6.67%
82.77%
1.24%
Education & Training Services
Services-educational Services
Link
United States of America
ARLINGTON