Braes Capital Targets Federal Cyber Market With Siege Technologies Acquisition

Jeff Brody

Houston-based investment company Braes Capital has acquired cyber research-and-development company Siege Technologies for an undisclosed sum in a push to gain access to the critical infrastructure protection market.

Alex Clary, managing partner of Braes Capital, said in a statement published Wednesday he believes Siege has the potential to introduce new security offerings to the federal, energy and financial services sectors.

Siege was previously owned by Nehemiah Security, which offers a software-as-a-service platform to help organizations quantify the potential impact of cyber risks on finsncial performance.

Braes Capital provides advisory and governance support to its portfolio companies, projects and partners.

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