IPKeys Power Partners Buys SigmaFlow
Monday, February 04, 2019 | Comments

IPKeys Power Partners completed the acquisition of SigmaFlow, a provider of utility-focused automated compliance technology for North American Electric Reliability (NERC) Critical Infrastructure Protection (CIP) regulations.

The acquisition accelerates IPKeys’ strategy of leveraging its Cyber Lab as a Service (CLaaS) platform and related cybersecurity services that have been provided in the federal and Department of Defense (DOD) sectors for delivery in the utility and public-safety network communications sectors.

"We are excited about coming together with the SigmaFlow team and the value IPKeys Power Partners will be able to deliver to utilities through its cost-efficient and end-to-end cyber security solution," said Robert Nawy, CEO, IPKeys Power Partners. "Our mission is to strengthen the cybersecurity defense programs of utilities and public-safety organizations in a framework that essentially locks the cyber doors, continuously monitors those locks and now, with the addition of SigmaFlow, includes NERC CIP compliance and road maps."

To support this effort, IPKeys Power Partners hired Carter Schoenberg, former CEO of Hemisphere Cyber Risk Management, to serve as its executive vice president – cyber solutions. Schoenberg brings more than 19 years of experience in cybersecurity solving diverse and complex challenges in both commercial and government markets.

"I am thrilled SigmaFlow is joining the IPKeys Power Partners' family, a proven leader in the cybersecurity and compliance space," said Vasu Avadhanula, vice president of product management and engineering, Sigma Flow. "By combining IPKeys secure technology suite with SigmaFlow's best-in-class workflow platform and NERC domain expertise, we can offer investor-owned utilities, municipal power producers and electrical cooperatives with a compelling solution for their pressing cybersecurity compliance challenges."

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