CYBERSECURITY COMPANY MOVES ITS HEADQUARTERS TO COLORADO SPRINGS

Root9B LLC is sinking deeper roots in Colorado Springs as part of a corporate strategy of its parent company to narrow the company's focus to cybersecurity by selling off subsidiaries in other industries. The Springs-based company employs 40 locally and 40 more at three other offices to provide cybersecurity services that include advanced vulnerability analysis, network penetration testing, digital forensics, incident response, industrial control system security and adversary pursuit on computer networks to government and commercial clients worldwide. Root9B also operates its Adversary Pursuit Center, a $2 million operations center it opened in Colorado Springs in 2015 to provide clients remote computer network defense, training and other services. The company is a unit of root9B Holdings, which moved its headquarters to Colorado Springs from Charlotte, N.C., in early December as part of an "evolution into a pure-play cybersecurity company, and a reflection of our commitment to this endeavor," according to a Dec. 20 letter to shareholders from CEO Joseph Grano Jr. The move also included a consolidation of the parent company's corporate support operations to improve efficiency and cut costs as it tries to raise money to fund growth of root9B LLC and its cybersecurity operations, he said.

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