Announced
Completed
Synopsis
Providence Strategic Growth, the growth equity affiliate of Providence Equity Partners completed the investment in ThreatConnect, provider of the industry’s only intelligence-driven security operations platform. Financial terms were not disclosed. This growth investment is intended to help continue the ThreatConnect Platform’s path of innovation and further the company’s continued leadership in its market. The new funding is aimed at accelerating ThreatConnect’s go-to-market strategy, supporting further development of the Platform, and expanding its ability to build a successful community of customers and partners. "Our vision for the digital transformation of businesses through software aligns well with ThreatConnect’s vision for intelligence-driven security. Security software is one of the priority sectors for PSG, and we are excited to have found a high-quality organization. We look forward to working with Adam and the rest of the ThreatConnect leadership team to accelerate what is already a successful and fast-growing organization.” Gopi Vaddi, PSG Managing Director.
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