Announced
Completed
Financials
Tags
Private Equity
Single Bidder
Acquisition
Minority
cybersecurity
Private
Completed
United States
Software
Friendly
Venture Capital
Synopsis
Insight Partners, a global venture capital and private equity firm, completed a $60m investment in Keeper Security, a provider of a cybersecurity platform for preventing password-related data breaches and cyberthreats. "The past four months have resulted in history's most pervasive cybersecurity challenge. As businesses have shifted their operations online and people have adapted to remote work and social distancing, cybercriminals have executed their attacks at record rates. It's forcing a rapid transformation and growth in the cybersecurity industry – one that is essential to safeguard people and businesses. With the support of Insight Partners and the planned synergy, we're well-positioned to bring new, unique and increasingly critical cybersecurity solutions to new and existing customers, globally," Darren Guccione, Keeper Security CEO and Co-Founder.
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