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New Deal


Announced

Completed

Triangle Peak Partners led a $100m Series D round in Nozomi Networks.

Financials

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Transaction Value£71m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Cross Border

Single Bidder

Software

Venture Capital

Private Equity

Minority

internet of things

United States

Private

cybersecurity

Acquisition

Friendly

Synopsis

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Triangle Peak Partners, a growth investor, led a $100m Series D round in Nozomi Networks, a provider of OT and IoT security, with participation from Honeywell Ventures, Porsche Ventures, Keysight Technologies, Forward, In-Q-Tel and Telefónica Ventures. "As we began the fund-raising process, many of the largest ecosystem partners in the world along with our customers recognized Nozomi Networks as the industry leader and requested the opportunity to invest in the company. It’s the ultimate endorsement when not only a prestigious firm such as Triangle Peak Partners leads the investment, but customers and partners embrace Nozomi Networks and further validate our market leadership," Edgard Capdevielle, Nozomi Networks President and CEO.

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