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Announced

Completed

Insight Partners led a $15m Series A funding round in DeepFactor.

Financials

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Transaction Value£12m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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United States

Minority

developer security

Acquisition

Domestic

Venture Capital

Completed

Private Equity

Software

Private

Friendly

Synopsis

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Insight Partners, a private equity and venture capital firm, led a $15m Series A funding round in DeepFactor, a developer-native continuous AppSec observability tools, with participation from Emergent Ventures, Security Leadership Capital and Tricentis. “DeepFactor is in the exciting new space converging between the software development lifecycle and application security. There is an immediate necessity for a developer-native observability solution for the application layer and the need to identify supply chain, security, privacy, and compliance risks at the beginning of and during development are more important now than ever. DeepFactor addresses that market need. DeepFactor presents an opportunity to invest in the future of software development, especially considering the platform benefits Engineering teams and the AppSec teams. Their management team has a history of success, and their technology is a game-changer in this important area,” Josh Zelman, Insight Partners Vice President.

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