Announced
Completed
Financials
Tags
Digital Services
United States
Single Bidder
Private
Domestic
Private Equity
Friendly
Acquisition
Minority
cybersecurity
Venture Capital
Completed
Synopsis
Insight Partners, a New York-based global private equity and venture capital firm, led a $50m Series B round in Shift5, a cybersecurity company that protects the world’s transportation infrastructure and weapons systems from cyberattacks. "Evolution in cybersecurity technology has historically occurred alongside innovation in the threat landscape: we’re seeing attacks now beyond the traditional network and endpoint vectors to other parts of the landscape like IoT, medical devices and operational technology that have grave consequences when disrupted,” Joe Lea, Shift5 President.
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