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Announced

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Brighton Park Capital led a $20m Series B round in AppViewX.

Financials

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Transaction Value£16m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Private Equity

Venture Capital

Private

Minority

Acquisition

Single Bidder

application infrastructure security

United States

Digital Services

automated machine identity management

Friendly

machine identity management

Domestic

Synopsis

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Brighton Park Capital, a growth equity firm , led a $20m Series B round in AppViewX, a provider of automated machine identity management and application infrastructure security. "Because of Digital Transformation initiatives and the accelerated shift to multi-hybrid cloud, the number of machine and app identities has grown exponentially. To reduce their digital risk, organizations acknowledge the importance of machine identity management, but there’s a lack of mature certificate lifecycle capabilities from antiquated, manual tools and siloed tactics. AppViewX enables organizations to reduce this growing risk with our Automation Platform, which facilitates digital transformation through streamlined workflows to prevent outages and reduce security incidents," Gregory Webb, AppViewX CEO.

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