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Announced

Completed

Tola Capital, FirstMark Capital and Pillar led a $13m Series A round in Zilla Security.

Financials

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Transaction Value£11m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Friendly

United States

Private

Software

Minority

Private Equity

Domestic

SaaS platform

Completed

Acquisition

Single Bidder

Venture Capital

Synopsis

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Tola Capital, FirstMark Capital, investment firms, led a $13m Series A round in Zilla Security, a provider of an identity security platform, with participation from Pillar. "Today, organizations recognize that identity is the new perimeter when it comes to cloud security. But making sure that the right identities always have the right access across complex, siloed, and dynamic cloud environments can be a daunting task. Zilla eliminates all the complexity in managing identities and permissions by combining identity governance and cloud security into one platform. We've created the only identity security solution, purpose-built to automate the monitoring and lifecycle of user and machine entitlements through no-code integration across all environments," Deepak Taneja, Zilla Security CEO and Co-Founder.

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