Announced
Financials
Sources
Tags
Software
Acquisition
Pending
United Kingdom
Single Bidder
security software
Majority
Private
Cross Border
Friendly
Private Equity
Synopsis
KnowBe4, a security platform for security awareness training and simulated phishing attacks, agreed to acquire Egress, a software company that specializes in human layer security designed to prevent accidental and intentional data breaches, from FTV Capital and AlbionVC, alternative investment firms. Financial terms were not disclosed. “KnowBe4 and Egress have a shared vision of delivering tailored and relevant security to each employee. One of the biggest challenges organizations face is accurately identifying who the next source of compromise is – and why. By combining intelligence and analytics from integrated applications, companies can gain valuable insights across their entire cyber ecosystem, allowing them to focus on the risks that matter most,” Tony Pepper, Egress CEO.
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