KnowBe4 completed the acquisition of Egress from FTV Capital and AlbionVC.

KnowBe4, a security platform for security awareness training and simulated phishing attacks, completed the acquisition of Egress, a software company that specializes in human layer security designed to prevent accidental and intentional data breaches, from FTV Capital, a growth equity firm, and AlbionVC, an investment company. Financial terms were not disclosed. “Human risk management is an essential component of a comprehensive cybersecurity program. This acquisition reinforces our ability to fortify global organizations against the ever-increasing amount of human-targeted threats. Today marks an important milestone in the evolution of cybersecurity and the next generation of KnowBe4’s human risk management capabilities,” Stu Sjouwerman, KnowBe4 CEO.