TCV completed the investment in Elisity.

TCV, an American growth equity firm investing in technology companies, completed the investment in Elisity, an identity-based microsegmentation platform developer. Financial terms were not disclosed. “We’ve long believed that microsegmentation should be a core component of enterprise IT/OT security, but we questioned whether it could be. After all, microsegmentation has historically been a hard technology to operationalize. But seeing is believing, and our skepticism turned to belief after in-depth discussions with CISOs who had put Elisity’s platform to the test. Moving forward, we believe Elisity is uniquely positioned to change the narrative around microsegmentation and transform how organizations secure their most important assets,” Morgan Gerlak, TCV Partner.