thoma bravo
2021 may have been a rough year for cybersecurity, but it was a record-breaking year for security startups. According to new data from Momentum Cyber, a financial advisory firm for…
In Part 1 of this series, we spoke to acquiring companies about the deal and how they integrate acquired firms. In Part 2, we talk to executives from the three…
Last year product analytics and digital adoption platform Pendo pulled in $110 million investment from private equity firm Thoma Bravo, and that was not long after a $150 million tranche of…
VCs approached Facebook to fund a spinout of Workplace valued at over $1B, but Facebook declined
Workplace — the app originally built as a version of Facebook for employees to communicate with each other — now has more than 7 million users, carving out a place…
Israeli fintech Personetics raises $85M for tools to help incumbents personalize banking services to compete with neobanks
Big banks are under a lot of pressure to modernize their services to meet demands of consumers who now view as table stakes things like mobile apps that identify who…
Sinch acquires Pathwire, the company behind Mailgun and Mailjet, for $1.9B to add email into its API-based communications platform
Sinch, the Swedish company that competes with Twilio and others in the world of messaging and other communication APIs is making another big M&A play to build out its platform.…
Private equity giant Thoma Bravo has taken a stake in Intel 471, a provider of cyberthreat intelligence for enterprises and governments. The strategic growth investment, which comes as organizations double…
The pandemic completely upended the threat landscape as we know it. Ransomware has accounted for an estimated 2.9 million attacks so far in 2021, and supply-chain attacks that targeted Kaseya…
U.S. cybersecurity firm NortonLifeLock has confirmed it is acquiring British rival Avast in order to create a global consumer security powerhouse. The agreement, which comes just weeks after both companies confirmed…
Thoma Bravo-owned Sophos has announced its second takeover in as many weeks with the acquisition of Seattle-based DevSecOps startup Refactr. Refactr was founded in 2017 and offers an automation platform…
Thoma Bravo-owned Sophos has announced it’s acquiring Braintrace, a cybersecurity startup that provides organizations visibility into suspicious network traffic patterns. Terms of the deal were not disclosed. Braintrace, which was…
Barracuda Networks has purchased Skout Cybersecurity, a New York-based channel-only provider of extended detection and response (XDR) services. The deal, the terms of which were not disclosed, will see the California-based…
More M&A activity is underway in the red-hot field of cybersecurity. In the latest development, private equity giant Thoma Bravo is buying Proofpoint, the SaaS security vendor, for $12.3 billion…
The busy year in M&A continued this weekend when private equity firm Thoma Bravo announced it was acquiring RealPage for $10.2 billion. In RealPage, Thoma Bravo is getting a full-service…
Thoma Bravo must really like Flexera, an IT asset management company out of Chicago. The private equity firm bought the company for the second time today. Sources told TechCrunch the…
IT security software company Ivanti has acquired two security companies: Enterprise mobile security firm MobileIron and corporate virtual network provider Pulse Secure. In a statement on Tuesday, Ivanti said it…
Cato Networks has spent the last five years building a cloud-based wide area network that lets individuals connect to network resources regardless of where they are. When the pandemic hit,…
Four years ago, Ping Identity was at a crossroads. A venerable player in the single sign-on market, its product was not a market leader, and after 14 years and $128…
Cybersecurity giant Imperva will acquire jSonar, a database security startup that recently landed $50 million from Goldman Sachs. Financial terms of the deal weren’t disclosed. The acquisition of jSonar, which…
Thoma Bravo announced today that it has closed its hefty $3.9 billion acquisition of security firm Sophos, marking yet another private equity deal in the books. The deal was originally…
Sophos announced this morning that private equity firm Thoma Bravo has agreed to buy the British company for £3.1 billion ($3.9 billion USD). The price is based on $7.40 USD…
Last week four security companies changed hands. The shopping spree continued this week with CDN company Imperva announcing it was buying bot mitigation startup Distil Networks. The companies did not…
Mailgun, an email API delivery service, announced today that it was selling a majority stake in the company to private equity firm Thoma Bravo. The companies did not share terms,…
2018 saw a spate of major cyber attacks including the hacks of British Airways, Facebook and Marriott. Despite growing emphasis on and awareness of cyber threats, large organizations continue experiencing…
About 13 years ago I faced an excruciating decision: whether to sell my company, Pinnacle Systems, to a private equity firm or to another large public company.
Private equity giant Thoma Bravo has agreed today to buy Barracuda Networks in a take-private deal that’s valued at $1.6 billion. The company was offered $27.55 per share, about 16%…
We recently saw two critical developments in the big data and analytics space. Tableau released earnings and missed their forecast by $0.05; their stock dropped 5 percent. Then Hortonworks announced…
With its $930 million acquisition of business-to-business travel software provider TravelClick, private equity firm Thoma Bravo is showing that it’s more than just venture capital firms that are interested in…
Blue Coat, which specializes in Web security and WAN optimization solutions, has agreed to be acquired by an investor group led by San Francisco-based PE firm Thoma Bravo in a…
Vision Solutions, a portfolio company of PE firm Thoma Bravo, has agreed to acquire Southborough, Massachusetts-based Double-Take Software, a provider of backup and recovery solutions. Under the terms of the…