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Albion Capital completes Egress sale

KnowBe4, a security awareness training and simulated phishing platform, has completed the acquisition of cyber security specialist Egress, the portfolio company of private equity firm Albion.

Egress was founded in 2007 and offers a cloud email security platform using what it calls an adaptive security model, which leverages AI to assess human risk and provide email protection.

Albion’s relationship with Egress started in 2014 with a Series A £2.2m funding, when the company was a team of 12. The business has since expanded to seven locations and a team of over 300 people globally.

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