PE Tech Report

Cybersecurity

ACA Aponix launches PortCo Defend cybersecurity program

ACA Aponix, part of the ACA Compliance Group (ACA), has launched PortCo Defend, a cybersecurity risk management program and dashboard, designed to help private equity firms assess and centrally monitor security threats to their portfolio companies (PortCos). Available now, PortCo Defend gives private markets a holistic view of their their PortCos’

Enfusion teams with PE cybersecurity specialist Drawbridge 

Enfusion, a provider of cloud-based investment management software and managed services, has selected Drawbridge Partners, a cybersecurity software and services firm specialising in the needs of hedge fund and private equity managers to bolster its vendor due diligence process.Read the full story at Hedgeweek…

BlueVoyant acquires Managed Sentinel

BlueVoyant, a cybersecurity services company, has acquired Managed Sentinel, a specialist in the deployment and management of Microsoft’s cloud-native SIEM, and Azure Sentinel, plus Microsoft’s XDR platform, Microsoft Defender.Organisations are increasingly looking for cloud-native security solutions. With the shift towards Extended Detection and Response (XDR) as customers demand more response

TA Associates makes majority investment in Netwrix

TA Associates (TA), a global growth private equity firm, has completed a majority investment in Netwrix, a cybersecurity vendor that makes data security easy. TA, together with the Netwrix executive management team, plans to accelerate Netwrix’s growth as the company aims to expand its portfolio of easy-to-use data security solutions to

Cybersecurity

Paladin Capital hires CEO of UK’s national cybersecurity centre

Paladin Capital Group, a leading global cybersecurity and deep tech investment firm, has just announced the appointment of Ciaran Martin, CB, as a Managing Director. Martin is regarded as one of the leading public voices on cybersecurity and joins from the UK Government’s National Cyber Security Centre (NCSC), which he

ReliaQuest raises over USD300m in growth financing led by KKR

ReliaQuest, a cybersecurity managed service and intelligence platform for global enterprises, has raised over USD300 million in growth financing in a round led by leading global investment firm KKR, with participation from Ten Eleven Ventures and ReliaQuest founder and CEO Brian Murphy.  The investment, which follows USD30 million in growth

Cyware raises USD10m for its Cyber Fusion solution

Cyware, a provider of cyber fusion solutions, has raised a USD10 million Series A round to enhance its threat intelligence automation, threat response, and security orchestration solutions. This round was led by the Prelude Fund (the venture practice at Mercato Partners), and Tanium, a provider of unified endpoint management and security.

Keeper Security closes USD60m in growth funding

Keeper Security, the provider of a cybersecurity platform for preventing password-related data breaches and cyberthreats, has closed a USD60 million minority investment by global venture capital and private equity firm Insight Partners. This is Keeper Security’s first equity raise since its inception. The synergy of the Keeper Security-Insight partnership will further

Cybersecurity

Icelandic anti-money laundering startup Lucinity receives USD6.1 million in funding

Karma Ventures and byFounders have led a USD6.1 million funding round in Icelandic anti-money laundering startup Lucinity. Existing investors Nordic based Crowberry Capital and US based early stage investor Preceptor Capital also participated in the founding round. The software startup Lucinity is an Anti-Money-Laundering app that “uses human AI to

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