SecureLink has secured a strategic investment from Vista Equity Partners (Vista) to accelerate its growth in the enterprise remote support software market.
Vista is the leading technology investment firm focusing exclusively on software, data and technology-enabled companies. The investment in SecureLink comes from Vista’s Endeavor Fund, focused on small cap, mission-critical enterprise software and data businesses seeking to expand their innovation and impact in the markets they serve. Vista provides these companies and their management teams the capital, expertise and support to build an operational foundation for sustainable growth and long-term value.
“For 14 years, SecureLink has been the unrivalled leader in enterprise remote support,” says SecureLink co-founder and CEO Jeff Swearingen. “With the growing number of high-profile breaches directly attributable to third-party remote access, we wanted to align ourselves with a partner that could take our company and customers to the next level. When considering multiple investors, our strategic partnership with Vista was the obvious choice. We play to win and Vista offers unmatched operational expertise and an outstanding track record of success.”
Vista will work with SecureLink to provide its rapidly expanding customer base fast, powerful, remote-access solutions as the company continues its commitment to product innovation and the customer experience. Supporting more than 400 customers across highly regulated industries including financial services, legal, gaming, retail and others, SecureLink works with more than 30,000 organisations worldwide and enjoys an industry-leading retention rate. Moving forward, the company will remain focused on its mission to provide a premier purpose-built platform for managing secure third-party access for remote support.
“This is an exciting time for SecureLink as it expands and innovates to respond to the demand from companies for better protection from security breaches originating from third-party vendors,” says Rene Yang, Principal and Co-Head of Vista Equity Partners Endeavor Fund. “We are delighted to partner with SecureLink on the frontlines to solve this challenge as the company continues to distinguish itself as the provider of choice in managing third-party access and remote support.”
Vista Point Advisors, a San Francisco based boutique investment bank (unaffiliated with Vista Equity Partners), acted as the exclusive financial advisor to SecureLink.