Insight Partners acquires data management company Veeam for $5B

Last year Insight Partners invested $500 million in cloud data management company Veeam. It apparently liked the company so much that today it announced it has acquired the Swiss startup for $5 billion. Veeam helps customers with cloud data backup and disaster recovery. The company, which has been based in Baar, Switzerland, says that it […] Continue reading Insight Partners acquires data management company Veeam for $5B

Showpad, a sales enablement platform for presentations and other collateral, raises $70M

Sales teams have long turned to tech solutions to help improve how they source leads, develop relationships and close deals. Now, one of the startups that helps out at a key point in that trajectory is announcing a round of growth funding to help fuel its own rapid growth. Showpad, a sales enablement platform that […] Continue reading Showpad, a sales enablement platform for presentations and other collateral, raises $70M

Eyeing IPO, SentinelOne raises $120 million in Series D funding

SentinelOne announced Wednesday it has raised $120 million in a Series D funding round led by Insight Partners. Samsung Venture Investment Corporation and NextEquity also participated in the round, along with Third Point Ventures, Redpoint Ventures, and Data Collective. The total funding to date for SentinelOne, an endpoint protection company founded in 2013, is now more than $230 million. This news follows last week’s announcement that Insight Partners had acquired threat intelligence firm Recorded Future for $780 million, the highest price ever announced for a company doing threat intelligence work for clients. Insight Partners also had invested in Cylance before it was acquired by Blackberry for $1.4 billion. SentinelOne aims to help companies detect and respond to attacks, and at RSA this year it unveiled an internet of things (IoT) security product, Ranger, which will be shipping later this year to address the growing threats in the IoT space. SentinelOne’s Chief Operating Officer, Nicholas Warner, tells CyberScoop that Insight […]

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Recorded Future acquired for $780 million by venture firm

New York venture capital and private equity firm Insight Partners has acquired a controlling stake in threat intelligence company Recorded Future for $780 million. The cash deal, announced Tuesday, is the highest sale price ever for a firm that provides clients with threat intelligence about the digital risks they need to mitigate. Recorded Future now works with more than 400 clients, including Bank of America, Target, and SC Johnson. The firm previously raised $57.9 million from sources including Insight, and says this deal will accelerate its growth. “This partnership lays the foundation to take our products and software to the next level to best serve our clients, changing the face of our industry as we drive an intelligence-led strategy to help reduce risk and enable business operations for clients around the globe,” Christopher Ahlberg, CEO and co-founder of Recorded Future, said in the announcement. Corporate heavyweights for a generation now […]

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Aqua Security Closes $62M in Funding to Cement Its Leadership in Cloud Native Security

Led by Insight Partners, the investment round will enable Aqua to expand its platform and market presence, addressing the growing need to secure microservices applications running on containers and serverless infrastructure Boston, MA and Tel Aviv, Isr… Continue reading Aqua Security Closes $62M in Funding to Cement Its Leadership in Cloud Native Security