Thoma Bravo Announces Strategic Growth Investment in Venafi
12/10/20, 1:05 PM
Location
san franciscoThoma Bravo, a leading private equity investment firm focused on the software and technology-enabled services sector, today announced a strategic growth investment in Venafi®, the inventor and leading provider of machine identity management, valuing the company at $1.15 billion. Thoma Bravo’s investment is expected to accelerate Venafi’s technology innovation to capitalize on machine identity management’s growing importance as a cybersecurity trend. Existing investors, TCV and Foundation Capital, will remain shareholders.
Company Info
Location
san francisco, california, united states
Additional Info
Thoma Bravo is one of the largest private equity firms in the world, with more than $83 billion in assets under management as of June 30, 2021. The firm invests in growth-oriented, innovative companies operating in the software and technology sectors. Leveraging the firm's deep sector expertise and proven strategic and operational capabilities, Thoma Bravo collaborates with its portfolio companies to implement operating best practices, drive growth initiatives and make accretive acquisitions intended to accelerate revenue and earnings. Over the past 20 years, the firm has acquired more than 325 companies representing over $100 billion in enterprise value. The firm has offices in Chicago, Miami and San Francisco. For more information, visit thomabravo.com.