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TPG Capital To Buy Thycotic For $1.4B, Merge It With Rival Centrify: Report


TPG Capital To Buy Thycotic For $1.4B, Merge It With Rival Centrify: Report
The deal between TPG and privileged access management vendor Thycotic was signed Monday but has yet to close. It will lead to the private equity firm combining Thycotic with recently acquired rival Centrify.
By
Michael Novinson March 02, 2021, 11:19 AM EST
TPG Capital has agreed to purchase privileged access management (PAM) vendor Thycotic for $1.4 billion and combine it with recently acquired competitor Centrify, PE Hub reported.
The deal between San Francisco-based TPG and Washington, D.C.-based Thycotic was signed Monday but has yet to close, sources told PE Hub. Thycotic’s $1.4 billion valuation translates into an 11.6X revenue multiple, according to PE Hub, which reported last month that Thycotic generates $120 million in sales and is nearly even on earnings before interest, taxation, depreciation and amortization (EBITDA). ....

United States , James Legg , Tim Steinkopf , Flint Brenton , Santa Clara , Tom Kemp , Thoma Bravo , San Francisco Based , Insight Partners , Symantec Enterprise Head , Skyport Systems , Under Legg , Access Control , Application And Platform Security , Data Protection Technologies , ஒன்றுபட்டது மாநிலங்களில் , ஜேம்ஸ் கால் , பிளின்ட் ப்ரெண்டன் , சாந்தா கிளாரா , டோம் கேம்ப் , தோமா பிராவோ , சான் பிரான்சிஸ்கோ அடிப்படையிலானது , நுண்ணறிவு கூட்டாளர்கள் , ஸிம்யாஂடெக் நிறுவன தலை , ஸ்கய்ப்போற்ட் அமைப்புகள் , கீழ் கால் ,

SentinelOne Eyes $10B IPO For Later This Year: Report


SentinelOne Eyes $10B IPO For Later This Year: Report
A $10 billion market cap would be more than triple SentinelOne’s $3 billion valuation in November and would be the highest valuation for a newly traded pure-play cybersecurity company.
By
Michael Novinson March 01, 2021, 10:37 AM EST
SentinelOne is interviewing bankers about an initial public offering listing that could value the endpoint security vendor at more than $10 billion, according to Bloomberg.
The IPO could happen this year, Bloomberg reported late Friday, although sources cautioned that SentinelOne’s plans are in the early stages and the IPO timing and valuation could still change. SentinelOne didn’t respond to a CRN request for comment. ....

Nicholas Warner , Ken Marks , George Kurtz , Palo Alto Networks , Mountain View , Extended Detection , Application And Platform Security , Business Intelligence And Analytics , Data Protection Technologies , நிக்கோலஸ் எச்சரிக்கை , கேன் மதிப்பெண்கள் , ஜார்ஜ் கர்ட்ஸ் , பாலோ ஆல்டோ நெட்வொர்க்குகள் , மலை பார்வை , நீட்டிக்கப்பட்டது கண்டறிதல் , விண்ணப்பம் மற்றும் நடைமேடை பாதுகாப்பு , வணிக உளவுத்துறை மற்றும் பகுப்பாய்வு , தகவல்கள் ப்ரொடெக்ஶந் தொழில்நுட்பங்கள் ,

Asset Management Firm Axonius Raises $100M To Go Global


Asset Management Firm Axonius Raises $100M To Go Global
The Series D funding round was led by private equity firm Stripes comes on the heels of Axonius doubling headcount during the pandemic as well as triple-digit annual recurring revenue growth in 2020
By
Michael Novinson March 01, 2021, 08:22 AM EST
Axonius closed a Series D funding round and achieved unicorn status as the cybersecurity asset management startup looks to scale growth globally and expand its platform.
The New York-based company said the $100 million round was led by private equity firm Stripes and comes on the heels of doubling headcount during the pandemic as well as triple-digit annual recurring revenue growth in 2020. With the funding, Axonius said it becomes the latest cybersecurity vendor to achieve a valuation of more than $1 billion. ....

New York , United States , Mark Daggett , Ken Fox , John Hancock , Amit Karp , Nick Mcnulty , Schneider Electric , New York Times , Security Services At John Hancock , Landmark Health , New York Based , Partner Ken Fox , Lightspeed Venture Partners , Bessemer Venture , Middle East , Security Services , Access Control , Application And Platform Security , Vertical Opportunities , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , குறி தாக்கேட்ட் , கேன் நரி , ஜான் ஹான்காக் , அமித் கார்ப் ,

Zscaler Rides Channel Wave To Go After Smaller Enterprises


Zscaler Rides Channel Wave To Go After Smaller Enterprises
VARs accounted for just over half of Zscaler’s revenue in the quarter ended Jan. 31, up from the high 40-percent range in previous quarters as the fast-growing cloud security vendor pushes downmarket.
By
Michael Novinson February 25, 2021, 06:57 PM EST
Zscaler has added and expanded its business with channel partners who serve small enterprises as the company pushes downmarket beyond its traditional large enterprise base.
The San Jose, Calif.-based cloud security vendor said VARs accounted for just over half the company’s revenue in the quarter ended Jan. 31, up from the high 40-percent range in previous quarters, according to Chief Financial Officer Remo Canessa. The progress Zscaler has made in landing customers with between 2,000 and 6,000 employees has exceeded expectations, according to CEO Jay Chaudhry. ....

Remo Canessa , Jay Chaudhry , Palo Alto Networks , Palo Alto Network Prisma Access , Summit Program , San Jose , Chief Financial Officer Remo , Alto Networks , Seeking Alpha , Cloud Security , Application And Platform Security , Smb Midmarket Opportunities , ரெமொ கணேசா , ஜெய் ச Ud த்ரி , பாலோ ஆல்டோ நெட்வொர்க்குகள் , பாலோ ஆல்டோ வலைப்பின்னல் பிரீஸ்ம நுழைவு , உச்சிமாநாடு ப்ரோக்ர்யாம் , சான் ஜோசே , தலைமை நிதி அதிகாரி ரெமொ , ஆல்டோ நெட்வொர்க்குகள் , தேடுவது ஆல்பா , மேகம் பாதுகாப்பு , விண்ணப்பம் மற்றும் நடைமேடை பாதுகாப்பு ,