General Atlantic Weighs In
Earlier this year, investment firm General Atlantic took a major stake in Kaspersky, becoming the No. 2 shareholder to CEO Eugene Kaspersky. At the partner conference, General Atlantic Managing Director John Bernstein told partners that the financial injection won't hurt their business. Instead, Bernstein said, it will create a new level of strategic insight and help Kaspersky maintain the entrepreneurial spirit. Bernstein said GA looked at several security companies and chose Kaspersky due to its technology and growth potential. GA will support Kaspersky's management team, join the board, help with acquisitions and assist if and when Kaspersky launches an IPO.