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5 Things To Know About Dell’s $2.08 Billion Plan To Sell RSA Security

From Dell’s security-focused M&A to changes in RSA’s valuation to STG’s cybersecurity footprint, here are five of the most important things to know about RSA moving into the hands of private equity.

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2. STG Partners Is A Newcomer To Cybersecurity

STG has been around since 2002 investing in software, data and analytics leaders in the midmarket. But the Palo Alto, Calif.-based private equity firm shied away from cybersecurity until April 2019, when it took a majority stake in network modeling and risk scoring platform RedSeal for a reported $100 million, according to Momentum Cyber.

RedSeal today employs 180 people and had raised just over $90 million prior to its acquisition by STG, according to LinkedIn and Crunchbase. In addition to commanding a valuation 21-times higher than RedSeal, RSA employs nearly 3,100 people around the world, according to LinkedIn.

Outside of cybersecurity, STG participated in a $20 million Series C funding round for San Francisco-based business intelligence provider Govini in May 2015.

 
 
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