Search
Homepage
Cloud Storage Cloud Backup Cyber Insurance IoT Platforms 3rd Party Maintenance Network Security Modern Application Development Cyber Risk Industry Trends
Spectrum Partner Program Wasabi WatchGuard EPOS HP Inc.
Dell Technologies Hybrid Cloud Learning Center Dell Technologies Server Learning Center Dell Technologies Storage Learning Center Webroot Learning Center Dell Technologies Cloud Learning Center Disaster Recovery Learning Center Products of the Year Showcase BlackBerry Learning Center Symantec Business Security Learning Center
Rankings and Research Companies Channelcast Marketing Matters CRNtv Events WOTC Jobs Cisco Partner Summit Digital 2020 Lenovo Tech World Newsroom Dell Technologies World Digital Experience 2020 HPE Zone Masergy Zenith Partner Program Newsroom Dell Technologies Newsroom Fortinet Secure Network Hub Hitachi Vantara Digital Newsroom IBM Newsroom Juniper Newsroom The IoT Integrator Lenovo Channel-First NetApp Data Fabric Intel Tech Provider Zone

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.

By Michael Novinson February 18, 2020, 04:55 PM EST
Back 1 ... 3   4   5   6   Next
photo

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.

 
 
Back 1 ... 3   4   5   6   Next
Related Topics:

sponsored resources