Category: thoma bravo

Cybersecurity giants NortonLifeLock and Avast merge in $8.1B deal

US cybersecurity firm NortonLifeLock has confirmed it is acquiring British rival Avast in order to create a global consumer security powerhouse. The agreement, which comes just weeks after both companies confirmed they were in advanced discussions regarding a possible combination of the two brands, will see Avast stockholders receive cash and shares…

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Sophos extends its spending spree with Refactr buy

Thoma Bravo-owned Sophos has announced its second takeover in as many weeks with the acquisition of Seattle-based DevSecOps startup Refactr. Refactr was founded in 2017 and offers an automation platform that helps cybersecurity and DevOps teams to collaboratively operate. The platform, which is used by the non-profit Center for Internet…

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Zero trust unicorn Illumio closes $225M Series F led by Thoma Brava

Illumio, a self-styled zero trust unicorn, has closed a $225 million Series F funding round at a $2.75 billion valuation.  The round was led by Thoma Bravo, which recently bought cybersecurity vendor Proofpoint by $12.3 billion, and supported by Franklin Templeton, Hamilton Lane, and Blue Owl Capital.  The round lands…

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