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After a tough few months in the markets for Ping Identity, the enterprise identity management company today announced a big move: private equity firm Thoma Bravo is buying the company and taking it private for $2.8 billion. The news was announced at the same time that Ping posted its Q2 earnings. The company said it […]
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Axiom, a Tel Aviv-based startup that focuses on automating identity and access management (IAM) for developer platforms, is coming out of stealth today and announcing a $7 million seed round led by S Capital. The idea here is to provide a single platform that provides developers with easy access to the tools they need and […]
Among the many damning allegations in the newly released Twitter whistleblower complaint, is the disquieting revelation that Twitter was unable to seal its production environment to guard against any potential insider threats amid the January 6 attack on the U.S. Capitol. Twitter’s former head of security Peiter “Mudge” Zatko has accused Twitter of serious cybersecurity […]
Thoma Bravo, the private equity and growth capital firm, today announced that it would spend $1.8 billion CAD (~$1.34 billion) to acquire Magnet Forensics, a Waterloo-based company making software used by defense forces and businesses to investigate cybersecurity threats. Magnet Forensics will be purchased by a newly created corporation controlled by Thoma Bravo, Morpheus Purchaser […]