Malwarebytes, a San Francisco, CA-based provider of real-time cyberprotection solutions, raised USD100M in funding.
The investment, which is subject to standard and customary closing conditions and is expected to close in the fourth quarter of 2022, was made from Vector Capital. The funding by Vector Capital follows investments led by Highland Capital Partners and Fidelity Management and Research Company. In conjunction with the deal, Vector Capital Managing Directors Sandy Gill and Dave Fishman will join Malwarebytes’ Board of Directors.
The company intends to use the funds to further innovate its product portfolios, accelerate growth with channel partners, consolidate its ownership structure, and enhance, scale its international channel partner program, and Managed Service Provider (MSP) business.
Founded in 2008 by CEO Marcin Kleczynski, Malwarebytes provides consumers and organizations with device protection, privacy, and prevention solutions for home, on-the-go, at work, or on campus. The company will now add new features to its consumer protection and privacy suite and continue to launch new modules that enable organizations to reduce their attack surface from the same cloud platform they use for detection and remediation.
The company is headquartered in California with offices in Europe and Asia.
FinSMEs
26/09/2022