Vector Capital, a leading private equity firm specializing in transformational investments in established technology businesses, announced that it has successfully closed its previously announced $100 million minority investment in Malwarebytes, a global leader in real-time cyber protection.
In connection with the closing, Vector Capital Managing Directors Sandy Gill and Dave Fishman have joined the company’s Board of Directors.
Latest Fintech News: Atlassian Doubles Down on Employee Experience at Scale
“Vector Capital is a premier technology investor with a proven track record of building successful businesses, and we are thrilled to have them as a partner as we execute on our mission to create a safer digital world,” said Marcin Kleczynski, co-Founder and Chief Executive Officer of Malwarebytes. “We look forward to drawing on the firm’s significant resources as we seek to accelerate the rollout of new products and features designed to simplify cyber protection for consumers and corporations worldwide.”
“We are excited to invest in Malwarebytes, a global leader in cyber remediation and protection, and support the company through its next phase of growth,” said Sandy Gill, Managing Director at Vector Capital. “As cyber threats continue to increase in frequency and sophistication, we believe Malwarebytes’ products and services are more critical than ever. We look forward to working closely with Marcin and his team to drive innovation, capture greater market share, and capitalize on the many opportunities ahead.”
Latest Fintech News: Tyndall Federal Credit Union Shares $13 Million in Profits With Its Member-Owners
Paul Hastings LLP acted as legal counsel for Vector Capital. Fenwick & West LLP acted as legal counsel for Malwarebytes and Jefferies LLC acted as its exclusive financial advisor.
About Malwarebytes
Malwarebytes believes that when people and organizations are free from threats, they are free to thrive. Founded in 2008, Malwarebytes CEO Marcin Kleczynski had one mission: to rid the world of malware. Today, that mission has expanded to provide cyber-protection for everyone. Malwarebytes provides consumers and organizations with device protection, privacy, and prevention through effective, intuitive, and inclusive solutions in the home, on-the-go, at work, or on campus.
Latest Fintech News: Apex Fintech Solutions and Unifimoney Announce Partnership
[To share your insights with us, please write to sghosh@martechseries.com]
