Thoma Bravo Announces Strategic Growth Investment in Venafi

SAN FRANCISCO and SALT LAKE CITY — December 10, 2020 —Thoma Bravo, a leading private equity investment firm focused on the software and technology-enabled services sector, today announced a strategic growth investment in Venafi®, the inventor and leading provider of machine identity management, valuing the company at $1.15 billion. Thoma Bravo’s investment is expected to accelerate Venafi’s technology innovation to capitalize on machine identity management’s growing importance as a cybersecurity trend. Existing investors, TCV and Foundation Capital, will remain shareholders.

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