Darktrace is set to go private in a deal that values the U.K.-based cybersecurity giant at around $5 billion. A newly-formed entity called Luke Bidco Ltd, formed by private equity giant Thoma Bravo, has tabled an all-cash bid of £6.20 ($7.75) per share…
Everbridge, a critical event management (CEM) software company, is going private in a $1.8 billion all-cash deal that will see it taken over by private equity giant Thoma Bravo — 20% more than what was originally announced last month.* Founded in…
Proofpoint is laying off about 6% of its global workforce, or 280 employees, the company confirmed to TechCrunch. “This decision was not taken lightly, and it is deeply rooted in our forward-looking company strategy of aligning our investments an…
The final earnings report that SailPoint disclosed before it was taken private detailed its Q2 2022 results, including revenue of $134.3M.
It was only a matter of time before frustrated customers of the fallen crypto exchange FTX went after its deep-pocketed venture backers. Indeed, the most surprising thing about a class-action lawsuit flagged earlier by Bloomberg — one that accuses Sequoia Capital, Paradigm, and Thoma Bravo of promoting FTX to the detriment of its users —…
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