The latest from our portfolio companies
Explore recent press releases and stories from our portfolio. Search by company name, topic or key word to find relevant news.
Outseer Announces Deep Performance Diagnostic Tool for Fraud Management Platform
Advanced Diagnostic Tool Propels Value Optimization for Outseer Customers. Outseer, a leader in providing fraud solutions that protect financial accounts from login through payment, is thrilled to announce it has invested in a deep fraud performance diagnostic tool for its Fraud Manager platform. Preventing fraud is a more pressing challenge than ever for financial institutions,…
Avid Technology Enters into Definitive Agreement to Be Acquired by an Affiliate of STG for $1.4 Billion
Stockholders to Receive $27.05 Per Share in Cash Transaction Represents 32.1% Premium to Avid’s Unaffected Share Price on May 23, 2023 Avid to Become a Privately Held Company Upon Completion of the Transaction Avid® (NASDAQ: AVID), a leading technology provider that powers the media and entertainment industry, today announced that it has entered into a…
RedSeal unveils support for third-party firewalls in public clouds, empowering enterprises to understand all attack paths to stop breaches
Seamlessly integrates with Next-Generation Firewalls from Palo Alto Networks, Cisco, Fortinet, and Check Point deployed in AWS and Azure clouds RedSeal, a pioneer in cyber attack path management, announces support for third-party Next-Generation Firewalls (NGFWs) deployed in AWS, Azure and other clouds. With this capability, RedSeal continues its mission to enable enterprises to comprehensively understand…
Quor Group Welcomes Saeed Patel as Chief Product and Technology Officer
Quor Group, a leading CTRM solution provider, is proud to announce the addition of Saeed Patel to our team as Chief Product and Technology Officer. Saeed’s extensive background encompasses a wealth of experience and knowledge, including over 25 years of leadership, technological expertise, and E/CTRM proficiency, which he brings to our organization. “We are thrilled…
NICE Community Coordinating Council Names Trellix’s Michael Alicea as Industry Co-Chair
Trellix, the cybersecurity company delivering the future of extended detection and response (XDR), announced the National Institute of Standards and Technology (NIST) NICE program has appointed Michael Alicea, Trellix Chief Human Resources Officer, as its new NICE Community Coordinating Council Industry Co-Chair. Michael Alicea brings a wealth of experience and unwavering dedication to upending systemic barriers…
German Manufacturer Spelsberg Chooses Sciforma PPM for Project, Resource, and Budget Planning
Leading Project and Portfolio Management (PPM) software provider Sciforma announces a new client: Günther Spelsberg GmbH + Co.KG. A pioneer in the electrical installation industry, Spelsberg has chosen the Sciforma PPM platform for project, resource, and budgetary planning. Founded in 1904, Günther Spelsberg has over a century’s experience in the fields of electrical installation, building…
RSA Bolsters Leadership Team with the Appointment of Kevin McAdams as Chief Financial Officer to Power Next Phase of Growth
RSA, the security-first identity leader, marked a new phase of accelerated growth today with the appointment of Kevin McAdams to its leadership team as Chief Financial Officer. Kevin brings more than 30 years of experience in financial leadership, business analysis, accounting, and management. He began his career in public accounting for KPMG, after which he…
Trellix Launches CISO Council with Top Cybersecurity Experts
New Trellix Mind of the CISO Initiative Drives Cybersecurity and AI Best Practices Trellix, the cybersecurity company delivering the future of extended detection and response (XDR), today announced its new Mind of the CISO initiative, bringing global attention to the needs of the CISO community. The collaborative efforts span an inaugural CISO Council, research, and…
Wrike Announces Ownership and Leadership Transition
Wrike Positioned to lead the Work Management Category with Continued Momentum in Product and Market Reach Wrike, a leader in collaborative work management, today announced the completion of its recapitalization and ownership transition to Symphony Technology Group (STG), a private equity firm specializing in software, data and analytics. Under the terms of the deal, Vista Equity Partners and Elliott…
