BeyondTrust, a Phoenix, AZ-based provider of context-aware solutions for privilege and vulnerability management, has been acquired by an affiliate of private equity firm Veritas Capital from private equity and venture capital firms Insight Venture Partners and Blue Cloud Ventures.
The specific terms of the deal were not disclosed.
Founded in 2008 and led by Kevin Hickey, president and CEO, BeyondTrust provides a cybersecurity integrated suite of solutions that both shrink the cyber-attack surface and contain breaches when they do occur. Customers can both mitigate user-based risks arising from misuse of system or device privileges, and identify and remediate asset vulnerabilities targeted by cyber attacks. As a result, they address both internal and external threats, while making every device – physical, virtual, mobile and cloud – secure.
The company has over 4,000 customers including organizations in the government, technology, aerospace and defense, media & entertainment, telecommunications, healthcare, pharmaceutical, education and financial services sectors.