www.bankinfosecurity.com Open in urlscan Pro
50.56.167.254  Public Scan

Submitted URL: http://links.ismgcorp.com/MDUxLVpYSS0yMzcAAAGGViJZOSj6EwLPxhdGRppZREe0_MlY89C9i2ojsv_q0rH8Fe25CQsSOs8RNdp_NWueG8ojE4A=
Effective URL: https://www.bankinfosecurity.com/thoma-bravo-eyes-darktrace-acquisition-in-take-private-spree-a-19815?rf=2022-08-19__ACQ_BIS__Slo...
Submission: On August 22 via api from SG — Scanned from DE

Form analysis 13 forms found in the DOM

Name: browser_notifications

<form name="browser_notifications" id="bnotifications_form">
  <input type="hidden" name="form_token" value="cbb2eaa17ce5ac472ca392bd0943c200fd8ddf6b55c643916be60cda01ea1a9a">
</form>

/search.php

<form action="/search.php">
  <input type="hidden" name="form_token" value="cbb2eaa17ce5ac472ca392bd0943c200fd8ddf6b55c643916be60cda01ea1a9a">
  <input type="search" name="keywords" placeholder="Search">
  <input type="hidden" name="reset" value="1">
  <div id="search-icon-over-input">
    <i class="fa fa-search"></i>
  </div>
</form>

/search.php

<form action="/search.php">
  <input type="hidden" name="form_token" value="cbb2eaa17ce5ac472ca392bd0943c200fd8ddf6b55c643916be60cda01ea1a9a">
  <input type="search" name="keywords" placeholder="Search">
  <input type="hidden" name="reset" value="1">
</form>

Name: newsletter-pop-under-formPOST

<form action="" method="post" id="newsletter-pop-under-form" name="newsletter-pop-under-form" role="form" novalidate="novalidate">
  <input type="hidden" name="form_token" value="cbb2eaa17ce5ac472ca392bd0943c200fd8ddf6b55c643916be60cda01ea1a9a">
  <input type="hidden" name="source" value="register_daily_newsletter">
  <div class="form-group-lg input-group">
    <label for="newsletter_email" class="sr-only">Email address</label>
    <input class="form-control input-lg input-mobile-xsmall" type="email" id="registration-txt-email" name="email" placeholder="Email address">
    <span class="input-group-btn">
      <button type="button" id="newsletter_submit_btn1" class="btn btn-primary btn-lg input-mobile-xsmall" onclick="$('#newsletter-pop-under').toggle('blind', {}, 1000);">Submit</button>
    </span>
  </div>
  <p class="top10">By submitting this form you agree to our <a href="/tos" target="_blank">Privacy &amp; GDPR Statement</a></p>
  <div id="newsletter-pop-under" style="display: none;">
    <div class="form-group col-sm-12 txt-col">
      <h6>Please fill out the following fields:</h6>
      <input type="text" class="form-control form-text tb-company" id="registration-txt-company" name="inst_name" placeholder="Company" title="Company">
    </div>
    <div class="form-group ">
      <div class="col-sm-6 txt-col">
        <input type="text" class="form-control form-text tb-phone" id="registration-text-phone" name="phone" placeholder="Phone" title="Phone">
      </div>
      <div class="col-sm-6 select-col">
        <select class="form-control form-select select-country" id="registration-select-country" name="country">
          <option value="">Country</option>
          <option value="US">United States</option>
          <option value="CA">Canada</option>
          <option value="IN">India</option>
          <option value="AF">Afghanistan</option>
          <option value="AL">Albania</option>
          <option value="DZ">Algeria</option>
          <option value="AS">American Samoa</option>
          <option value="AD">Andorra</option>
          <option value="AO">Angola</option>
          <option value="AI">Anguilla</option>
          <option value="AG">Antigua &amp; Barbuda</option>
          <option value="AR">Argentina</option>
          <option value="AM">Armenia</option>
          <option value="AW">Aruba</option>
          <option value="AU">Australia</option>
          <option value="AT">Austria</option>
          <option value="AZ">Azerbaijan</option>
          <option value="BS">Bahamas</option>
          <option value="BH">Bahrain</option>
          <option value="BD">Bangladesh</option>
          <option value="BB">Barbados</option>
          <option value="BY">Belarus</option>
          <option value="BE">Belgium</option>
          <option value="BZ">Belize</option>
          <option value="BJ">Benin</option>
          <option value="BM">Bermuda</option>
          <option value="BT">Bhutan</option>
          <option value="BO">Bolivia</option>
          <option value="BA">Bosnia &amp; Herzegovina</option>
          <option value="BW">Botswana</option>
          <option value="BR">Brazil</option>
          <option value="VG">British Virgin Islands</option>
          <option value="BN">Brunei</option>
          <option value="BG">Bulgaria</option>
          <option value="BF">Burkina Faso</option>
          <option value="BI">Burundi</option>
          <option value="KH">Cambodia</option>
          <option value="CM">Cameroon</option>
          <option value="CV">Cape Verde</option>
          <option value="KY">Cayman Islands</option>
          <option value="CF">Central African Republic</option>
          <option value="TD">Chad</option>
          <option value="CL">Chile</option>
          <option value="CN">China</option>
          <option value="CO">Colombia</option>
          <option value="KM">Comoros</option>
          <option value="CK">Cook Islands</option>
          <option value="CR">Costa Rica</option>
          <option value="CI">Côte d’Ivoire</option>
          <option value="HR">Croatia</option>
          <option value="CU">Cuba</option>
          <option value="CY">Cyprus</option>
          <option value="CZ">Czechia</option>
          <option value="CG">Democratic Republic of the Congo</option>
          <option value="DK">Denmark</option>
          <option value="DJ">Djibouti</option>
          <option value="DM">Dominica</option>
          <option value="DO">Dominican Republic</option>
          <option value="EC">Ecuador</option>
          <option value="EG">Egypt</option>
          <option value="SV">El Salvador</option>
          <option value="GQ">Equatorial Guinea</option>
          <option value="ER">Eritrea</option>
          <option value="EE">Estonia</option>
          <option value="SZ">Eswatini</option>
          <option value="ET">Ethiopia</option>
          <option value="FO">Faroe Islands</option>
          <option value="FJ">Fiji</option>
          <option value="FI">Finland</option>
          <option value="FR">France</option>
          <option value="GF">French Guiana</option>
          <option value="PF">French Polynesia</option>
          <option value="GA">Gabon</option>
          <option value="GM">Gambia</option>
          <option value="GE">Georgia</option>
          <option value="DE">Germany</option>
          <option value="GH">Ghana</option>
          <option value="GI">Gibraltar</option>
          <option value="GR">Greece</option>
          <option value="GL">Greenland</option>
          <option value="GD">Grenada</option>
          <option value="GP">Guadeloupe</option>
          <option value="GU">Guam</option>
          <option value="GT">Guatemala</option>
          <option value="GN">Guinea</option>
          <option value="GW">Guinea-Bissau</option>
          <option value="GY">Guyana</option>
          <option value="HT">Haiti</option>
          <option value="HN">Honduras</option>
          <option value="HK">Hong Kong</option>
          <option value="HU">Hungary</option>
          <option value="IS">Iceland</option>
          <option value="ID">Indonesia</option>
          <option value="IR">Iran</option>
          <option value="IQ">Iraq</option>
          <option value="IE">Ireland</option>
          <option value="IL">Israel</option>
          <option value="IT">Italy</option>
          <option value="JM">Jamaica</option>
          <option value="JP">Japan</option>
          <option value="JO">Jordan</option>
          <option value="KZ">Kazakhstan</option>
          <option value="KE">Kenya</option>
          <option value="KI">Kiribati</option>
          <option value="XK">Kosovo</option>
          <option value="KW">Kuwait</option>
          <option value="KG">Kyrgyzstan</option>
          <option value="LA">Laos</option>
          <option value="LV">Latvia</option>
          <option value="LB">Lebanon</option>
          <option value="LS">Lesotho</option>
          <option value="LR">Liberia</option>
          <option value="LY">Libya</option>
          <option value="LI">Liechtenstein</option>
          <option value="LT">Lithuania</option>
          <option value="LU">Luxembourg</option>
          <option value="MO">Macao</option>
          <option value="MG">Madagascar</option>
          <option value="MW">Malawi</option>
          <option value="MY">Malaysia</option>
          <option value="MV">Maldives</option>
          <option value="ML">Mali</option>
          <option value="MT">Malta</option>
          <option value="MH">Marshall Islands</option>
          <option value="MQ">Martinique</option>
          <option value="MR">Mauritania</option>
          <option value="MU">Mauritius</option>
          <option value="YT">Mayotte</option>
          <option value="MX">Mexico</option>
          <option value="FM">Micronesia</option>
          <option value="MD">Moldova</option>
          <option value="MC">Monaco</option>
          <option value="MN">Mongolia</option>
          <option value="MS">Montserrat</option>
          <option value="MA">Morocco</option>
          <option value="MZ">Mozambique</option>
          <option value="MM">Myanmar (Burma)</option>
          <option value="NA">Namibia</option>
          <option value="NR">Nauru</option>
          <option value="NP">Nepal</option>
          <option value="NL">Netherlands</option>
          <option value="NC">New Caledonia</option>
          <option value="NZ">New Zealand</option>
          <option value="NI">Nicaragua</option>
          <option value="NE">Niger</option>
          <option value="NG">Nigeria</option>
          <option value="NU">Niue</option>
          <option value="MK">North Macedonia</option>
          <option value="MP">Northern Mariana Islands</option>
          <option value="NO">Norway</option>
          <option value="OM">Oman</option>
          <option value="PK">Pakistan</option>
          <option value="PW">Palau</option>
          <option value="PA">Panama</option>
          <option value="PG">Papua New Guinea</option>
          <option value="PY">Paraguay</option>
          <option value="PE">Peru</option>
          <option value="PH">Philippines</option>
          <option value="PL">Poland</option>
          <option value="PT">Portugal</option>
          <option value="PR">Puerto Rico</option>
          <option value="QA">Qatar</option>
          <option value="RO">Romania</option>
          <option value="RU">Russia</option>
          <option value="RW">Rwanda</option>
          <option value="WS">Samoa</option>
          <option value="SM">San Marino</option>
          <option value="ST">São Tomé &amp; Príncipe</option>
          <option value="SA">Saudi Arabia</option>
          <option value="SN">Senegal</option>
          <option value="RS">Serbia</option>
          <option value="SC">Seychelles</option>
          <option value="SL">Sierra Leone</option>
          <option value="SG">Singapore</option>
          <option value="SK">Slovakia</option>
          <option value="SI">Slovenia</option>
          <option value="SB">Solomon Islands</option>
          <option value="SO">Somalia</option>
          <option value="ZA">South Africa</option>
          <option value="KR">South Korea</option>
          <option value="ES">Spain</option>
          <option value="LK">Sri Lanka</option>
          <option value="KN">St. Kitts &amp; Nevis</option>
          <option value="LC">St. Lucia</option>
          <option value="VC">St. Vincent &amp; Grenadines</option>
          <option value="SD">Sudan</option>
          <option value="SR">Suriname</option>
          <option value="SJ">Svalbard &amp; Jan Mayen</option>
          <option value="SE">Sweden</option>
          <option value="CH">Switzerland</option>
          <option value="SY">Syria</option>
          <option value="TW">Taiwan</option>
          <option value="TJ">Tajikistan</option>
          <option value="TZ">Tanzania</option>
          <option value="TH">Thailand</option>
          <option value="TP">Timor-Leste</option>
          <option value="TG">Togo</option>
          <option value="TO">Tonga</option>
          <option value="TT">Trinidad &amp; Tobago</option>
          <option value="TN">Tunisia</option>
          <option value="TR">Turkey</option>
          <option value="TM">Turkmenistan</option>
          <option value="TC">Turks &amp; Caicos Islands</option>
          <option value="TV">Tuvalu</option>
          <option value="VI">U.S. Virgin Islands</option>
          <option value="UG">Uganda</option>
          <option value="UA">Ukraine</option>
          <option value="AE">United Arab Emirates</option>
          <option value="GB">United Kingdom</option>
          <option value="UY">Uruguay</option>
          <option value="UZ">Uzbekistan</option>
          <option value="VU">Vanuatu</option>
          <option value="VA">Vatican</option>
          <option value="VE">Venezuela</option>
          <option value="VN">Vietnam</option>
          <option value="EH">Western Sahara</option>
          <option value="YE">Yemen</option>
          <option value="ZM">Zambia</option>
          <option value="ZW">Zimbabwe</option>
        </select>
      </div>
    </div>
    <div class="form-group col-sm-12 select-col top15">
      <select class="form-control form-select select-title-level " id="registration-select-title-level" name="title_level" placeholder="Title" title="Title Level">
        <option value="">Title Level</option>
        <option value="55">Analytics/Architecture/Engineering</option>
        <option value="47">Attorney / General Counsel / Counsel</option>
        <option value="25">AVP</option>
        <option value="50">Board of Director</option>
        <option value="58">C - level</option>
        <option value="22">C Level - Other</option>
        <option value="19">CCO</option>
        <option value="15">CEO / President</option>
        <option value="16">CFO</option>
        <option value="49">Chairperson</option>
        <option value="21">CIO</option>
        <option value="18">CISO / CSO</option>
        <option value="57">CISO/CSO/CIO</option>
        <option value="17">COO</option>
        <option value="20">CRO</option>
        <option value="34">CTO</option>
        <option value="26">Director</option>
        <option value="23">EVP / SVP / FVP</option>
        <option value="53">Head</option>
        <option value="54">Healthcare Professional</option>
        <option value="60">Manager</option>
        <option value="27">Manager / Supervisor</option>
        <option value="36">Partner</option>
        <option value="56">Specialist/Other</option>
        <option value="59">Staff</option>
        <option value="24">VP</option>
        <option>--Other Title Level--</option>
      </select>
    </div>
    <div class="form-group col-sm-12 select-col" id="newsletter-pop-under-txt-other-title-level-col">
      <input type="text" class="form-control form-text tb-other-title-level" style="display: none;" id="newsletter-pop-under-txt-other-title-level" name="title_other" placeholder="Other Title Level" title="Other Title Level">
    </div>
    <div class="form-group col-sm-12 select-col">
      <select class="form-control form-select select-job-function" id="registration-select-job-function" name="job_function" placeholder="Job Function" title="Job Function">
        <option value="">Job Function</option>
        <option value="48">Anti-Money Laundering (AML)</option>
        <option value="21">Audit</option>
        <option value="71">BSA</option>
        <option value="52">Business Continuity/Disaster Recovery</option>
        <option value="45">Business Development</option>
        <option value="27">Cashier / Customer Service / Administrative</option>
        <option value="19">Clinical Healthcare Professional</option>
        <option value="74">Cloud - IT</option>
        <option value="73">Cloud - Security</option>
        <option value="70">Compliance</option>
        <option value="23">Compliance / BSA</option>
        <option value="39">Data Management</option>
        <option value="42">Debit/Credit Card/Electronic Banking</option>
        <option value="24">eCommerce / eBusiness</option>
        <option value="11">Executive Management</option>
        <option value="14">Finance / Accounting</option>
        <option value="12">Founder / Owner</option>
        <option value="20">Fraud</option>
        <option value="18">HR / Training</option>
        <option value="33">Information Security</option>
        <option value="16">Information Technology</option>
        <option value="26">Legal</option>
        <option value="37">Lending</option>
        <option value="41">Loss Prevention</option>
        <option value="15">Marketing</option>
        <option value="35">Network / Systems / Web</option>
        <option value="75">Operational Technology</option>
        <option value="13">Operations</option>
        <option value="69">Others</option>
        <option value="54">Policies / Procedures</option>
        <option value="43">Product Management</option>
        <option value="47">Project</option>
        <option value="65">Regulatory Affairs</option>
        <option value="22">Risk Management</option>
        <option value="25">Sales</option>
        <option value="17">Security / Privacy</option>
        <option value="57">Vendor Management</option>
        <option>--Other Job Function--</option>
      </select>
    </div>
    <div class="form-group col-md-12 select-col" id="newsletter-pop-under-txt-other-job-function-col">
      <input type="text" class="form-control form-text tb-other-job-function" style="display: none;" id="newsletter-pop-under-txt-other-job-function" name="job_other" placeholder="Other Job Function" title="Other Job Function">
    </div>
    <div class="col-md-12" id="newsletter-pop-under-subscription-preferences">
      <h6>Subscription Preferences:</h6>
    </div>
    <div class="form-group row">
      <div class="col-md-4 chk-col">
        <div class="col-xs-4 col-sm-2 col-md-3">
          <label class="checkbox-inline" for="pop_BIS_enews1">
            <input type="checkbox" class="enews_option" name="BIS_enews" id="pop_BIS_enews1" checked=""> BankInfoSecurity </label>
        </div>
      </div>
      <div class="col-md-8 chk-col">
        <div class="col-xs-7 col-sm-2 col-xs-offset-1 col-md-3">
          <label class="checkbox-inline text-nowrap" for="pop_IR_enews1">
            <input type="checkbox" class="enews_option" name="IR_enews" id="pop_IR_enews1" checked="">InfoRiskToday</label>
        </div>
      </div>
    </div>
    <div class="form-group row newletter-pop-under-prefs">
      <div class="col-md-4 chk-col">
        <div class="col-xs-4 col-sm-2 col-md-3 chk-col-lv2">
          <label class="checkbox-inline text-nowrap" for="pop_DBT_enews1">
            <input type="checkbox" class="enews_option" name="DBT_enews" id="pop_DBT_enews1" checked="">DataBreachToday</label>
        </div>
      </div>
      <div class="col-md-8 chk-col">
        <div class="col-xs-7 col-sm-2 col-xs-offset-1  col-md-3  chk-col-lv2">
          <label class="checkbox-inline text-nowrap" for="pop_CAIS_enews1">
            <input type="checkbox" class="enews_option" name="CAIS_enews" id="pop_CAIS_enews1" checked="">CareersInfoSecurity</label>
        </div>
      </div>
    </div>
    <div class="text-center">
      <button type="submit" class="btn btn-primary" id="newsletter_submit_btn2">Subscribe</button>
    </div>
  </div>
</form>

<form action="" class="">
  <input type="hidden" name="form_token" value="cbb2eaa17ce5ac472ca392bd0943c200fd8ddf6b55c643916be60cda01ea1a9a">
  <h4 class="title" style="padding-left: 0;">Newsletter</h4>
  <div class="form-group  input-group">
    <label for="email_footer" class="sr-only">Email address</label>
    <input type="email" id="email_footer" class="form-control" placeholder="Email">
    <span class="input-group-btn">
      <button class="btn btn-primary pull-right" type="button" onclick="$('#newsletter-register-modal-txt-email').val($('#email_footer').val());$('#modalNewsletterRegister').modal('show');">Sign up</button>
    </span>
  </div>
  <small>By submitting this form you agree to our <a href="/tos" target="_blank">Privacy &amp; GDPR Statement</a></small>
</form>

<form id="newsletter-register-modal-form" role="form" novalidate="novalidate">
  <input type="hidden" name="form_token" value="cbb2eaa17ce5ac472ca392bd0943c200fd8ddf6b55c643916be60cda01ea1a9a">
  <input type="hidden" name="source" value="register_newsletter">
  <div class="form-group col-md-12 text-col">
    <h6>Please fill out the following fields<br> (All fields required):</h6>
    <input type="email" class="form-control form-text tb-email" id="newsletter-register-modal-txt-email" name="email" placeholder="Email" title="Email">
  </div>
  <div class="form-group col-md-12 txt-col">
    <input type="text" class="form-control form-text tb-company" id="newsletter-register-modal-txt-company" name="inst_name" placeholder="Company" title="Company">
  </div>
  <div class="form-group ">
    <div class="col-md-6 txt-col ">
      <input type="text" class="form-control form-text tb-phone" id="newsletter-register-modal-txt-phone" name="phone" placeholder="Phone" title="Phone">
    </div>
  </div>
  <div class="form-group ">
    <div class="col-md-6 select-col ">
      <select class="form-control form-select select-country" id="newsletter-register-modal-select-country" name="country">
        <option value="">Country</option>
        <option value="US">United States</option>
        <option value="CA">Canada</option>
        <option value="IN">India</option>
        <option value="AF">Afghanistan</option>
        <option value="AL">Albania</option>
        <option value="DZ">Algeria</option>
        <option value="AS">American Samoa</option>
        <option value="AD">Andorra</option>
        <option value="AO">Angola</option>
        <option value="AI">Anguilla</option>
        <option value="AG">Antigua &amp; Barbuda</option>
        <option value="AR">Argentina</option>
        <option value="AM">Armenia</option>
        <option value="AW">Aruba</option>
        <option value="AU">Australia</option>
        <option value="AT">Austria</option>
        <option value="AZ">Azerbaijan</option>
        <option value="BS">Bahamas</option>
        <option value="BH">Bahrain</option>
        <option value="BD">Bangladesh</option>
        <option value="BB">Barbados</option>
        <option value="BY">Belarus</option>
        <option value="BE">Belgium</option>
        <option value="BZ">Belize</option>
        <option value="BJ">Benin</option>
        <option value="BM">Bermuda</option>
        <option value="BT">Bhutan</option>
        <option value="BO">Bolivia</option>
        <option value="BA">Bosnia &amp; Herzegovina</option>
        <option value="BW">Botswana</option>
        <option value="BR">Brazil</option>
        <option value="VG">British Virgin Islands</option>
        <option value="BN">Brunei</option>
        <option value="BG">Bulgaria</option>
        <option value="BF">Burkina Faso</option>
        <option value="BI">Burundi</option>
        <option value="KH">Cambodia</option>
        <option value="CM">Cameroon</option>
        <option value="CV">Cape Verde</option>
        <option value="KY">Cayman Islands</option>
        <option value="CF">Central African Republic</option>
        <option value="TD">Chad</option>
        <option value="CL">Chile</option>
        <option value="CN">China</option>
        <option value="CO">Colombia</option>
        <option value="KM">Comoros</option>
        <option value="CK">Cook Islands</option>
        <option value="CR">Costa Rica</option>
        <option value="CI">Côte d’Ivoire</option>
        <option value="HR">Croatia</option>
        <option value="CU">Cuba</option>
        <option value="CY">Cyprus</option>
        <option value="CZ">Czechia</option>
        <option value="CG">Democratic Republic of the Congo</option>
        <option value="DK">Denmark</option>
        <option value="DJ">Djibouti</option>
        <option value="DM">Dominica</option>
        <option value="DO">Dominican Republic</option>
        <option value="EC">Ecuador</option>
        <option value="EG">Egypt</option>
        <option value="SV">El Salvador</option>
        <option value="GQ">Equatorial Guinea</option>
        <option value="ER">Eritrea</option>
        <option value="EE">Estonia</option>
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Name: asset-email-share-modal

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        <p class="asset-title">Thoma Bravo Eyes Darktrace Acquisition in Take-Private Spree</p>
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        <a href="https://www.bankinfosecurity.com/thoma-bravo-eyes-darktrace-acquisition-in-take-private-spree-a-19815" class="asset-link">https://www.bankinfosecurity.com/thoma-bravo-eyes-darktrace-acquisition-in-take-private-spree-a-19815</a>
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THOMA BRAVO EYES DARKTRACE ACQUISITION IN TAKE-PRIVATE SPREE

Darktrace Talks Follow Recent Thoma Bravo Moves to Buy SailPoint and Ping
Identity Michael Novinson (MichaelNovinson) • August 16, 2022    
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Thoma Bravo is eyeing its third take-private cybersecurity deal of 2022,
initiating talks with Darktrace just months after agreeing to buy SailPoint and
Ping Identity.

See Also: Webinar | Prevent, Detect & Restore: Data Security Backup Systems Made
Easy

The Cambridge, England-based cybersecurity AI vendor says it's in the early
stages of discussions with private equity giant Thoma Bravo regarding a possible
cash offer for all 710.8 million outstanding shares of Darktrace stock. Under
United Kingdom regulations, Thoma Bravo must announce by the end of Sept. 12
whether or not it intends to make an acquisition offer for Darktrace.

Darktrace's stock is up $1.02, or 20.4%, to $6.02 per share since Monday's
disclosure of acquisition talks with Thoma Bravo. The company currently has a
valuation of $4.27 billion. The acquisition talks come just 16 months after
Darktrace completed a London Stock Exchange initial public offering that raised
$199.4 million on a $2.05 billion valuation, according to Crunchbase (see: Black
Hat: Incident Recovery, Threat Hunts & Blockchain Woes).

Discussions are at a preliminary stage and there can be no certainty either that
an offer will be made or what the terms of the offer would be, according to
Darktrace. Investment banking giants Jefferies and Lazard are serving as
financial advisers to Darktrace in the deal talks. Both Darktrace and Thoma
Bravo declined an Information Security Media Group request for comment.


RIDING THE GROWTH, PROFITABILITY WAVES

Darktrace was the first cybersecurity company to go public on the London Stock
Exchange since May 2018, when Prague, Czech Republic-based endpoint security
behemoth Avast raised $827.2 million on a $3.3 billion valuation, Crunchbase
found. Prior to that, platform security vendor Sophos raised $125 million in a
June 2015 IPO offering that valued the Oxford, U.K.-based company at $1.6
billion.

The company has experienced massive growth in recent years, with sales expected
to jump to at least $417 million in the fiscal year ending June 30, 2022, up 48%
from $281.3 million in fiscal 2021. Darktrace projects revenue growth of between
29% and 32% in the fiscal year ending June 30, 2023, which will be dampened by
the weakness of the British pound in comparison to the U.S. dollar.

"We saw demand for our products continuing to grow as organizations seek to
protect themselves from growing cyberthreats," said Darktrace CEO Poppy
Gustafsson. "We expect this business momentum to continue into FY 2023." In
light of geopolitical conflicts in the world, she adds, "long-term cyber risk is
an even higher priority for chief information and security officers and senior
executives."

Darktrace generated a net profit of $5.9 million in the six months ended Dec.
31, 2021, as compared with a net loss of $48.4 million during the second half of
2020. The company's profitability in the back half of 2020 was brought down to
$42.7 million of nonrecurring finance costs related to eliminated convertible
loan notes. The company hasn't given profitability projections for the 2022
calendar year.

The company in February purchased attack surface management vendor Cybersprint
for $53.7 million to give customers insights that help eliminate blind spots and
detect risks. Darktrace says The Hague, Netherlands-based Cybersprint can enrich
existing Darktrace products with external vulnerability data and accelerate
Darktrace's entry into new areas, such as proactive AI cybersecurity.

Darktrace had a balanced geographic footprint in the six months ended Dec. 31,
2021, with 38% of business coming from the United States and Canada, 17% of
business coming from the United Kingdom, 24% from the rest of Europe, and 21%
from the rest of the world. The company says it had more than 7,400 customers as
of June 30, up 32% from a year earlier.

The company currently employs 2,270 people, up 33% from this time last year,
according to LinkedIn. Darktrace says it grew its development team by 63% during
the second half of 2021. The company was founded in 2013 and raised $230.5
million in eight rounds of outside funding prior to its IPO, according to
Crunchbase.


FINDING DEALS IN A DOWN MARKET

Thoma Bravo has capitalized on the recent market downturn to acquire publicly
traded cybersecurity vendors at a discount, agreeing in April to scoop up
identity governance firm SailPoint for $6.9 billion and inking a deal earlier
this month to buy identity and access management vendor Ping Identity for $2.8
billion.

The private equity firm has holdings in many other areas of cybersecurity thanks
to an aggressive M&A strategy. In recent years, Thoma Bravo has purchased email
security vendor Proofpoint for $12.3 billion in August 2021, SMB security
stalwart Sophos for $3.82 billion in October 2019, application and data
protection vendor Imperva for $2.1 billion in October 2018, and SIEM vendor
LogRhythm in July 2018.

Thoma Bravo has earned an impressive return on two of its recent cybersecurity
investments. The private equity firm on Tuesday closed its sale of Barracuda
Networks to KKR for a reported $4 billion. Thoma Bravo first took the SMB
platform security vendor private for $1.6 billion in February 2018.

And in March 2022, Thoma Bravo sold a majority stake in Veracode to TA
Associates in a deal valuing the application security vendor at $2.5 billion.
The private equity firm bought Veracode in November 2018 for $950 million
following Broadcom's purchase of CA Technologies, which at the time owned
Veracode.

The firm bought a controlling stake in identity management vendor Centrify in
July 2018 and three months later unveiled plans to spin the company's
identity-as-a-service business into a stand-alone operation called Idaptive.
Thoma Bravo sold Idaptive to Centrify rival CyberArk in May 2020 for $70 million
and sold Centrify to TPG in January, when the company merged with Thycotic to
form Delinea.

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Previous
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ABOUT THE AUTHOR

MICHAEL NOVINSON

Managing Editor, Business, ISMG

Novinson is responsible for covering the vendor and technology landscape. Prior
to joining ISMG, he spent four and a half years covering all the major
cybersecurity vendors at CRN, with a focus on their programs and offerings for
IT service providers. He was recognized for his breaking news coverage of the
August 2019 coordinated ransomware attack against local governments in Texas as
well as for his continued reporting around the SolarWinds hack in late 2020 and
early 2021.



--------------------------------------------------------------------------------


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and #CyberArk to see how PAM as-a-Service can manage #Cybe…

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RISK MANAGEMENT FRAMEWORK: LEARN FROM NIST

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Overview

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From heightened risks to increased regulations, senior leaders at all levels are
pressured to improve their organizations' risk management capabilities. But no
one is showing them how - until now.

Learn the fundamentals of developing a risk management program from the man who
wrote the book on the topic: Ron Ross, computer scientist for the National
Institute of Standards and Technology. In an exclusive presentation, Ross, lead
author of NIST Special Publication 800-37 - the bible of risk assessment and
management - will share his unique insights on how to:

 * Understand the current cyber threats to all public and private sector
   organizations;
 * Develop a multi-tiered risk management approach built upon governance,
   processes and information systems;
 * Implement NIST's risk management framework, from defining risks to selecting,
   implementing and monitoring information security controls.


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Sr. Computer Scientist & Information Security Researcher, National Institute of
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