- Thoma Bravo completed its strategic growth investment in Venafi, a Salt Lake City, UT-based provider of machine identity management solutions
- The deal valued the company at $1.15 billion
- Financing for the transaction was provided by Truist Securities, Interbank, Nomura Corporate Funding Americas LLC, and Barclays
- Then the investment expected to accelerate Venafi’s technology innovation
- Venafi is a provider of solutions for machine identity management, securing machine-to-machine connections and communications
- The company’s platform protects machine identity types by orchestrating cryptographic keys and digital certificates for SSL/TLS, SSH, code signing, mobile, and IoT
