Security News > 2021 > January > Thoma Bravo invests in Venafi to deliver machine identity protection to an expanded customer base

Thoma Bravo announced the completion of its strategic growth investment in Venafi.

"We are thrilled to partner with Thoma Bravo at a time when companies around the world are realizing that the foundation of security for all digital transformation initiatives is a solid machine identity management program," said Jeff Hudson, CEO of Venafi.

"Thoma Bravo's strategic investment will allow us to build on this momentum and deliver machine identity protection solutions to an expanded customer base, while continuing to drive product innovation and growth."

"As the global digital transformation accelerates, companies are increasingly recognizing the need to secure machine-to-machine connections and communications, and they're turning to Venafi to help them," said Seth Boro, a Managing Partner at Thoma Bravo.

"As a pioneer in machine identity management, we have watched Venafi grow into the preferred partner for companies seeking to understand the range of risks facing their technology networks," said Chip Virnig, a Partner at Thoma Bravo.

"We couldn't be more excited to partner with Venafi and leverage our operational and investment capabilities to accelerate Venafi's growth and market leadership."

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