KKR Invests $55 Mln In Accessibility-as-a-Service Provider ESSENTIAL Accessibility
WASHINGTON (dpa-AFX) - KKR & Co. Inc. (KKR) announced Wednesday a $55 million investment in eSSENTIAL Accessibility or eA, a provider of Accessibility-as-a-Service.
The company noted that eA s digital accessibility platform addresses the growing demand for a comprehensive, sustainable solution amid the increase in digital divide for people with disabilities as well as the number of companies facing Americans with Disabilities Act or ADA-related litigation.
eA s platform provides the tools, technology and training needed to fix accessibility from design to code, ensuring online equality against the backdrop of more than one billion people worldwide who are living with a disability.
Cybersecurity Penetration Testing Leader NetSPI Secures $90 Million in Growth Funding Led by KKR
Investment to Fuel Innovation and Growth, Including Global Expansion and Product Innovation
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MINNEAPOLIS, May 12, 2021 /PRNewswire/ NetSPI, the leader in enterprise penetration testing and attack surface management, today announced it has raised $90 million in growth funding led by KKR, with participation from Ten Eleven Ventures. The investment will be used to further accelerate NetSPI s rapid growth by expanding the company s cybersecurity and client experience teams, investing in product innovation, and deepening operations across U.S. and international markets.
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Global private equity giant KKR has led a $90m growth funding round for cybersecurity attack testing business NetSPI.
Ten Eleven Ventures also took part in the round, which NetSPI said would be used to expand its cybersecurity and client experience teams, invest in product innovation and deep operations across US and international markets.
KKR principal Ben Pederson said, “NetSPI has built a differentiated suite of tech-enabled services that are not only enhancing cybersecurity for complex global enterprises across a wide range of industries but are simultaneously disrupting the traditional penetration testing market in order for these enterprises to security test at scale.”
KKR Leads Investment in NetSPI
Private equity firm
NetSPI, a provider of enterprise penetration testing and attack surface management, with participation from
Ten Eleven Ventures.
“The reality is that cyber security attacks today are inevitable and put organizations at grave risk,” said NetSPI president and chief executive officer
Aaron Shilts. “At NetSPI, we strive to stay one step ahead of hackers, breaches, and bad actors by focusing on prevention-based security techniques. Rooted in the founding tenets of the company, our goals are purposely aggressive to help our clients adapt to the constantly evolving threat landscape.”
“Our clients rely on us to help secure their ever-evolving attack surface by leveraging our expertise in cloud, red team, application, and network security,” continued Shilts. “This investment from KKR and Ten Eleven Ventures allows NetSPI to better meet this demand while simultaneously fueling growth and innovation as a leader in the b
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