Tern’s portfolio company Device Authority (DA) has received a US$1.25m strategic investment from Venafi Inc, a leader in providing machine identities, especially in a data centre setting. This fits well with DA’s ‘network edge’ device management and deployment skills. Major US private equity firm Thoma Bravo recently invested in Venafi, and we assume that it is therefore supportive of Venafi’s investment in DA. The Venafi strategic move is part of a US$2.91m funding package for DA, which include ....
02 Dec 2021
$2.9m funding package for Device Authority
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$2.9m funding package for Device Authority
Tern PLC (TERN:LON) | 2.6 0 15.9% | Mkt Cap: 10.4m
- Published:
02 Dec 2021 -
Author:
Gareth Evans | Tessa Starmer -
Pages:
5
Tern’s portfolio company Device Authority (DA) has received a US$1.25m strategic investment from Venafi Inc, a leader in providing machine identities, especially in a data centre setting. This fits well with DA’s ‘network edge’ device management and deployment skills. Major US private equity firm Thoma Bravo recently invested in Venafi, and we assume that it is therefore supportive of Venafi’s investment in DA. The Venafi strategic move is part of a US$2.91m funding package for DA, which include ....