Strategic growth investment · Cybersecurity
Keyfactor announces growth investment of more than $1 billion
Summit Partners led the strategic investment in machine identity and cryptographic infrastructure.
Keyfactor plans to accelerate product development, international expansion, hiring and strategic acquisitions. Existing investors Insight Partners and Sixth Street Growth will retain significant ownership following the transaction.
The company helps organizations manage the certificates, identities and cryptographic keys used by machines and software. Its expansion comes as enterprises prepare their security infrastructure for growing AI workloads and changes in cryptographic standards.
Use of funds
Develop trust infrastructure products
Expand globally
Grow teams
Support strategic acquisitions
Funding history
Strategic growth investment · This round>$1B