Venture • Software

424 Capital Invests In Security Innovation

On June 25, 2008, growth capital firm 424 Capital invested in software company Security Innovation

Investment Context
  • This is 424 Capital’s 1st transaction in the Software sector.
  • This is 424 Capital’s 1st transaction in the United States.
  • This is 424 Capital’s 1st transaction in Washington.
Investment Fate
  • Security Innovation was sold to a strategic buyer in 2024.

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Investment Summary

Date June 25, 2008
Target Security Innovation
Sector Software
Investor(s) 424 Capital
Deal Type Venture

Target Company

Security Innovation

Seattle, Washington, United States
Security Innovation provides security software and services to companies helping some of the largest businesses manage security threats. The company is dedicated to making software more resilient within the world’s most challenging environments; whether on the web, in devices, or in the cloud. Recognizing that application software no longer exists in isolation, its clients are better prepared to anticipate, navigate and reduce software security risk regardless of technology or system complexity. Security Innovation was founded in 2002 and is based in Seattle, Washington.
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Investor Overview 1

DESCRIPTION

424 Capital is a growth capital partner that makes control equity investments in lower middle-market companies within B2B Tech-Enabled Services. 424 Capital works in partnership with founders and management teams to accelerate and scale for long-term growth. Focusing primarily on investments in North America, we invest in companies that are profitable, growing, and that align with our values of honesty, integrity, and impact. 424 Capital was founded in 1995 and is headquartered in Wakefield, Massachusetts.


Deal Context for Investor #
Overall 1 of 19
Sector: Software 1 of 1
Type: Venture 1 of 1
State: Washington 1 of 2
Country: United States 1 of 19
Year: 2008 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-05-13 Farm Market ID

Westmont, Illinois, United States

Farm Market ID provides comprehensive production data to the agricultural industry. Farm Market ID was founded in 1973 and is based in Westmont, Illinois.

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