AVG Technologies

Evolution Equity Partners Raises $1.1 Billion and Doubles Down on UK and EU Cybersecurity Investment

Retrieved on: 
Thursday, April 25, 2024
Patient capital, Investment, Partner, LP, Insurance, Knowledge, IPO, AVG Technologies, Evolution, Growth, Medical device

LONDON, April 25, 2024 /PRNewswire/ -- Evolution Equity Partners announced the final closing of Evolution Technology Fund III, LP on April 16th, 2024, and total capital commitments of $ 1.1 Billion to back visionary entrepreneurs building next generation cybersecurity companies that safeguard the digital world. The fund raise was oversubscribed by existing and new limited partners representing a diversified mix of leading institutions, sovereign investors, insurance companies, endowments, foundations, fund of funds, family offices, and high-net-worth individuals. The capital commitment includes funding from British Patient Capital, the UK's largest domestic investor in venture and venture growth opportunities and a subsidiary of the British Business Bank.

Key Points: 
  • LONDON, April 25, 2024 /PRNewswire/ -- Evolution Equity Partners announced the final closing of Evolution Technology Fund III, LP on April 16th, 2024, and total capital commitments of $ 1.1 Billion to back visionary entrepreneurs building next generation cybersecurity companies that safeguard the digital world.
  • The capital committed gives Evolution Equity Partners a dedicated pool of capital to pursue opportunities for investment ranging from $20 million to $150 million in cybersecurity.
  • The firm's strategy is to build a well-diversified portfolio across key cybersecurity company building ecosystems in the United States, United Kingdom, the EU and Israel.
  • Richard Seewald, Founder and Managing Partner at Evolution Equity Partners, said, " Over the past 25 years, we have witnessed firsthand the strong cybersecurity entrepreneurial talent pool in the UK and EU.

Evolution Equity Partners Closes on $1.1 Billion for Cybersecurity Investment in Oversubscribed Fund Raise

Retrieved on: 
Tuesday, April 16, 2024
Carbon, Investment, Partner, LP, AI, Machine learning, Insurance, Growth, IPO, AVG Technologies, Computer security, OpenDNS, Creativity, Evolution, Carbon black, Knowledge, SecurityScorecard

NEW YORK, April 16, 2024 /PRNewswire/ -- Evolution Equity Partners today announced the final closing of Evolution Technology Fund III, LP and total capital commitments of $ 1.1 Billion to back visionary entrepreneurs building next generation cybersecurity companies that safeguard the digital world. The fund raise was oversubscribed by existing and new limited partners representing a diversified mix of leading institutions, sovereign investors, insurance companies, endowments, foundations, fund of funds, family offices, and high-net-worth individuals.

Key Points: 
  • The Evolution Technology Fund III LP is the largest dedicated cybersecurity fund raised to date.
  • NEW YORK, April 16, 2024 /PRNewswire/ -- Evolution Equity Partners today announced the final closing of Evolution Technology Fund III, LP and total capital commitments of $ 1.1 Billion to back visionary entrepreneurs building next generation cybersecurity companies that safeguard the digital world.
  • The fund raise was oversubscribed by existing and new limited partners representing a diversified mix of leading institutions, sovereign investors, insurance companies, endowments, foundations, fund of funds, family offices, and high-net-worth individuals.
  • Evolution Equity Partners is proud to continue to back leading cybersecurity companies."

Onapsis Appoints Tim McKnight to Board of Directors

Retrieved on: 
Thursday, April 4, 2024
Software, Internet, Data Management, Professional Services, Technology, Apps, Applications, Security, Business, Cloud, CIO, General Electric, Google Cloud, Organization, Thomson Reuters, AVG Technologies, Schlumberger, EVP, Northrop Grumman, Information, ERP, CISO, Research, SAP, Cisco, State bureau of investigation, J. R. Smith, Amazon Web Services, Fidelity Investments, Trellix, Grumman, Investment, Privacy, BAE Systems, Management

Onapsis , the market leader in business application security and compliance, today announced the appointment of Tim McKnight as an independent board director.

Key Points: 
  • Onapsis , the market leader in business application security and compliance, today announced the appointment of Tim McKnight as an independent board director.
  • Tim McKnight currently serves as an Operating Partner at SYN Ventures, leading the dedicated cyber seed fund focused on transformational and disruptive solutions.
  • McKnight is also a member of the Board of Security Advisors for Google Cloud and Amazon Web Services.
  • The Onapsis Platform is powered by the Onapsis Research Labs, the team responsible for the discovery and mitigation of more than 1,000 zero-day vulnerabilities in business applications.

Spin.AI Expands Channel, Product and Sales Leadership with High-Profile Hire and Key Promotions

Retrieved on: 
Wednesday, January 24, 2024
Security, Data Management, Technology, Artificial Intelligence, Software, Senior, MSP, Culture, Microsoft, Partnership, Software as a service, SLA, Spin, Growth, AVG Technologies, Davit, Product management, Organization, MSSP, Google Workspace

"We also proudly acknowledge the promotions of Davit Asatryan and Arman Agaronyan, whose remarkable growth and contributions reflect our commitment to nurturing talent."

Key Points: 
  • "We also proudly acknowledge the promotions of Davit Asatryan and Arman Agaronyan, whose remarkable growth and contributions reflect our commitment to nurturing talent."
  • Davit Asatryan, previously Director of Product, has been promoted to Vice President of Product.
  • Arman Agaronyan, previously Director of Sales, has been promoted to Vice President of Sales.
  • Arman's journey from a sales engineer to leading the sales team exemplifies what’s possible at Spin.AI.

BlackBerry Appoints John Giamatteo as CEO

Retrieved on: 
Monday, December 11, 2023
Solera, NYSE, Internet of things, RealNetworks, BlackBerry, Chairperson, Compensation, Nomination, Computer security, BlackBerry Limited, IPO, Internet, TSX, AVG Technologies, Management, Nortel, Lynch

WATERLOO, ON, Dec. 11, 2023 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) today announced the appointment of John J. Giamatteo as its new Chief Executive Officer and as a member of its Board of Directors, effective immediately. Richard (Dick) Lynch, who has served as interim Chief Executive Officer since November 4, 2023, will continue as Board Chair. The Company also announced that it will separate the IoT and Cybersecurity businesses, and that they will operate as fully standalone divisions. BlackBerry will no longer pursue a subsidiary IPO of the IoT business.

Key Points: 
  • WATERLOO, ON, Dec. 11, 2023 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) today announced the appointment of John J. Giamatteo as its new Chief Executive Officer and as a member of its Board of Directors, effective immediately.
  • Giamatteo has served as the President of BlackBerry's Cybersecurity business unit since October 2021.
  • Before that, John served as Chief Operating Officer at AVG Technologies, a leading provider of internet and mobile security.
  • BlackBerry's IoT and Cybersecurity businesses have market-leading technology, exceptional teams and large market opportunities," said John J. Giamatteo.

BlackBerry Appoints John Giamatteo as CEO

Retrieved on: 
Monday, December 11, 2023
Solera, NYSE, Internet of things, RealNetworks, BlackBerry, Chairperson, Compensation, Nomination, Computer security, BlackBerry Limited, IPO, Internet, TSX, AVG Technologies, Management, Nortel, Lynch

WATERLOO, ON, Dec. 11, 2023 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) today announced the appointment of John J. Giamatteo as its new Chief Executive Officer and as a member of its Board of Directors, effective immediately. Richard (Dick) Lynch, who has served as interim Chief Executive Officer since November 4, 2023, will continue as Board Chair. The Company also announced that it will separate the IoT and Cybersecurity businesses, and that they will operate as fully standalone divisions. BlackBerry will no longer pursue a subsidiary IPO of the IoT business.

Key Points: 
  • WATERLOO, ON, Dec. 11, 2023 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) today announced the appointment of John J. Giamatteo as its new Chief Executive Officer and as a member of its Board of Directors, effective immediately.
  • Giamatteo has served as the President of BlackBerry's Cybersecurity business unit since October 2021.
  • Before that, John served as Chief Operating Officer at AVG Technologies, a leading provider of internet and mobile security.
  • BlackBerry's IoT and Cybersecurity businesses have market-leading technology, exceptional teams and large market opportunities," said John J. Giamatteo.

Merit Medical’s WRAPSODY™ Arteriovenous Access Efficacy (WAVE) Pivotal Study Completes Enrollment

Retrieved on: 
Thursday, August 3, 2023
Maintenance, Investigational device exemption, AVG, Bachelor of Medicine, Bachelor of Surgery, Ioctl, MMSI, AVG Technologies, Sale, Blood, Food and Drug Administration Amendments Act of 2007, FRCR, PMA, Data analysis, FSVM, WAVE, MD, Patient, Physician, Queen Elizabeth Hospital Birmingham, European, AV, United Kingdom, MRCP, Trial of the century, IDE, Occlusion, FDA, CIE, Queen Elizabeth Hospital, Regulation of food and dietary supplements by the U.S. Food and Drug Administration, AVF, Arteriovenous fistula, Food, Safety, Pharmaceutical industry, Medical device, Merit

SOUTH JORDAN, Utah, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Merit Medical Systems, Inc. (NASDAQ: MMSI), a leading global manufacturer and marketer of healthcare technology, today announced the completion of enrollment in its WRAPSODY Arteriovenous Access Efficacy (WAVE) pivotal study.

Key Points: 
  • SOUTH JORDAN, Utah, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Merit Medical Systems, Inc. (NASDAQ: MMSI), a leading global manufacturer and marketer of healthcare technology, today announced the completion of enrollment in its WRAPSODY Arteriovenous Access Efficacy (WAVE) pivotal study.
  • Creation and maintenance of an arteriovenous fistula or graft (AVF/AVG) to achieve long-term vascular access (access to blood vessels) is required for patients undergoing hemodialysis.
  • Merit intends to collect safety and efficacy outcomes throughout the study follow-up period.
  • Merit intends to follow patients enrolled in the WAVE study for 24 months following completion of enrollment.

Cybersecurity Global Market Report 2023: Sector is Expected to Reach $699.4 Billion in 2032 at a CAGR of 14.2%

Retrieved on: 
Thursday, May 4, 2023
Benchmark, IBM, Travel, Health, Internet, Telecommunications, Internet of things, Coronavirus, COVID-19, AVG Technologies, ITIL, Government, Organization, Cisco, Automation, Machine learning, McAfee, Artificial intelligence, Growth, Broadcom Inc., BFSI, Gen Digital, Transport, Create, Medical device, Retail, Marketing, Video game, Arms industry

DUBLIN, May 4, 2023 /PRNewswire/ -- The "Cybersecurity Global Market Opportunities and Strategies to 2032" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, May 4, 2023 /PRNewswire/ -- The "Cybersecurity Global Market Opportunities and Strategies to 2032" report has been added to ResearchAndMarkets.com's offering.
  • The market is then expected to grow at a CAGR of 14.2% from 2027 and reach $699,417.6 million in 2032.
  • The BFSI market was the largest segment of the cybersecurity market segmented by end-user accounting for 19.5% of the total in 2022.
  • Going forward, the healthcare market is expected to be the fastest growing segment in the cybersecurity market segmented by end-user, at a CAGR of 13.8% during 2022-2027.

Evolution Equity Partners Appoints Yuval Ben-Itzhak as General Partner and to Lead the Firm's "Centers of Excellence for Cybersecurity Growth Companies"

Retrieved on: 
Tuesday, March 7, 2023
Knowledge, AVG Technologies, Growth, Evolution, Unit, Computerworld, InfoWorld, Outbrain, Finjan Holdings

NEW YORK, March 7, 2023 /PRNewswire/ -- Evolution Equity Partners, a leader in cybersecurity venture capital, is thrilled to announce that Yuval Ben-Itzhak has joined the firm as a general partner. Yuval joins a team of twenty-two investment professionals with seven general partners focused on investment in best-of-breed cybersecurity companies.

Key Points: 
  • NEW YORK, March 7, 2023 /PRNewswire/ -- Evolution Equity Partners , a leader in cybersecurity venture capital, is thrilled to announce that Yuval Ben-Itzhak has joined the firm as a general partner.
  • Yuval joins a team of twenty-two investment professionals with seven general partners focused on investment in best-of-breed cybersecurity companies.
  • "We are thrilled to welcome Yuval to the Evolution Equity Partners team.
  • "I am excited to join Evolution Equity Partners and work alongside this talented team," said Yuval Ben-Itzhak.

The Antivirus Software Market Is Expected To Grow At A 4% Rate, Driven By The Rising Number Of Cyber-Attacks

Retrieved on: 
Tuesday, September 20, 2022
Cloud, Qihoo 360, AVG Technologies, Air India, Fortinet, Kaspersky Lab, Personal computer, Virus, ESET, Comodo Cybersecurity, Trend Micro, Computer, Cheetah Mobile, Privacy, Acquisition, Growth, McAfee, G Data CyberDefense, Panda Security, Symantec, Avira, Microsoft, F-Secure, Solution, Technology, Bitdefender, Lavasoft, NortonLifeLock, Hacking, Risk management, Avast

LONDON , Sept. 20, 2022 /PRNewswire/ -- The increasing number of cyber-attacks is expected to propel the growth of the antivirus software market in the coming years. A cyberattack is a cyberspace-based attack aimed at disrupting, disabling, destroying, or manipulating a computer or other device intentionally. There is an increase in hacking and data breaches on computers, laptops, and mobile phones using viruses or malware. Antivirus software can block or prevent viruses or malware from entering the device and prevent cyberattacks. For instance, in 2020, Air India, an Indian-based carrier airline company, reported hackers had compromised their servers and accessed the personal data of 4.5 million fliers. In India, in 2020 alone, 1.16 million cyber security cases were registered. Therefore, the increasing number of cyber-attacks drives the market for antivirus software industry demand.

Key Points: 
  • The Business Research Company's antivirus software market research report expands on key drivers, trends, and growth opportunities in the market.
  • LONDON, Sept. 20, 2022 /PRNewswire/ -- The increasing number of cyber-attacks is expected to propel the growth of the antivirus software market in the coming years.
  • Therefore, the increasing number of cyber-attacks drives the market for antivirus software industry demand.
  • Cloud-based antivirus is a trend gaining popularity in the antivirus software market .