NEW: Microsoft Vulnerabilities Report 2022 - Read the Findings of Our Annual Report Read Now

  • Partners
  • Support
  • Careers
  • English
    • Deutsch
    • français
    • español
    • 한국어
    • português
BeyondTrust
  • Products

    Privileged Password Management

    Discover, manage, audit, and monitor privileged accounts and credentials.

    • Password Safe
    • DevOps Secrets Safe
    • Privileged Access Discovery Application

    Endpoint Privilege Management

    Enforce least privilege across Windows, Mac, Linux, and Unix endpoints.

    • Windows and Mac
    • Unix and Linux
    • Active Directory Bridge

    Secure Remote Access

    Centrally manage remote access for service desks, vendors, and operators.

    • Remote Support
    • Privileged Remote Access
    • Privileged Access Discovery Application

    Cloud Security Management

    Automate the management of identities and assets across your multicloud footprint.

    • Cloud Privilege Broker

    BeyondInsight

    Experience the industry’s most innovative, comprehensive platform for privileged access management.

  • Solutions

    Use Cases

    • Cloud Security
    • Compliance
    • Cyber Insurance
    • Digital Transformation
    • Endpoint Security
    • Operational Technology
    • Ransomware
    • Service Desk Efficiency
    • Zero Trust

    Industry Applications

    • Financial Services
    • Government Agencies
    • Healthcare
    • Law Enforcement
    • Manufacturing
    • Schools & Universities

    Solutions

    The BeyondTrust Privileged Access Management portfolio is an integrated solution that provides visibility and control over all privileged accounts and users.

  • Resources

    Learn

    • Blog
    • Customer Stories
    • Competitor Comparisons
    • Datasheets
    • Videos
    • Glossary
    • Infographics
    • Podcast
    • Whitepapers

    Attend

    • Events
    • Go Beyond
    • Training
    • Webinars

    Support

    • Changelog
    • Professional Services
    • Technical Documentation

    Universal Privilege Management

    Our innovative Universal Privilege Management approach secures every user, asset, and session across your entire enterprise.

  • Company
    • About
    • Leadership
    • Core Values
    • Partners
    • Careers
  • Watch Demo
  • Contact Sales

Avecto Targets Continued Expansion in Endpoint Security with $49 Million Investment from JMI Equity

December 2, 2015

  • Blog
  • Archive
  1. Home
  2. Blog
  3. Avecto Targets Continued Expansion in Endpoint Security with $49 Million Investment from JMI Equity

Endpoint security software firm, Avecto, has received a $49 million (£32 million) minority investment from JMI Equity, a growth equity firm focused on investing in leading software and services companies. As part of the transaction, Jit Sinha, General Partner, and Suken Vakil, Principal, at JMI Equity will join the Board of Directors.

Avecto is a market leader in the large and fast-growing $3 billion endpoint security sector. Headquartered in Manchester, UK, with offices in Boston, USA, Melbourne, Australia and Frankfurt, Germany, Avecto was founded by entrepreneurs Mark Austin and Paul Kenyon in 2008. Since that time, the company has demonstrated significant growth, serving a roster of over 600 enterprise clients and adding over 100 new customers per year for the past five years. Avecto has grown revenue over 50% on a compounded annual basis since 2012, and has grown profitably every year since inception.

Avecto offers the most effective and comprehensive product suite in endpoint prevention, distinguished by its ease of use, flexibility, and advanced security. Avecto's unique Defendpoint software protects computers and servers from malware and cyberattacks at the endpoint, by controlling and removing administrator rights (Privilege Management), dynamically allowing approved applications to run (Application Control), and isolating threats (Sandboxing). These security solutions alone are each effective, but tied together and backed by privilege management in one innovative solution, they provide a new standard in efficacy and endpoint prevention. Avecto's Defendpoint software currently safeguards over five million endpoints worldwide from evolving cyber threats.

Paul Kenyon, co-CEO at Avecto said: "To this point we have created a unique endpoint suite of security products and built an enviable business all without any external funding. Our integrated product suite provides three levels of protection delivered through a single, lightweight software agent - the leading and most effective offering in a sector that is growing in importance with the continued expansion of mobile workforces operating in multiple locations at the endpoints of their corporate networks.

"The investment from JMI will enable us to significantly boost our capabilities as we add even more talent to all areas of the business in order to continue to deliver high value solutions to our expanding customer base. JMI has significant experience in growing enterprise software companies which will be invaluable as we enter this new exciting chapter."

Mark Austin, co-CEO at Avecto added: "JMI's involvement will help us to take our innovative software to more organizations across the globe as we focus on building awareness and spreading the message that prevention is possible on the endpoint. The investment will also help to expedite our ambitious R&D plans, bringing our product roadmap to life."

"Enterprises are struggling to provide security on their endpoints while simultaneously ensuring a positive user experience," said Jit Sinha, General Partner at JMI Equity. "Avecto has solved a critical pain point with Defendpoint, which organizations around the globe recognize as effective security protection."

"As a market leader in this space, Avecto has seen significant success with its product platform, which has increasing global customer demand and huge potential for future growth. We look forward to working with the Avecto team to build on its reputation for innovation and quality," added Suken Vakil, Principal at JMI Equity.

Results International acted as exclusive financial adviser to Avecto and its shareholders on this transaction.

Kevin Franks, Marketing Communications Manager

Stay Up To Date

Get the latest news, ideas, and tactics from BeyondTrust. You may unsubscribe at any time.

I agree to receive product related communications from BeyondTrust as detailed in the Privacy Policy, and I may manage my preferences or withdraw my consent at any time.

You May Also Be Interested In:

Whitepapers

IDSA Report: 2022 Trends in Securing Digital Identities

Whitepapers

Microsoft Vulnerabilities Report 2022

Whitepapers

Cybersecurity Insurance Checklist

Keep up with BeyondTrust

I agree to receive product related communications from BeyondTrust as detailed in the Privacy Policy, and I may manage my preferences or withdraw my consent at any time.

Customer Support
Contact Sales

Products

  • Endpoint Privilege Management
  • Password Management
  • Privileged Remote Access
  • DevOps Secrets Safe
  • Remote Support
  • Cloud Privilege Broker

Resources

  • Blog
  • Case Studies
  • Competitor Comparisons
  • Datasheets
  • Glossary
  • Infographics
  • Podcast
  • Videos
  • Webinars
  • Whitepapers

About

  • Company
  • Careers
  • Contact
  • Events
  • Leadership Team
  • Partner Program
  • Press
BeyondTrust Logo
  • Facebook
  • Twitter
  • LinkedIn
  • Privacy
  • Security
  • Manage Cookies
  • WEEE Compliance

Copyright © 1999 — 2022 BeyondTrust Corporation. All rights reserved. Other trademarks identified on this page are owned by their respective owners. BeyondTrust Corporation is not a chartered bank or trust company, or depository institution. It is not authorized to accept deposits or trust accounts and is not licensed or regulated by any state or federal banking authority.