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Insight Partners acquires majority stake in Detectify for accelerating product innovation

PRIVATEOct 28, 2024

Acquiring Company

Insight Partners

Acquired Company

Detectify

New YorkStockholmHardwareSoftwareData And AnalyticsScience And EngineeringArtificial IntelligenceSecurity

Description

Global software investor Insight Partners has acquired a majority stake in Detectify, an Attack Surface Management platform for AppSec teams. This acquisition reinforces Insight Partners' commitment to supporting Detectify's vision and will provide funding to accelerate product innovation and drive profitable growth.

Company Information

Company

Insight Partners

Location

New York, New York, United States

About

Insight Partners is a global software investor partnering with high-growth technology, software, and Internet startup and ScaleUp companies that are driving transformative change in their industries. As of December 31, 2023, the firm has over $80B in regulatory assets under management. Insight Partners has invested in more than 800 companies worldwide and has seen over 55 portfolio companies achieve an IPO. Headquartered in New York City, Insight has offices in London, Tel Aviv, and the Bay Area. Insight's mission is to find, fund, and work successfully with visionary executives, providing them with tailored, hands-on software expertise along their growth journey, from their first investment to IPO.

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Frequently asked

Who acquired Detectify?

Detectify was acquired by Insight Partners, based in New York. The deal was reported on October 28, 2024. Insight Partners is a global software investor partnering with high-growth technology, software, and Internet startup and ScaleUp companies that are driving transformative change in their industries. Insight Partners is privately held and operates in Hardware.

When did Insight Partners acquire Detectify?

Insight Partners's acquisition of Detectify was reported on October 28, 2024. Global software investor Insight Partners has acquired a majority stake in Detectify, an Attack Surface Management platform for AppSec teams. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Detectify do?

Detectify sets the standard for advanced application security testing, using a combination of light and deep scanning to provide comprehensive attack surface coverage. It is privately held, operating in Security, and is based in Stockholm.

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