Audax Private Equity has become the Bloomberg and Cisco-backed threat intelligence software provider’s majority shareholder.
Private equity firm Audax Private Equity has paid an undisclosed amount for a majority stake in Flashpoint, a US-based cybersecurity platform developer backed by media group Bloomberg and networking technology provider Cisco.
Founded in 2012, Flashpoint has built a threat intelligence software tool that enables enterprise users to thwart and mitigate risks online, detecting fraud, corporate security and third-party risks.
The company had raised $34m in debt and equity financing in late 2019, securing $6m in equity funding from…
