Verizon Ventures, Dell Technologies Capital, NTT Docomo Ventures and MS&AD Ventures are set to exit Vdoo via a cash and stock acquisition by JFrog.
Vdoo, a US-based cybersecurity software provider backed by corporates Verizon, Dell, NTT Docomo and MS&AD, agreed on Tuesday to be purchased by software management platform developer JFrog for about $300m.
The purchase price consists of cash and about $90m of JFrog’s ordinary shares, implying the cash portion of the deal could be as much as $210m.
Founded in 2017, Vdoo operates a software product security platform that enables businesses to detect and address cybersecurity risks in internet-of-things devices.
The company…
