Microsoft is reportedly paying over $500m for the MassMutual Ventures and National Grid Partners-backed cybersecurity software provider.
Electricity and gas utility National Grid and insurer Massachusetts Mutual are set to exit US-based cybersecurity technology producer RiskIQ after software provider Microsoft agreed yesterday to buy it for an undisclosed amount.
The announcement came after people familiar with the matter told Bloomberg last week Microsoft was set to pay over $500m in cash for the company.
Founded in 2009, RiskIQ operates an attack surface management platform that helps enterprises identify and address vulnerabilities to cyber threats coming from outside…
