Cyberthreat intelligence firms sells for $780M | WHAT REALLY HAPPENED

Cyberthreat intelligence firms sells for $780M

Insight Partners, a leading global capital and private equity firm, has acquired Recorded Futures, an intelligence solution company that has made its name in the cybersecurity world in recent years by providing threat intelligence.

The cash deal is for $780 million. Recorded Future focuses on information related to public, private, and open source data associated with cyber intrusions. Insight had made a previous investment in the company.

Recorded Future claims to be the largest privately held threat intelligence software in the world. The company has ties to the defense and intelligence communities. Recorded Future was awarded a Defense Innovation Unit contract in September 2017. In-Q-Tel, the intelligence community’s investment arm, had made an initial investment in the company in 2010.

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