The acquisition will involve Permira buying out shares primarily from Bain Capital Tech Opportunities and Maverick Ventures, while existing shareholders Sapphire Ventures and Macquarie Capital will also increase their stakes in BioCatch.

According to Silicon Angle, this significant injection of capital is spearheaded by Altimeter Capital Management LP, with notable participation from Point72 Ventures LLC, marking a new milestone for the company founded in 2020.

The acquisition is poised to significantly bolster Airbus’ cybersecurity portfolio, a critical component of its strategic vision aimed at enhancing the digital protection of its European and global clientele.

The company reported annual recurring revenue (ARR) surpassing $100 million and secured investments from major players such as Delta-v Capital, Standard Investments, and Rockwell Automation.

Permit.io, a provider of authorization-as-a-service solution has closed a successful $8m Series A funding round led by Scale Venture Partners and supported by other investors.

This strategic partnership will involve integrating Tenchi's SaaS platform into Accenture's managed security services to enhance defenses against supply chain security threats.

Cerbos is an open-source authorization layer to implement roles and permissions in software applications. Cerbos Cloud streamlines the implementation and management of authorization policies.

As part of the investment, ABN AMRO will integrate Hadrian technology into its platform. The company stated it has formed tens of thousands of digital endpoints as it has grown its digital infrastructure over the years.

Managed detection and response provider Lumifi Cyber has received an investment from Californian private equity firm HCAP Partners, which partnered with BOK Financial for the deal.