Skip to content
Ethereum Business

Ethereum Business

Disney Business

Primary Menu
  • business & finance
  • business proposal
  • Great Business
  • business
  • business news
  • finance
  • About Us
    • Advertise Here
    • Contact Us
    • Privacy Policy
    • Sitemap
  • Home
  • Mnuchin’s Liberty Fund buys control of Zimperium for $525m
  • finance

Mnuchin’s Liberty Fund buys control of Zimperium for $525m

By Randell Ortelli 1 year ago

[ad_1]

Liberty Strategic Capital, the private equity fund set up by former US Secretary of State for the Treasury Steve Mnuchin, has acquired control of mobile security solutions company Zimperium, for $525 million. This is the largest investment by Mnuchin’s fund, which was set up last year, and previously invested in the growth rounds of companies like Israeli startup Cybereason. Zimperium was founded in Israel by Zuk Avraham. 




RELATED ARTICLES




cyber security

Zimperium raises $15m from Japan’s Softbank


Cybereason raises $275m at $3.2b valuation, Mnuchin joins board






According to PitchBook, Liberty’s investors include Japanese giant SoftBank and the Saudi sovereign wealth fun PIF, which has become an indirect partner in many Israeli cybersecurity companies. This investment by Liberty is in a company based in the US, which has extensive relations with the US government. Zimperium has for many years served the US Department of Defense and its customers as well as investment banking giant J.P. Morgan.

Founded by Israelis, Zimperium is today managed from Dallas, Texas. The company has raised $100 million from Warburg Pincus, Samsung Next and SoftBank, who will all continue to hold a minority stake in the company. Zimperium was founded in Israel in 2010 to focus on cybersecurity for mobile phones with both Apple and Android operating systems. The company grew rapidly after the outbreak of the Covid pandemic as companies sought to expand their security coverage to include the phones of employees working remotely. In 2021, Zimperium’s revenue grew 53%.

Zimperium was founded by Zuk Avraham, who wrote on his LinkedIn page that he would now be concentrating on a full time position in a new startup that he has founded called ZecOps, which received publicity in Israel during the NSO-Israel Police affair. ZecOps conducted a free examination of the smartphones of former Ministry of Finance director generals Shai Babad and Keren Terner, and found that Pegasus spyware had been removed several days prior to the examination.

Published by Globes, Israel business news – en.globes.co.il – on March 30, 2022.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2022.


[ad_2]

Source link

Tags: "Taking Care Of Business, Amazon Business Credit Card, American Airlines Business Class, Att Business Login, Austin Business Journal, Best Bank For Small Business, Best Business Bank Accounts, Best Business Schools In Us, Best Business To Start, British Airways Business Class, Business Attire Men, Business Card Ideas, Business Casual Shoes For Women, Business Continuity Planning, Business Entity Search, Business Letter Template, Business Management Degree, Business Manager Facebook, Business Plan Outline, Business School Rankings, Colorado Business Search, Delaware Business Entity Search, Drop Shipping Business, Family Business Bet, Fox Business Live, Georgia Sos Business Search, Google Business Account, Harvest Small Business Finance, How To Build Business Credit, Is Saturday A Business Day, Is Sears Still In Business, Microsoft 365 Business, My Business Google, Name Generator Business, None Of Your Business, Ny Sos Business Search, Open A Business Bank Account, Pa Business Search", Plus Size Business Casual, Pnc Business Banking, Sos Business Search Ca, Sunbiz Business Search, The Business Of Being Born, Turbotax Home And Business 2020, Tx Sos Business Search, Venmo For Business, Verizon Business Plans, Virtual Address For Business, What Are Business Days, Women Business Casual

Continue Reading

Previous 6 Spring Cleaning Tips for SEO
Next Mid Wales luxury holiday park expands with multi-million HSBC finance package
May 2023
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031  
« Apr    

Archives

  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • December 2021
  • October 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • December 2020
  • November 2020
  • November 2018
  • October 2018
  • January 2017

Recent Posts

  • Unlocking the power of natural language search PRAMANA SHIFT
  • 6 Common Uses of Inventory
  • Stop Writer’s Block, Imposter Syndrome, and Other Content Fears
  • Vodafone chief Nick Read to step down this month
  • How to choose an HR system: Everything IT leaders should be looking for

BL

buildinglink.buybacklinks.online/agence-seo

Tags

""Succeeded His Business"" 2 Of Cups Business 525 Business 5 Bankruptcies Accounting Business Letter To Client Bracken Business Communications Clinic Business Account No Deposit Business Administration Fafsa Business Balance Sheet Explained Business Card Business Card Printing La Plata Business Cards Media Bar Business Card To Secret Website Business Central Png Business Coaching Site Cloudfront Business Contract Lawyer 47201 Business Marketing Pearson Quizlet" Business Milleage Leager 18 Business Mobile Broadand Plans Business Plan For Supplement Company Disrupting Digital Business Harvard Ffiec Business Continuity Templates Gauge Ear Piercing Business Good Openings For Business Letters Holton Investment Business Indianapolis Business Times Indiana Wesleyan University Business List Business In Search Engines List My Business Yahoo Lunch Susbcription Business Model Morgan Hill Business Liocense Renewal Nee Small Business Bill Signed Negotiating Business Acquisitions Practical Law Networking Trends Small Business New Business In Shorewood Il School Business Officer Being Unethical Small Business Administration Mass Small Business Comunity Small Business Corporation South Africa Small Business Depew Llc Small Business Medical Offices Chicago Small Business Office Lakewood Nj Small Business Plans Verizon Small Business Storage Array Small Business Sucess Stories South Florida Business Journal Twitter

Visit Now

Travel Bag

scorpion removal las vegas 

getlinko

tinduanhanoimoi.xyz | Magazine 7 by AF themes.

WhatsApp us