Venafi
Machine identity security for the enterprise
Jun
2015
Company Event
$39M led by QuestMark Partners
Jan
2016
Frazier Event
The first of several Frazier VC Fund I secondary purchases through 2017
Jan
2018
Frazier Event
The first of several Frazier VC Fund II secondary purchases through 2019
Nov
2018
Company Event
$100M led by TCV
Dec
2020
Company Event
Thoma Bravo ~$1.15B valuation
Oct
2024
Company Event
Acquired by CyberArk for ~$1.54B
Capital Events Timeline
Company Overview
Venafi is a cybersecurity company focused on machine identity management, helping enterprises secure machine-to-machine connections by orchestrating cryptographic keys and digital certificates.
Why We Invested
Venafi sat at the center of enterprise security operations managing and protecting machine identities at scale, with increasing urgency as cloud adoption expands.
Investment Vehicle
Frazier VC Fund I, Frazier VC Fund II
Investor
Frazier VC
Founded
2000
Sector
Legal, Risk & Compliance
Legal Name
Venafi, Inc.
Status
Realized
Other Investors
TCV, QuestMark Partners, Intel Capital, Silver Lake Waterman, NextEquity Partners, Thoma Bravo