The cybersecurity firm KnowBe4, valued at $1 billion, is going public and wants to raise $100 million.
The company filed a document Friday with the Securities and Exchange Commission declaring that it has filed an initial public offering in the U.S.
KnowBe4 is valued at about $1 billion and has just over 1,000 employees, most of whom work in the firm’s downtown Clearwater headquarters.
The company has reported jumps in revenue over the past three years: $71.3 million in 2018, $120.6 million in 2019 and $174.9 million last year.
The lead underwriters are Morgan Stanley & Co., Goldman Sachs, BofA Securities and KKR Capital Markets. The Tampa Bay Business Journal, which first broke the story, reported that KKR invested $300 million into KnowBe4 in 2019.
Source: Tampa Bay Times
Can’t stop reading? Read more
CapVest-backed IPN acquires premium pet food producer Sopral from Parquest
CapVest-backed IPN acquires premium pet food producer Sopral from Parquest CapVest Partners has...
Coller Capital secures record $6.8bn for private credit secondaries fund
Coller Capital secures record $6.8bn for private credit secondaries fund Coller Capital has closed...
Ardian exits landmark Paris asset following successful repositioning strategy
Ardian exits landmark Paris asset following successful repositioning strategy Ardian has completed...