Malwarebytes lands a $100M cash injection weeks after laying off 125 employees

Malwarebytes lands a $100M cash injection weeks after laying off 125 employees

2 years ago
Anonymous $CIOZ56dzxX

https://techcrunch.com/2022/09/21/malwarebytes-vector-capital-layoffs/

Cybersecurity giant Malwarebytes has announced it has received a $100 million cash injection from Vector Capital, a private equity firm that invests in established technology businesses.

Vector Capital might not be a household name, but the company has previously invested in companies like Corel, LANDesk, RealNetworks, WatchGuard and WinZip. The firm says it usually invests in companies with at least $100 million in revenue.

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