Nordwind leads $6m round for DriveLock
German private equity firm Nordwind Capital has led a $6m expansion round for cybersecurity software specialist DriveLock.
Other backers include existing and new shareholders. With the fresh capital, DriveLock intends to expand its product range and grow its existing presence in the US, Singapore and Australia.
Nordwind specialises in acquisitions and growth capital investments. In March 2017, it acquired Germany-based big data company B2B Media Group from the company's management.
Company
Founded in 1999, DriveLock is headquartered in Munich and is a network data security provider. It operates offices in San Francisco, Sydney and Singapore.
People
Nordwind – Hans Albrecht (manager).
DriveLock – Udo Riedel (CEO).
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