Keyfactor Earns $1.3B Valuation After Sale of Minority Stake

Funds Comes Two Years After Insight-Backed Keyfactor Merged With CA Vendor PrimeKey
A machine identity management provider led by an ex-Tricentis executive notched a $1.3 billion valuation after getting a minority investment from Sixth Street Group. Keyfactor said the funds will support high market demand for technology that secures devices and simplifies public key infrastructure.

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