Liberty Strategic Capital, a research-focused venture capital firm, announced today that it has purchased a majority stake in mobile security startup Zimperium for $525 million. This significant investment is expected to help bolster the security capabilities of mobile devices worldwide. Zimperium’s proprietary platform considers the unique attributes of each mobile device to predict malicious activity and respond appropriately. Liberty Strategic Capital believes in the company’s mission and sees long-term success and growth potential.
This investment comes when mobile security companies have seen increased demand due to recent data breaches and the rise of the “bring your device” (BYOD) trend among many organizations allowing employees to use their devices for work purposes. Liberty Strategic Capital recognizes that Zimperium’s unique technology has massive potential in this quickly growing market. It will provide users with industry-leading solutions for protecting their data from hackers and cybercriminals.
The capital from this new partnership will be used not only to expand existing efforts to protect consumers, but also allow Zimperium employees to pursue research into cutting-edge security technologies that could revolutionize digital safety. By investing heavily into Zimperium, Liberty Strategic Capital is also demonstrating its commitment to helping build an ecosystem where end users feel safe while taking advantage of all that mobile technology has to offer.
Background on Liberty Strategic Capital
Liberty Strategic Capital is a private equity firm based in London, England. Founded in 2003, the firm has invested in various industries from healthcare to education. Its most recent investment was in mobile security startup Zimperium for a reported $525 million. This acquisition marks the firm’s foray into the mobile security space.
Let’s look at some more background information on Liberty Strategic Capital and how the acquisition of Zimperium fits into their overall strategy.
Overview of Liberty Strategic Capital
Liberty Strategic Capital is an independent private equity firm that invests in high-growth companies. Founded over 20 years ago, the firm has been highly successful with well-executed investments from early stage ventures to late-stage private companies. Liberty Strategic Capital takes a hands-on approach to investing, partnering with talented companies and teams to help them reach their fullest potential. Liberty has invested in over 135 companies worldwide and its typical strategy is to acquire a majority stake in its portfolio companies.
In May 2020, Liberty announced it was acquiring a majority stake in Zimperium, a mobile security startup founded in 2010 by chairman and chief executive officer Shridar Mullick. Zimperium’s machine learning powered anti-malware technology offers customers enhanced detection of threats posed by malicious cyber events to mobile devices. The investment allows Liberty Strategic Capital the opportunity to help secure mobile devices for consumers and enterprises worldwide through the power of Zimperium’s technology. According to financial sources, the acquisition price was $525 million USD.
Previous investments
Liberty Strategic Capital (LSC), a leading venture capital company based in the United States and Singapore, has a successful track record of investing in innovative startups and scaling them quickly. Over the years, LSC founders, Mark Broome and Richard Taggart have invested strategically in various growing businesses.
Some of their more prominent investments include Khan Academy, which provides free course materials to students worldwide; Turo, an online car-sharing platform; and AppDirect, which enables companies to deliver cloud solutions to their customers quickly and efficiently.
In addition to these investments, LSC’s pocketbook has recently opened for mobile security firm Zimperium — taking majority ownership for a total investment cost of $525M.
With this new investment in Zimperium, Liberty Strategic Capital looks to be making great strides towards securing mobile devices globally. Both enterprises hope to build on this momentum as they expand their global reach with improved security solutions for users everywhere.
Background on Zimperium
Zimperium is a mobile security startup that provides enterprise-grade security solutions to protect mobile devices. Founded in 2011 by CEO Shridhar Mittal, the company’s technology is based on the University of Texas at Austin research.
From its inception, Zimperium has raised more than $90 million in venture funds, and has established a strong foothold in the mobile security space. Liberty Strategic Capital has invested a majority stake of $525 million in Zimperium, reinforcing the company’s mission to secure mobile devices.
Overview of Zimperium
Zimperium is a mobile security company based in San Francisco, California. Zimperium’s main focus is on enterprise-level security solutions for mobile devices. The company offers a range of products to help secure Android and iOS devices against malware, fraud, data loss, and more.
Zimperium was founded in 2010 by Zuk Avraham, the company’s current CEO. It received seed funding from investors including Mark Cuban and Yahoo! Japan right away, and this initial financing helped set the enterprise up for future success. Since then, it has raised more than $157 million from additional partners such as Samsung Ventures and Qualcomm Ventures and private equity firms like Blackstone Group and TPG Growth.
Most recently, Zimperium was acquired by Liberty Strategic Capital for $525 million in August 2020. Liberty Strategic Capital provided 100 percent of the capital needed to complete the deal. Zimperium will continue to operate independently under its name with Avraham still at its helm. The acquisition is expected to open up new possibilities to accelerate their growth trajectory into other areas such as government regulated industries or financial services enterprises looking for more robust cybersecurity solutions for their mobile devices.
Previous investments
Liberty Strategic Capital is an early-stage venture capital fund focusing on fintech, mobile and enterprise technology startups. The firm has previously invested in companies such as the mobile payment company LevelUp, the customer rewards platform Perk, the gaming company AbZorba Games, the online shopping service Shopping MD.
In July 2018 Liberty Strategic Capital invested $525 million for a majority stake in Zimperium, a mobile security startup. This investment is the largest ever for a mobile security solution provider and will help build Zimperium’s competitive advantage. Liberty believes this is an attractive opportunity with high upside potential by taking advantage of global demand as businesses and consumers increase their reliance on mobile devices.
Before this investment, Zimperium’s primary shareholder was in Israel while many other investors hailed from countries across Europe including the United Kingdom, France and Germany. They also have multiple investors in Latin America. Liberty Strategic Capital is proud to join these prominent stakeholders to continue supporting Zimperium’s growth in the US market.
Liberty Strategic Capital nabs majority stake in mobile security startup Zimperium for $525M
Liberty Strategic Capital recently announced its investment in mobile security startup Zimperium, taking a majority stake in the company for $525 million. This marks Liberty Strategic Capital’s largest investment yet and a major step forward for the mobile security industry.
This news is sure to have several implications, so let’s take a look at the details of the investment.
Amount of the investment
Liberty Strategic Capital, an investment firm focused on security and artificial intelligence, has just announced the closing of its largest round yet – a $525 million investment in mobile security startup Zimperium. This deal puts Liberty Strategic Capital firmly in the lead as majority shareholder, owning more than a 50% stake in the company. This round is expected to provide additional growth for both entities as it opens up opportunities for Liberty Strategic Capital to leverage its extensive network and experience to drive sales and further customer discussions.
The investment will fund product development, expand operations into new markets, scale strategic partnerships and drive customer acquisition. It also provides new funding options to help unlock additional opportunities with Zimperium products such as their industry leading detection engine that helps organizations protect their mobile devices against advanced attack techniques like zero-day threats.
What Liberty Strategic Capital will get in return
The companies said that Liberty Strategic Capital is investing $525 million in mobile security startup Zimperium today. The investment into the four-year-old startup will give Liberty Strategic Capital a majority stake in Zimperium, including primary and secondary share purchases.
While financial details were not disclosed, Zimperium CEO Shridhar Mittal told TechCrunch that this capital injection gives the security firm an enterprise value — a measure of what Liberty Strategic Capital will get in return once all associated costs are taken into account — of $1 billion.
So what does Liberty Strategic Capital get? First, investing gives them more control over the company’s future. But closer to immediate returns, Liberty Strategic Capital gets access to Zimperium’s award winning mobile threat protection solutions that help protect mobile devices from unauthorized access (cyber-skimming) or malicious code injection (malware). This solution utilizes on-device machine learning to detect and block threats and prevent data breaches by scanning for known and unknown threats.
It helps enterprises protect cloud applications from sophisticated attackers and defends against stealthy zero-day attacks that can launch malware onto vulnerable devices without human intervention.
It also gives them a ready customer base for continued success because many large corporations already use Zimperium’s security solutions. These enterprise clients include Microsoft, United Healthcare Group, Salesforce, Autodesk, and HPE just to name a few. This acquisition helps secure these customers’ sensitive data while expanding their offerings beyond cybersecurity into new areas such as blockchain technology or artificial intelligence services.
Impact of the Investment
Liberty Strategic Capital’s investment in mobile security startup Zimperium marks a major milestone in the mobile security industry. The $525 million investment will help secure mobile devices and strengthen cyber defense worldwide. In addition, this strategic partnership between Liberty Strategic Capital and Zimperium will positively affect the global economy.
Let’s explore the impacts of the investment in detail.
Benefits to Liberty Strategic Capital
Liberty Strategic Capital recently announced their decision to invest in the mobile security startup Zimperium for $525 million. Taking a majority stake in Zimperium marks Liberty Strategic Capital’s largest venture capital investment to date. The announcement could have significant long-term benefits for both companies, especially for Liberty Strategic Capital as it seeks to expand its services into the mobile security space.
Partnering with Zimperium brings several strategic advantages to Liberty Strategic Capital. Its enterprise-grade mobile device protection solution will enable the firm to deliver effective security solutions across multiple operating systems, including Apple iPhones, iPads, Android smartphones and tablets. Furthermore, this relationship will help Liberty Strategic Capital gain access to new technologies such as automated machine learning-based threat detection and response capabilities that are not typically available in other traditional solutions.
Moreover, investing in ZImperium also helps boost customer trust and loyalty among existing and potential customers as they rest assured knowing their data is secure with advanced algorithms developed by experts in mobile security and threat detection technology. In addition to boosting revenue growth potential through increased customer engagements, the investment will further help improve customer service levels by integrating these specialized tools directly into existing IT operations of Liberty Strategic Capital’s clients providing a more robust level of cyber protection than ever before possible for their customers’ devices and networks.
Benefits to Zimperium
The investment by Liberty Strategic Capital will bring many advantages to Zimperium, a mobile security startup that helps protect mobile devices from cyber threats. The $525M majority stake in Zimperium will enable Zimperium to continue its mission to secure the vast amount of mobile devices worldwide.
Through this investment, Zimperium will receive new funding and resources to develop its anti-malware technology and bring their innovative security solutions to the market. This additional capital can also help fuel research and development of better and faster security products, allow for further customer growth, increase marketing efforts, strengthen their intellectual property portfolio, and expand their partner ecosystem.
Moreover, with Liberty Strategic Capital’s expertise in the cybersecurity arena, Zimperium will gain access to experienced business advisers who can provide valuable guidance on strategic decisions and increased opportunities for operational expansion in various markets. This partnership can also give them greater visibility in global markets opening even more possibilities for expansion of the company’s reach into new regions with locally relevant products tailored for those specific areas.
In addition to these benefits, Liberty Strategic Capital’s financial resources will allow Zimperium to hire a larger workforce with diverse skill sets that could one day lead them into uncharted territory such as artificial intelligence (AI) or machine learning (ML). With such skill sets as part of their team, they may find even more efficient ways of keeping our data safe while unlocking potential new applications of anti-malware technology that we have yet not seen today.
Conclusion
In conclusion, this investment between Liberty Strategic Capital and Zimperium marks an important milestone in mobile security. With this partnership, customers will benefit from improved security features not typically offered on mobile devices. Together, these two tech giants will be able to bring the latest and most advanced security technology to mobile users around the world.
This is an exciting development for the mobile industry as it seeks to provide customers with the most secure environment for their data and applications. Through this strategic investment, Liberty Strategic Capital and Zimperium can help ensure that when it comes to mobile device security, customers can access the best solutions available on the market today.
