Warburg Pincus-backed eSentire buys VC-funded Versive
ESentire has acquired Versive, a Seattle, Washington-based cybersecurity artificial intelligence company. No financial terms were disclosed. Cambridge, Ontario-based eSentire said the acquisition will add advanced AI capabilities to its managed detection and response service platform, allowing it to more effectively address security threats. Last year, eSentire secured financing from U.S. private equity firm Warburg Pincus, providing exits to its venture capital investors. Georgian Partners continues to back the company. Founded in 2012, Versive has raised about US$55 million from Bloomberg Beta, Formation 8, Goldman Sachs, Madrona Venture Group, Vulcan Capital and others.
23 October 2018•4 mins read
