SafeNet
Company

Last deal

$138.9M

Amount

Private Equity

Stage

14.04.2010

Date

1

all rounds

$138.9M

Total amount

date founded

Financing round

General

About Company
SafeNet is an information security company safeguarding identities, transactions, communications, data, and licensing software.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.1983

Number of employees

Company Type

For Profit

Last funding type

Private Equity

IPO status

Private

Description

Offering a comprehensive suite of security solutions, SafeNet specializes in encryption technologies, hardware, software, and chips. Trusted by prominent organizations like UBS, Nokia, Fujitsu, and Bank of America, SafeNet's clientele also includes industry giants such as Adobe, Cisco Systems, Microsoft, and Samsung. Notably, they serve the U.S. Departments of Defense and Homeland Security, as well as the U.S. Internal Revenue Service. In 2007, SafeNet was acquired by Vector Capital, solidifying its position as a leading provider of information security solutions.
Contacts

Contact Email

Phone number

Social url

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M&A Details
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Transaction name

Acquired by

Gemalto

announced date

08.08.2014

price

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Financials

Funding Rounds
1
1

Number of Funding Rounds

$138.9M

Money Raised

Their latest funding was raised on 14.04.2010. Their latest investor HarbourVest Partners. Their latest round Private Equity

Date 
Funding Round 
Investors 
Money Raised 
Lead 
14.04.2010
3
$138.9M
Co-Investors
Investors
3
0

Number of lead investors

3

Number of investors

Investor 
Lead 
Round 
Partners 
No
Private Equity
No
Private Equity
No
Private Equity
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Vector Capital

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Subsector

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Acquisitions
8
Cryptocard acquired by SafeNet

Cryptocard acquired by SafeNet

acquirer

SafeNet
SafeNet

date

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type

Acquisition
Cryptocard

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Assured Decisions acquired by SafeNet

Assured Decisions acquired by SafeNet

acquirer

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date

23.12.2009

type

Acquisition
Assured Decisions

Assured Decisions

Assured Decisions provides solutions for corporations and federal organizations to navigate changing world events.

Sector

Industrial Support Services

Subsector

Professional Business Support Services

Keywords

Information Technology, Cyber Security, Security

Location

Columbia, MD, USA
Aladdin Knowledge Systems acquired by SafeNet

Aladdin Knowledge Systems acquired by SafeNet

acquirer

SafeNet
SafeNet

date

20.01.2009

type

Acquisition
Aladdin Knowledge Systems

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Sector

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Subsector

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Location

Belcamp, MD, USA

People

Founders
1
Bala Parthasarathy
Bala Parthasarathy

Bala Parthasarathy

It's one thing to be an entrepreneur. It's another thing to pull it off multiple times. Bala has been there and done that. While fortune favors the brave, Bala's success is also due to an uncanny knack for spotting trends, an endless reservoir of energy and passion to ideate, strategize and execute and a charismatic, down to earth working style that has won friends and helped him assemble the best teams in business. Among other things, Bala has built three companies, the latest of which was Snapfish, bought by Hewlett Packard in 2005. As General Manager and MD for Snapfish International, he led its growth into becoming the world's largest online photo site with 100M+ users, and expansion into 20+ countries in Europe and Asia Pacific. Later, he worked with Mr. Nandan Nilekani, Chairman - UIDAI, and played a seminal and leading role in defining the application strategy and developer ecosystem on the UIDAI project, considered widely as the most complex project of its kind anywhere in the world. To describe Bala as just a successful entrepreneur is to leave an interesting story half said. His insatiable appetite to see the world has taken him on personal adventures across 75 countries in the world and driven him to acquire fluent spoken Spanish and French and a surprisingly effective grasp of German, Portuguese and Italian, endearing him to many a waiter at restaurants all over the world. He has climbed the Kilimanjaro, trekked the Andes, Alps and the Himalayas, motor-biked across the African continent, up the highest motorable road in the world at Leh, ridden boats, camels and ramshackle trains - in the quest for experiencing those indescribable moments which have made him what he is. He shares his love for the world and adventure with his wife, Dana and their three kids. Prior to Snapfish, Bala co-founded Wyatt River Software, which was acquired by what is now SafeNet and started his career as one of the early engineers who built Digital Link, which went public in 1993. In 2006, he was recognized by University of California - Santa Cruz with its highest honor for alumni as a "Distinguished Alumnus".

current job

Freo
Freo

organization founded

6

Bala Parthasarathy

Employee Profiles
27

Kevin Hicks

General Counsel and Secretary

Phil Saunders

Phil Saunders

Executive Vice President of Sales & Chief Revenue Officer

Erez Velan

Erez Velan

Director of Technical Support and Director of Professional Services

Jim Summers

Senior Vice President & General Manager Government Solutions Division

Kristine Murty

Kristine Murty

SmartCard & One Time Password Authentication Specialist

Prakash Panjwani

Senior Vice President and General Manager Commercial Security Division

Nicole Y. Adams

Nicole Y. Adams

EMEA Customer Account Manager

John Frederick

John Frederick

Senior Vice President and Chief Financial Officer

Activity

Recent News
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