Pulse Secure, LLC
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Pulse Secure, LLC - overview
Established
2014
Location
San Jose, CA, US
Primary Industry
IT Security/Cybersecurity
About
Pulse Secure, LLC is a provider of secure access solutions, focusing on enhancing productivity and security for enterprises through its comprehensive suite of products designed for remote access and endpoint management. Pulse Secure, LLC, founded in 2014 and headquartered in San Jose, US, specializes in secure access solutions. In September 2020, Ivanti, Inc. agreed to acquire Pulse Secure from Siris Capital.
This acquisition was completed in December 2020. The company has completed two significant funding rounds, with its latest being a Buyout round in which it raised USD 250. 00 mn from Siris Capital, bringing the total amount raised to USD 250. 00 mn.
Pulse Secure specializes in providing secure access solutions designed to enhance productivity and security for enterprises. Their core offerings include Ivanti Connect Secure, Ivanti NAC, and Ivanti Secure Access Client, which facilitate secure remote access to corporate applications and data for users across various devices and locations. These solutions support a Zero Trust Security model, ensuring that only authenticated and authorized users can access sensitive information. Pulse Secure’s products are designed for organizations in various sectors, such as government, healthcare, education, and retail, addressing critical use cases like secure endpoint management, mobile device management, and vulnerability management.
The company serves a global client base, with significant operations in North America, Europe, and the Asia-Pacific region, providing comprehensive security management and policy enforcement solutions. Pulse Secure generates its revenue primarily through subscription-based models and licensing agreements, enabling clients to access their suite of secure access solutions. Transactions typically occur through direct sales to enterprises, as well as partnerships with value-added resellers and system integrators. Clients may engage with Pulse Secure through multi-year agreements or annual subscriptions, which provide ongoing access to their flagship products, such as Ivanti Connect Secure and Ivanti NAC.
Pricing structures often reflect the scale of deployment and specific service features chosen by the client, with options available to tailor solutions based on organizational needs. These financial interactions underscore the commitment to delivering continuous support and updates as part of the subscription service, ensuring that clients maintain optimal security postures in an evolving threat landscape. Pulse Secure is focused on expanding its product portfolio and enhancing its market presence. The recent acquisition by Ivanti is expected to facilitate the development of new products and features tailored to evolving security needs.
The company is also looking to expand into new geographic regions, with particular attention to the Asia-Pacific market by 2022. The USD 250. 00 mn funding from the Buyout round will support these growth initiatives, allowing Pulse Secure to accelerate product development and enhance its global sales and support infrastructure.
Current Investors
TA Associates, Clearlake Capital Group, Ivanti, Inc.
Primary Industry
IT Security/Cybersecurity
Sub Industries
Education & Training Website, IT Security/Cybersecurity, Application Integration Software, Monitoring & Security Software, Systems Management Software
Website
www.pulsesecure.net
Verticals
Blockchain, Cloud Computing, EdTech, Mobile Apps
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Pulse Secure, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Pulse Secure, LLC | - | ||||||||
| Add-on | Completed | Brocade's Application Delivery Controller Business | - | ||||||||
| Add-on, Trade Sale | Completed | MobileSpaces, Inc. | - | ||||||||
| Corporate Carve Out | Completed | Pulse Secure, LLC | - |
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