RSA Security LLC
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RSA Security LLC - overview
Established
1982
Location
Bedford, MA, US
Primary Industry
IT Security/Cybersecurity
About
Based in the US, RSA Security LLC operates as a cybersecurity firm specializing in identity and access management solutions that enhance security across various environments, including cloud and on-premises systems. RSA Security LLC, founded in 1982 and headquartered in Bedford, US, provides cybersecurity solutions focused on identity and access management. The company underwent a Corporate Carve Out through a Secondary Buyout, raising USD 2,075. 00 mn in its most recent funding round led by Symphony Technology Group on March 16, 2021.
The founder, Gregoire Lafargue, has a history of establishing technology firms and has been instrumental in shaping RSA's strategic direction under CEO Rohit Ghai. RSA Cybersecurity specializes in identity and access management (IAM) solutions, offering a comprehensive suite of products including ID Plus for complete authentication capabilities, SecurID for on-premises access management, and Governance & Lifecycle for identity governance. Their offerings address critical security needs such as multi-factor authentication and compliance management, serving industries like government, finance, healthcare, and energy with a global client base across North America, Europe, and Asia-Pacific regions. RSA Cybersecurity operates on a subscription model, primarily generating revenue through the sale of its software solutions and professional services.
Clients typically engage in annual subscriptions for offerings like ID Plus and SecurID, which include features such as multi-factor authentication. The pricing structure is designed to cater to organizations of varying sizes, supported by partnerships with resellers that enhance their market reach and revenue. Following the recent investment by Clearlake Capital Group, completed in August 2021, RSA Security LLC plans to leverage the capital to validate its business momentum. This funding will support organic growth initiatives and facilitate a robust M&A strategy.
The company aims to introduce new products in the IAM space and expand its market presence into new geographic regions, targeting specific markets for growth. Plans include the development of innovative solutions designed to meet evolving cybersecurity challenges, aligning with their strategic vision for the future.
Current Investors
Clearlake Capital Group, AlpInvest Partners, STG
Primary Industry
IT Security/Cybersecurity
Sub Industries
Education & Training Services, IT Security/Cybersecurity, Monitoring & Security Software
Website
www.rsa.com
Verticals
Blockchain, Cloud Computing, IoT (Internet of Things)
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
RSA Security 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Archer Technologies LLC | - | ||||||||
| Buyout | Completed | RSA Conference Parent, Inc | - | ||||||||
| Growth | Completed | RSA Security LLC | - | ||||||||
| Corporate Carve Out, Secondary Buyout | Completed | RSA Security LLC | - |
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