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 TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Secondary BuyoutCompletedArcher Technologies LLC-
BuyoutCompletedRSA Conference Parent, Inc-
GrowthCompletedRSA Security LLC-
Corporate Carve Out, Secondary BuyoutCompletedRSA Security LLC-

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