Secure cloud-managed network services vendor Infoblox has announced that it has secured a significant investment from Warburg Pincus, a global private equity firm focused on growth investing.
Vista Equity Partners, an investment firm focused on enterprise software, data and technology-enabled businesses, acquired Infoblox in 2016 and will continue as an investor, with Warburg Pincus and Vista as equal partners.
“The modern enterprise is becoming increasingly dispersed and the number of connected devices is growing exponentially. As a result, modern networks have become significantly more complex,” said Jesper Andersen, President and CEO, Infoblox. “This investment will further help strengthen our industry-leading DDI products while at the same time doubling down on our vision to provide cloud-managed networking and security applications that are scalable, flexible and delivered as a service on top of our BloxOne Platform. We are thrilled to have two long-term investment partners that share our vision.”
Warburg Pincus has invested more than US$20 billion in technology companies since inception and is one of the most active growth investors in enterprise technology and cloud-based platforms.
“We believe Infoblox is uniquely positioned with a tremendous opportunity ahead due to a variety of factors, including the proliferation of devices, shift to cloud, decentralisation of enterprise networks and adoption of modern microservices architectures,” said Chandler Reedy, Managing Director and Head of Late-Stage Technology Investing at Warburg Pincus.
Cary Davis, Managing Director and Head of Infrastructure Software, Warburg Pincus, added: “The company provides mission-critical DDI solutions to some of the largest and most discerning global corporations across a variety of verticals. We look forward to partnering with the Infoblox and Vista teams as demand for Infoblox products and services accelerates further.”
Modern networks require automated solutions that are modular, flexible, scalable and able to be delivered as a service from the cloud. Since Vista acquired Infoblox in 2016, the company has invested significantly in developing its next-generation, cloud-native BloxOne Platform.
“Every organisation and industry is undergoing some form of Digital Transformation, underpinned by a secure and reliable networking infrastructure that ensures efficient and safe transfer of data and access to corporate applications and programmes,” said Monti Saroya, Co-Head, Vista Flagship Fund and Senior Managing Director, Vista Equity Partners. “Infoblox has long been the leader in providing these core networking services, and their investment in a next-generation, cloud-native platform and cloud-managed solutions ensures they will continue to be the leader for years to come. We are thrilled to partner with Warburg Pincus and to continue to work with Jesper and the Infoblox team to provide innovative and value-driving solutions to Infoblox’s IT customers.”Click below to share this article