Digital fraud detection startup BioCatch hits $1.3B valuation as Permira buys majority stake | TechCrunch
BioCatch's new majority shareholder Permira acquires shares, valuing the company at $1.3 billion. Existing shareholders like Sapphire Ventures also increase their stake.
The cybersecurity industry sees significant private equity deals, such as Thoma Bravo acquiring Darktrace. Permira plans to bring growth and expand BioCatch across Europe.