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KKR Investment Values Cyber Startup KnowBe4 at $800M

Private equity firm KKR has taken a minority stake in cybersecurity firm KnowBe4 with an investment based on a more than $800 million valuation. So reports Fortune.

KKR is reportedly pouring $50 million into the startup at this phase and is considering further investment at a later date. “It was really clear to us that you have a [cybersecurity] market that is growing at a very high rate,” said KKR director Stephen Shanley.

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