Covington & Burling LLP advised Brinqa on the deal.
Brinqa™, a leader in Cyber Risk Management, announced that it has received $110 million in growth capital from leading global venture capital and private equity firm Insight Partners. Bootstrapped and founder-backed since 2009, Brinqa is receiving its first institutional investment for continued business scaling and market expansion. This capital infusion better positions Brinqa to satisfy the increasing demand to address security challenges with seamlessly integrated, highly automated, and risk-based cybersecurity programs.
Brinqa is headquartered in Austin, Texas, with remote staff and offices in the San Francisco Bay Area, New York, Buenos Aires, and Bangalore. Brinqa’s platform and applications are deployed at some of the largest businesses across the globe.
Brinqa’s outside counsel for the transaction was Covington and Burling LLP.
The Covington team included Tom DeFilipps (Picture), Yuki Ku, Kai Gill, Vesta Goshtasbi, Christen Sewell, Carolyn Rashby, Brandon Palmen, and Kevin Zaragoza.
Involved fees earner: Tom DeFilipps – Covington & Burling LLP; Vesta Goshtasbi – Covington & Burling LLP; Yuki Ku – Covington & Burling LLP; Brandon Palmen – Covington & Burling LLP; Carolyn Rashby – Covington & Burling LLP; Christen Sewell – Covington & Burling LLP; Kevin Zaragoza – Covington & Burling LLP;
Law Firms: Covington & Burling LLP;