Deals
Thoma Bravo in Talks to Back Illumio at $2.9 Billion Value
- Cybersecurity startup is looking to raise about $250 million
- Startup counts Morgan Stanley, BNP Paribas among its clients
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Cybersecurity startup Illumio Inc. is in talks to raise about $250 million in a funding round that values the company at about $2.9 billion, according to people with knowledge of the matter.
Private equity firm Thoma Bravo is poised to lead the latest funding round for the Sunnyvale, California-based company, said the people, who requested anonymity because the information is private.