Vector Capital to Invest in Malwarebytes
San Francisco – Paul Hastings LLP represented Vector Capital in its proposed investment of $100 million in Malwarebytes, a leader in real-time cyber protection. Vector Capital Managing Directors Sandy Gill and Dave Fishman will join Malwarebytes’ board of directors concurrently with the closing of the transaction.
“We look forward to supporting the company by leveraging our strong track record in building and scaling technology companies and working alongside management to further accelerate growth across both the consumer and corporate business lines,” said Gill, managing director at Vector Capital.
Fishman, managing director and head of the private equity team at Vector Capital added that “Malwarebytes represents exactly the kind of transformational opportunity that aligns with our strategy. . . we have an incredible opportunity to drive and unlock value.”
Malwarebytes plans to use the investment for further innovation of the company’s product portfolios, to accelerate momentum with channel partners and to consolidate its ownership structure.
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