US mid-market private equity firm LLR Partners has made a $50m investment in software security company Cigital.
Cigital helps customers design, build and maintain secure software applications through a range of services and solutions, including consulting, training, security analysis products and cloud-based services. The company is headquartered outside Washington, D.C. with regional offices throughout North America, Europe, and Southeast Asia.
The strategic investment will support it as it continues its growth in existing markets, “penetrates new verticals” and expands geographically, the company said.
LLR recently strengthened its focus to the IT security sector by expanding its security, defence and government investment practice and opening an office in Arlington, Virginia.
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