Infoblox Secures 'Significant' Investment from Warburg PincusInfoblox Secures 'Significant' Investment from Warburg Pincus
Infoblox plans to build on the success of its BloxOne platform.
September 9, 2020
Infoblox has a second private equity owner after getting a significant investment from Warburg Pincus.
Vista Equity Partners acquired Infoblox in 2016 and will continue as an investor. Warburg Pincus and Vista Equity Partners are now equal partners in Infoblox.
The amount of Warburg Pincus’ investment isn’t being disclosed. According to Bloomberg, this brings Infoblox’s valuation to more than $3 billion.
Lori Cornmesser is Infoblox’s vice president of worldwide partner and alliance sales.
Infoblox’s Lori Cornmesser
“With this investment, we will be able to help partners better serve our mutual customers, wherever they are in their digital transformation journey,” she said. “Collaboration with partners is core to our success. We are thankful they trust us to manage and secure one of our customers’ most valuable assets: their networks.”
Cloud/SaaS, security and driving new customer acquisition are Infoblox’s core focus growth areas for fiscal 2020.
Infoblox has more than 50% market share in the DDI networking market. Its partners include MSPs, resellers and technology alliance partners.
The company plans to use the investment to build on the success of its cloud-native BloxOne platform, Cornmesser said. It also plans to accelerate its product road map. In addition, Infoblox will develop technology and products that simplify and automate networking and security services for hybrid and multicloud environments, she said.
“This investment will also strengthen our ability to serve our mutual customers and enable their digital transformation, while continuing to provide the top-notch customer service that they have come to expect from us,” Cornmesser said.
Warburg Pincus has invested more than $20 billion in technology companies since its inception. It is one of the most active growth investors in enterprise technology and cloud-based platforms. Technology investments include CrowdStrike, Samsara, Avalara, Ant Financial, Trax and Gojek, and others.
One of the firm’s core focus areas is in backing growing infrastructure software companies. That includes its recent investment in BetterCloud, and now Infoblox.
“We believe Infoblox is uniquely positioned with a tremendous opportunity ahead due to a variety of factors, including the proliferation of devices, shift to cloud, decentralization of enterprise networks and adoption of modern microservices architectures,” said Chandler Reedy, managing director and head of late-stage technology investing for Warburg Pincus.
About the Author(s)
You May Also Like
Insight-SADA Deal Makes Tony Safoian Richest Man in the ChannelDec 04, 2023
AWS re:Invent Partner, Vendor News: Cisco, Salesforce, MoreDec 01, 2023
People on the Move: Comcast, Cisco, NICE, TPx, Barracuda, MoreNov 29, 2023
AWS re:Invent 2023 Partner News: Marketplace, Salesforce, Certs, MoreNov 29, 2023