Keyfactor-PrimeKey Merger Creates Machine Identity Management Platform
The two companies are merging under the Keyfactor brand.
The upcoming Keyfactor–PrimeKey merger, fueled by a $125 million growth round, will deliver a management solution for machine identity.
The two companies are merging under the Keyfactor brand. The Keyfactor-PrimeKey merger, which forms a machine identity management platform, combines Keyfactor’s certificate life cycle automation with PrimeKey’s public key infrastructure (PKI) certificate authority software.
The new platform will offer end-to-end machine identity management. The companies aren’t disclosing the value of the merger, which should close within the next 90 days.
The $125 million growth infusion, led by Insight Partners, adds to its initial $77 million investment in Keyfactor in 2019.
BJ Ferguson is Keyfactor