Nordwind Capital has led a $6m capital raise into Munich-based DriveLock, which was valued pre-money at $60m (€50.7m).
DriveLock offers cyber security software solutions for the internet-of-things sector across its offices in San Francisco, Sydney and Singapore. The company services over 3,000 clients, protecting more than 3m endpoints.
DriveLock is the latest in investment Nordwind Capital has made this year. The firm seeks to invest in fast-growing technology companies.
In March Munich-based Nordwind Capital acquired a majority stake in The B2B Media Group, a German “big data” group which aims to minimise the costs of customer acquisition.
In February Nordwind Capital led investment in software-as-a-service group Productsup.