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Private Equity: JMI and Investor Growth Invest $31M in WhiteHat

WhiteHat Security makes web security products

JMI Equity and Investor Growth Capital have made a $31 million investment in WhiteHat Security, a web security company.

Investor Growth Capital is one of WhiteHat’s existing investors.

The investments should help the Santa Clara, Calif., company focus on sales of its Sentinel Mobile and Sentinel Source products. It should also help with WhiteHat's continued international expansion. Sentinel Mobile expands the company’s security onto mobile platforms.

JMI is a Baltimore private equity firm that invests in software, Internet, business services and healthcare-information technology companies. Investor Growth is a New York-based venture capital firm. 

 

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