Insight Venture Partners has purchased Resolve Systems LLC, a security and information technology company, for an undisclosed amount. Ransomware attacks have plagued companies and individuals in recent weeks, and private equity firms have continued to double down on network security companies.
Resolve Systems provides real-time incident response and automation tools for a variety of companies’ IT and network operations. The Irvine, California-based target offers resolution collaboration capabilities, actionable dashboards, and automation process guidance. The company has strategic partnerships with Microsoft Corp. (Nasdaq: MSFT), CA Technologies and International Business Machines Corp. (NYSE: IBM). Resolve Systems was founded in 1999 and was previously known as gen-E Consulting before changing its name in September 2014. The company, previously owned by Solis Capital Partners, conducts business in the U.S., Canada, Europe, the Middle East and Asia.