I'm excited to announce we have a new investor that values us at more than $800 Million.
We entered into an agreement to receive a sizable minority investment from leading global investment firm KKR, with participation from Ten Eleven Ventures. Their investment comes off the back of our 2018, which reached $120 million of bookings and revenue growth of 110 percent.
KKR is an important strategic partner for KnowBe4 as we continue to grow worldwide and bring new-school security awareness training to new markets. We have had 23 straight quarters of explosive growth and there is no slowing down. All organizations need to invest in the human side of their security defenses and there is no better way to build their capabilities than to continually train and test them on the constantly evolving threats that they will be exposed to. Here is a press release with more detail.
Warm regards,
Stu Sjouwerman,
Founder and CEO