KKR, a global investment firm, today announced the final close of KKR Next Generation Technology Growth Fund III (NGT III), an approximately $3 billion fund focused on investing in leading growth technology companies across North America, Europe and Israel. NGT III is the successor to the firm’s NGT I and NGT II growth funds. It continues KKR’s strategy of supporting high-growth…
Zinnia, a life and annuity insurance technology and digital services company, announced it is acquiring Policygenius, a digital insurance marketplace. The acquisition lays the foundation for the industry’s first front-to-back architecture to power the entire insurance value chain and better serve carriers, advisors, and policyholders, a statement said. The transaction expands Zinnia’s reach into digital…
NetSPI, a leader in enterprise penetration testing and attack surface management, announced that global investment firm KKR is increasing its investment in the company with $410 million in new funding. The growth investment validates NetSPI’s significant outperformance since KKR’s initial investment in May 2021 and will support NetSPI’s continued technology innovation, talent acquisition, and global expansion, as well as recapitalizing NetSPI’s first institutional…