General Motors-backed Keyfactor has agreed to join forces with PrimeKey with $125m in funding to create a comprehensive machine identity management platform.

Keyfactor, a US-based identity management software developer backed by carmaker General Motors (GM), agreed yesterday to merge with Sweden-headquartered peer PrimeKey. The transaction will be boosted by a $125m funding round led by Insight Partners, the growth equity firm that had previously led a $77m round for Keyfactor in 2018. Founded in 2001, Keyfactor provides…

The rest of this content is only accessible to Corporate Venturing: News, Data, and Events - Global Corporate Venturing Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.