Thoma Bravo makes strategic investment in Grayshift
On July 7, San Francisco, CA-based Thoma Bravo, a leading software investment firm, today announced the completion of its strategic investment in Atlanta, GA-based Grayshift, LLC, a leading and trusted provider of digital forensics solutions.
Grayshift’s leading digital forensic solutions are purpose-built to empower public safety agencies to resolve lawful investigations swiftly and keep communities safe. GrayKey, the company’s flagship technology, provides the ability to secure evidence from mobile devices in a safe and compliant manner.
“We’re thrilled to partner with Thoma Bravo to accelerate our growth and innovation, including building our international team, expanding our product capabilities and making strategic acquisitions to enhance our market leadership,” said David Miles, co-founder and CEO of Grayshift. “This investment positions us well to continue delivering critical solutions for public safety agencies and disrupting the legacy digital forensics marketplace.”
“The importance of robust digital forensics is more clear than ever in today’s environment, and we’re excited to support Grayshift and its important work helping public safety agencies better analyze data,” said Hudson Smith, a partner at Thoma Bravo. “We look forward to broadening and strengthening Grayshift’s solutions and capabilities to further support government and public sector employees and solidify the company as the market leader.”
“David and his founding team disrupted the digital forensics market via product-led growth, which is a key characteristic we look for in software investments that enables PeakEquity to deliver value post-investment. Our operating partners, Jim Sheward and Brian Nejmeh, worked alongside the Grayshift team to develop scalability across the organization and accelerate their growth,” said Justin Reger, a partner at PeakEquity. “We’re very excited to remain invested in Grayshift and welcome the tremendous capabilities of Thoma Bravo to continue to support this high-performing management team.”
Source: Thoma Bravo
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