February 23rd, 2017. BlueCat Networks was acquired by US private equity firm Madison Dearborn Partners for almost $400 million. Founded in 2001, Bluecat raised $27.8 million in two rounds that included Bridgescale Partners, TD Capital, and Trident Capital. BlueCat’s server technology is used by about 1,000 large corporate and government customers to connect their users and devices securely to Internet-based applications and services.
Source: Globe and Mail
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