Private equity outfit Dansk Kapitalanlæg buys stake in Danish IT security firm Secunia

Private equity outfit Dansk Kapitalanlæg has acquired a 31 percent share in Danish IT security firm Secunia.

Secunia, headquartered in Copenhagen, is a provider of “Vulnerability Intelligence and Vulnerability Management tools”. It supplies security intelligence and software to a range of international customers. The company was founded in 2002 by Niels Henrik Rasmussen together with Michael Haddi Zaman, Thomas Kristensen, Jakob Balle, and Thomas Piil.

Dansk Kapitalanlæg’s investment is said to be strategic not just financial, and will aid in the implementation of the “exiting strategy” as well as Secunia’s further development. It also sees a newly elected board in place, chaired by Dansk Kapitalanlæg’s Jesper Johansen.

Upon its conception, Secunia was a supplier of vulnerability information but has grown to become a leading research house within the field of vulnerabilities. In the space it competes with much bigger (and better funded) players such as IBM’s X-Force, BigFix, Shavlik, Qualys and Tippingpoint. It’s also profitable and this was a part of what attracted Dansk Kapitalanlæg.

“This development and profitable growth has over the last eight years been facilitated by organic means, and Secunia remains as one of the only players in the industry that has not been financed by millions of venture capital dollar”, comments Johansen.

Secunia has more than 1,000 companies in its customer portfolio, and counts “large international
organizations and institutions” in EMEA as well as North America.