Cybersecurity investor Evolution Equity Partners closes second fund

The firm, which has offices in New York, London, Palo Alto and Zurich, close don $400m for its latest fund.

Multi-stage investor Evolution Equity Partners announced it has closed its second fund with $400 million in commitments to invest in cybersecurity and enterprise software companies. The firm said the fund raise was oversubscribed and is backed by new and returning institutional investors, corporates, and family offices from the US, Europe, Middle East and Asia.

The firm raised $125 million for its prior fund, according to the database from affiliate publication Private Equity International.