JMI Equity Backs WhiteHat Security

San Diego-based private equity investor JMI Equity has backed a developer of website security tools this morning. WhiteHat Security, which is based in Santa Clara, said this morning it raised $31M in a new funding round, which will go towards international expansion and towards efforts in the small and medium sized business market. That funding came from both JMI Equity and existing investor Investor Growth Capital. JMI Equity is an investor in late-stage, established technology companies. More information »