EfficientIP, the network security and automation specialist, provides DDI solutions to help secure and automate IP networks. The company has built a leading DDI software solution set, 100% cloud-enabled, including DNS, DHCP and IPAM*. EfficientIP is the first company to have patented and released award-winning DNS infrastructure security solutions such as its DNS Blast, the world’s fastest DNS server.
The investment will drive international expansion, intensifying its channel partner strategy, develop new technology alliances and deepen service offerings in response to increased global DDI (DNS, DHCP, and IP Address Management) demand.
David Williamson, CEO of EfficientIP, commented: “Today’s investment will enable us to accelerate our expansion on a global scale. The market opportunity for DDI solutions is growing, and we look forward to capitalizing by increasing our sales force to meet current demand and driving further innovation that really matters to continue satisfying tomorrow’s customer needs.”
Guillaume Bonneton, Partner at GP Bullhound, and Joy Sioufi, Director, added: “We are thrilled to have advised EfficientIP as the company enters its next growth phase. The management team has built A-class solutions and proven its ability to expand internationally and sign top-tier clients. The investment will enable EfficientIP to accelerate the execution and gain further leadership.”
The transaction is a further testament to GP Bullhound’s expertise in software and cloud connectivity, with 11 transactions completed in the last 12 months including the investment of Orange Digital Ventures in InterCloud, the investment of Apax Digital in Signavio, the sale of Budget Insight to Arkéa, the investment of Bessemer into Mambu among many others. This is also another testament to the firm’s growing presence in the French market.
(*) DNS: Domain Name System, DHCP: Dynamic Host Configuration Protocol, IPAM: IP Address Management
For enquiries, please contact:
Guillaume Bonneton, Partner, at firstname.lastname@example.org
Joy Sioufi, Director, at email@example.com
About GP Bullhound
GP Bullhound is a leading technology advisory and investment firm, providing transaction advice and capital to the world’s best entrepreneurs and founders. Founded in 1999, the firm today has offices in London, San Francisco, Stockholm, Berlin, Manchester, Paris, Hong Kong, Madrid and New York. For more information, please visit www.gpbullhound.com, or follow on Twitter @GPBullhound.