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Insight Partners has purchased a majority share in Boston-based threat intelligence company Recorded Future for $780 million in cash, the highest ever price for a threat intel firm.

Why it matters: Recorded Future co-founder and CEO Christopher Ahlberg told Axios that his company's 10-year growth proves how vital threat intel firms — which analyze technical and human-sourced data to provide personalized actionable insights — are to the cybersecurity marketplace.

"We’ve proven that threat intelligence gets a room of its own. This acquisition proves that."
— Christopher Ahlberg

Context: Recorded Future had gone through 5 previous rounds of funding totaling $58 million, with Insight as the lead investor in the Series E round.

  • Recorded Future offers a machine learning-based software solution to sift through threat information as well as a research team analyzing different actors.
  • Gartner estimates that by 2022, 20% of large enterprises will use threat intelligence to augment other security products.

Details: Ahlberg doesn't see much change to Recorded Future as a stand-alone product. "We'll be doing the same thing, just more of it," he said. "We could have been purchased by a larger security firm and vanished into it."

Go deeper

26 mins ago - Health

Transplants rebound from COVID lull

Expand chart
Data: United Network for Organ Sharing; Chart: Baidi Wang/Axios

More than 41,000 Americans underwent an organ transplant in 2021, a new record and a 6% increase from 2020, when the pandemic caused a slight slowdown of the life-saving procedures.

Why it matters: There are more transplant patients than ever, and they are particularly vulnerable to the worst effects of COVID because of their compromised immune systems — although vaccines provide important protection.

26 mins ago - World

Senators make bipartisan trip to Ukraine after divisive Russia vote

Ukrainian President Zelensky. Photo: John Thys/AFP via Getty Images

A bipartisan group of seven U.S. senators met Monday in Kyiv with President Volodymyr Zelensky and other top officials as Ukraine and the West brace for the possibility of an imminent Russian invasion.

Why it matters: The delegation is seeking to project a united front with Ukraine, following a divisive Senate vote on Thursday in which Democrats blocked sanctions Zelensky's government was seeking against the Russia-to-Germany Nord Stream 2 pipeline.

Updated 5 hours ago - Energy & Environment

Thousands without power as "hazardous" winter storm lashes East Coast

Satellite imagery of the Northeastern U.S. taken by NOAA on Jan. 17. Photo: NOAA

A major winter storm lashed much of the East Coast Sunday and Monday, causing widespread power outages and disrupting travel over the holiday weekend.

The latest: Authorities in North Carolina confirmed that two people died in a car crash and that they responded 600 vehicle accidents during the storm on Sunday, per the Washington Post.