Latham & Watkins Advises KKR in Ontic’s US$230 Million Series C

Ontic, a leading software platform for connected security intelligence, has announced it has raised US$230 million in Series C funding led by funds managed by KKR, a global investment firm, with participation from JMI Equity, Silverton Partners, Ridge Ventures, and Ten Eleven Ventures. This latest funding will accelerate Ontic’s investment in artificial intelligence, bringing faster, smarter threat detection and automation to security teams. The company will also grow its international presence and continue advancing its platform to support both global enterprises and the US public sector.

Latham & Watkins LLP represented KKR in the transaction with a corporate deal team led by Boston partners Ryan McCarthy and John Miller, with associates Cory Lewis and Sue Kim. Advice was also provided on antitrust, merger control, and foreign direct investment matters by Washington, D.C. partners Ian Conner and David Brenneman, London partner Jonathan Parker, and New York/Washington, D.C. counsel Jamie Sadler, with associates Evan Omi and James Mathieson; on employment, labor, executive compensation, and benefits matters by Boston partner Josh Friedman and New York counsel Sandra Benjamin, with associates Rebecca Fishbein and Josie Wexler; on government contracts matters by Washington, D.C. partner Kyle Jefcoat, with associate Daniel Donovan; on IP matters by associates Debbie Hinck and Victoria Allen; on data privacy matters by Houston/Austin partner Robert Brown, with associate Stuart Cobb; and on tax matters by Bay Area partner Katharine Moir, with associate Abigail Friedman.