Latham & Watkins Advises KKR and Ten Eleven Ventures in NetSPI‘s US$90 Million Growth Funding

A corporate deal team advises lead investors in the cyber security penetration testing company’s funding.

May 12, 2021

NetSPI, a leader in enterprise penetration testing and attack surface management, has announced it raised US$90 million in growth funding led by KKR, with participation from Ten Eleven Ventures. The investment will be used to further accelerate NetSPI’s rapid growth by expanding the company’s cyber security and client experience teams, investing in product innovation, and deepening operations across US and international markets.

Latham & Watkins represents KKR and Ten Eleven Ventures in the transaction with a corporate deal team led by Boston partner Ryan McCarthy, with Boston associates John Miller, Eli Slawsby, and Michael Casagrande. Advice was also provided on tax matters by Los Angeles partner Larry Stein, and Los Angeles counsel Will Kessler; on intellectual property and privacy matters by Boston partner Sarah Gagan, and Washington, D.C. counsel Marissa Boynton, with Boston associate Deborah Hinck and Bay Area associate Rachel Horn; on benefits and compensation matters by New York partner Jennifer Pepin; and on insurance matters by Los Angeles partner Drew Levin, with San Diego associate Hannah Cary.

Notice: We appreciate your interest in Latham & Watkins. If your inquiry relates to a legal matter and you are not already a current client of the firm, please do not transmit any confidential information to us. Before taking on a representation, we must determine whether we are in a position to assist you and agree on the terms and conditions of engagement with you. Until we have completed such steps, we will not be deemed to have a lawyer-client relationship with you, and will have no duty to keep confidential the information we receive from you. Thank you for your understanding.