Oct 10
Friday
News
Despite the Crisis, Company Still Aims High
They're looking to get up to $100 M

They're looking to get up to $100 M

Kaspersky Lab, a leading Russian security and antivirus seller, is aiming high with their next round of fundraising.

As more and more companies are having a hard time getting cash for their rounds of fundraising, these guys are aiming to take it further. They expect to raise up to $100 million, a hefty sum.

How do they plan to pull off this feat? By putting out an equity offering (20% stake), which could earn them those $100 million. This is what the company does, in their own words:

Eugene Kaspersky: Going for More

Eugene Kaspersky: Going for More

“We develop, produce and distribute information security solutions

Natalya Kaspersky

Natalya Kaspersky

that protect our customers from IT threats and allow enterprises to manage risk. We provide products that protect information from viruses, hackers and spam for home users and enterprises and offer consulting services and technical support.”

The company was founded in 1997 by Eugene & Natalya Kaspersky, and since then, it has attained 45% of the antivirus software market in Russia.

Yes, I know, the company is a lot bigger than yours is today. But think about this: if they were that worried about the current market situation worldwide, would they go for something like this? It’s always good to see big companies set the pace for economic improvement, and it’s just what they’re doing.


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