Clearsight Advises Farsight Security in its Acquisition by DomainTools
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its Cybersecurity practice. Clearsight served as the exclusive advisor to Farsight Security, Inc. (“Farsight”) in its acquisition by DomainTools, LLC (“DomainTools”), a portfolio company of Battery Ventures (“Battery”). This deal marks a landmark transaction for Clearsight in the threat intelligence and incident response sub-sectors.
Farsight is a San Mateo, CA-based cybersecurity firm focused on providing world-renowned Domain Name System (DNS) intelligence solutions. Farsight’s solutions provide real-time actionable threat intelligence and insight into domain tools, enabling organizations to become more secure by detecting threats and responding to incidents efficiently and accurately. With the addition of Farsight, DomainTools will become a clearer and more distinct leader in the DNS-based intelligence and investigation space.
Dr. Paul Vixie, Co-founder and CEO of Farsight, applauded the deal closure, “At Farsight, we are proud of the reputation we have built as leaders in our sector and sought an investment banking partner who mirrored the same level of expertise and dedication to their field. We are pleased to have chosen Clearsight to guide us through our deal process. The Clearsight team provided an invaluable perspective and ample knowledge of the acquirer universe that ultimately led us to find an excellent fit in DomainTools and Battery.”
Jim McCabe, Clearsight Director, commented, “The Clearsight team and I greatly enjoyed the opportunity to work with Dr. Vixie and on this milestone transaction for Farsight. Their work in the cybersecurity space is inspiring and we have no doubt the newly combined Farsight and DomainTools team will continue to bring innovative solutions to the table and continue to make the world a more secure place.”
The Clearsight deal team included John Rakowski, Jim McCabe, Sonya Lu and Ethan Webster.