Cybersecurity firm targets $100 million in IPO filing

KnowBe4 was founded in 2010.

  • By Business Observer Staff
  • | 10:32 a.m. March 21, 2021
  • | 0 Free Articles Remaining!
Courtesy. Stu Sjouwerman, a Business Observer Top Entrepreneur in 2019, worked in the antivirus software field before he launched KnowBe4 in 2010.
Courtesy. Stu Sjouwerman, a Business Observer Top Entrepreneur in 2019, worked in the antivirus software field before he launched KnowBe4 in 2010.
  • Tampa Bay-Lakeland
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CLEARWATER — Cybersecurity firm KnowBe4, one of the fastest-growing companies in the region for several years, has filed plans for an initial public offering. It plans to raise at least $100 million through the IPO, according to its March 19 public filing.

Clearwater-based KnowBe4 posted $174.9 million in revenue in 2020, up 45% from $120.6 million in 2019, the filing shows. The 2020 revenue figure is up 616.8% from $24.4 million in 2016.

 

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