Thematic: software SUBSCRIBE
 
  back to the issue
GROWTH  |  CYBERSECURITY
FEBRUARY 23, 2026
dormakaba takes a minority stake in SwiftConnect
TARGET
SwiftConnect
SwiftConnect provides a connected access network that unifies identity, mobile credentials, and physical access systems for commercial real estate owners and enterprises.
OwnershipVC-backed
InvestorsQuadri Ventures, Navitas Capital, Crow Holdings, JLL Spark, Egis Capital Partners +5 more
Capital raised$74 million
Headcount165 FTEs
HeadquartersStamford, Connecticut
Leadership
Chip Kruger, Co-CEO
Matt Kopel, Co-CEO and President
Sell-side advisor
INVESTOR
dormakaba
Global provider of access solutions including physical access control hardware and software
OwnershipPublicly traded
HeadquartersRümlang, Switzerland
Buy-side advisor
Spotted an error or advised on this transaction? Claim credit or send a correction
MORE IN CYBERSECURITY
ITC Federal acquires Apriva ISS
Classified mobile communications software and VPN gateway products — the MESA suite — enabling DoD, FBI, and intelligence community users to transmit voice and data at secret and top-secret levels over commercial wireless networks
Palo Alto Networks acquires Console
AI-native IT service management platform that automates internal support requests — password resets, app access, troubleshooting — via natural-language AI agents integrated with Slack and enterprise systems
Blackstone Innovations Investments (Blackstone) leads a round in Huskeys
$27M Invested — AI-powered network edge security management platform that unifies control across multi-cloud WAF, CDN, and API environments for enterprise security teams
Pistachio acquires Hugin.io
AI-driven cyber risk control and compliance posture platform helping SMB management teams assess exposure, monitor cloud and identity environments, and demonstrate compliance with NIS2, ISO 27001, and GDPR
ClickHouse acquires RunReveal
SIEM replacement platform ingesting, normalizing, and querying security logs with AI-native detection and investigation workflows for enterprise security operations teams
Palo Alto Networks acquires Protect AI
$634.5M Total Purchase Consideration — AI and machine learning security posture management software for enterprises, providing model scanning, red teaming, runtime protection, and AI agent security across the full AI/ML lifecycle
Browse the full register
 
Thematic: software PAST ISSUES   CONTACT
© 2026 Thematic   |  Privacy Policy   |  Terms of Service
Thematic is a news publication, not an investment adviser. Nothing here is investment advice or a recommendation to buy or sell any security. Researched and compiled by Thematic; accuracy and completeness are not guaranteed.