On June 24, 2021, Illumio, Inc. closed the transaction. The company announced it has received $225,000,000 in its series F round of funding led by new investor Thoma Bravo, L.P.. The transaction included participation from total 13 investors including Franklin Templeton Financial Services Corp., funds managed by Hamilton Lane Incorporated and Owl Rock Capital Advisors LLC. As part of the transaction, Thoma Bravo, L.P. will get a seat on the company's board of directors. The round is raised at valuation of $2,750,000,000.