Terms of the transaction were not disclosed, and it remains subject to customary regulatory review.
Qognify, based in
'Qognify is a great example of our buyout strategy in action - identifying best-in-class technologies and then driving growth through product leadership and R&D as well as strategic acquisitions,' said Battery General Partner
Battery formed Qognify in 2015 through a spinout of NICE System's physical security business unit. In 2018, Qognify acquired
'Battery has been a tremendous partner to Qognify as we built a comprehensive platform in the mission-critical security and incident management sector,' said
About
Battery partners with exceptional founders and management teams developing category-defining businesses in markets including software and services, enterprise infrastructure, consumer tech, healthcare IT and industrial technology and life-science tools. Founded in 1983, the firm backs companies at all stages, ranging from seed and early to growth and buyout, and invests globally from offices in
About Qognify
Qognify helps safeguard your world, focusing on the outcomes of customers, who place a premium on physical security. Providing solutions to mitigate risks, increase security and optimize operations, Qognify serves thousands of customers all over the world as a trusted advisor. The comprehensive portfolio of Qognify contains physical security and incident management solutions, which create add value for many sectors including manufacturing companies, transportation authorities, retail chains, banks and other financial institutions, ports and seaports, logistics service providers, schools and universities, correctional facilities, critical infrastructures, and cities. Headquartered in
Contact:
Marketing Partner
E: becky@battery.com
T: 650-292-2077
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