Veritas Capital has agreed to purchase BeyondTrust, a provider of context-aware solutions for privilege and vulnerability management, from Insight Venture Partners. The deal is reported to be for $310 million. BeyondTrust's customers use the company's solutions to mitigate user-based risks arising from misuse of system or device privileges, as well as to identify and remediate asset vulnerabilities. Since 2008, BeyondTrust has recorded revenue CAGR of 20%+, and currently boasts over 4,000 customers across a variety of sectors. IVP has backed the company for about eight years; during the firm's holding period, BeyondTrust completed several add-ons, including those of Blackbird Group and Lumigent Technologies.