IronNet eyes going public via SPAC merger
March 11, 2021- Share:
IronNet Cybersecurity is considering a merger with a SPAC called LGL Systems Acquisition Corp. that would value the combined company at around $1.2 billion, Bloomberg reported. Based in Virginia, IronNet was founded by retired US Army General Keith Alexander in 2014 and has raised VC funding from investors including ForgePoint Capital and Kleiner Perkins. The company, which provides network security products for the private and public sectors, was valued at $578 million in 2018.
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