HEST Investments Invests $1 Million in American Binary
September 3, 2024
HEST Investments, a Dallas-based private equity firm, made a strategic $1 million investment in American Binary, a U.S.-based post-quantum encryption company. The minority growth investment (finalized in Q4 of last year) will help American Binary accelerate R&D and commercialize its quantum-resistant encryption and enterprise VPN solutions for business and government customers.
- Buyers
- HEST Investments
- Targets
- American Binary
- Industry
- Cybersecurity
- Location
- Washington, United States
- Transaction Type
- Growth capital
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