Thoma Bravo says it is acquiring a majority stake in Venafi, a provider of machine identity management software, at a $1.15B valuation (Steven Burke/crn.com)

Steven Burke / crn.com:
Thoma Bravo says it is acquiring a majority stake in Venafi, a provider of machine identity management software, at a $1.15B valuation  —  “Thoma Bravo invests in category creators and leaders,” said Venafi CEO Jeff Hudson.  “That ($1.15 billion) valuation is a good valuation.