Digit Labs gets AshreiTech investment to scale cyber services
The US-based private equity firm said the deal, its first in Pakistan, will give Digit Labs capital and market access for growth across Pakistan and beyond. Financial terms were not disclosed.
AshreiTech, a technology-focused private equity firm, announced a strategic investment in Digit Labs, a Pakistani cybersecurity company.
The deal is AshreiTech's first investment in Pakistan and its first outside the American market, according to the firm.
Digit Labs, founded in 2015, offers offensive, defensive, advisory and managed security services.
The investment terms were not disclosed, so the size of the deal is not known.
The firm said demand for enterprise-level security is rising across banking, government and telecom sectors.