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JMI Equity Backs UK's Avecto

San Diego-based private equity investor JMI Equity has backed Avecto, a developer of endpoint security software, based in the UK, to the tune of $49M. Avecto said that Jit Sinha and Suken Vakil, both of JMI Equity, will join the company's board. Aveco is based in Manchester, UK, and also has offices in Boston. Avecto develops endpoint management software. More information »