FairWarning, a Clearwater company with software designed to catch people stealing data, received a $60 million growth equity investment from Mainsail Partners, a private equity firm in San Francisco.

The new funding is the largest private equity investment so far this year for a Tampa Bay company among the deals for which a value has been disclosed.

The capital will be used to scale and accelerate product innovation, a press release said.

Private equity firms increasingly are backing cybersecurity companies as cyber threats grow, according to a report in Financial Times.

FairWarning is well positioned to handle the entire lifecycle of privacy, from insider threats protection to investigation, compliance and reporting, Michael Anderson, a partner at Mainsail Partners, said in the press release.

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