New platform investment: software company SS8
In the second quarter, Mill Point III made its third platform investment. The fund invested in the U.S. software company SS8, which focuses on network surveillance and threat detection. SS8’s customers include telecom providers, law-enforcement and intelligence agencies, and emergency services. SS8’s products help clients monitor and analyze communications lawfully and effectively. Mill Point views SS8 as a stable software developer with mission-critical products for security and compliance in an increasingly complex digital landscape. The company has a healthy financial profile and strong margins.