RSA Group Announces New $135 Million Capital Infusion and Debt Refinancing to Accelerate AI Product Innovation and Organic Growth

BOSTON--(BUSINESS WIRE)--RSA Group (“RSA”), a cybersecurity company comprised of RSA (formerly known as SecurID) and Outseer (formerly known as RSA Fraud Risk & Intelligence), announced the closing of a refinancing transaction of its outstanding debt with a substantial majority of holders of its existing first lien and second lien term loans yesterday. Participation in the transaction is open to all remaining first lien and second lien lenders.

The transaction includes a new capital infusion of $135 million backed by RSA’s existing lenders. Additionally, RSA extended its debt maturities, de-levered its balance sheet, and strengthened its liquidity position, improving financial flexibility to execute on its strategy. RSA expects to use the proceeds to continue investing in innovation, including AI capabilities that can help strengthen fraud-resistant, phishing-resistant authentication and improve customer outcomes across RSA’s passwordless, fraud management, and identity product portfolio.

“Today’s announcement is an important step forward for RSA, and we appreciate the overwhelming support from our existing investors,” said Greg Nelson, Chief Executive Officer of RSA. “With new capital and a strengthened foundation, we are accelerating innovation—particularly AI-enabled capabilities that help high-assurance customers secure their identity posture through passwordless and identity governance solutions.”

“Outseer provides an AI-powered digital fraud prevention platform to financial institutions around the globe, and we’re excited to invest in the next phase of product innovation,” said John Filby, Chief Executive Officer of Outseer. “Our customers are increasingly prioritizing our All-Cause Fraud Prevention™ innovations to reduce account takeover and scam risks across complex digital customer journeys.”

About RSA

The AI-powered RSA Unified Identity Platform protects the world’s most secure organizations from today’s and tomorrow’s highest-risk cyberattacks. RSA provides the identity intelligence, authentication, access, governance, and lifecycle capabilities needed to prevent threats, secure access, and enable compliance. More than 9,000 security-first organizations trust RSA to manage more than 60 million identities across on-premises, hybrid, and multi-cloud environments. For additional information, visit our website to contact sales, find a partner, or learn more about RSA.

About Outseer

Outseer is a leader in All-Cause Fraud Prevention™, delivering defense-in-depth through a uniquely comprehensive platform that protects digital banking sessions and 3DS transactions. With our rich RSA heritage and an unwavering commitment to innovation, Outseer’s AI-powered platform incorporates a spectrum of critical fraud signals, including event data, device IDs, geo-IP, behavioral biometrics, consortium data, and more. Trusted by thousands of clients in over 50 countries, including hundreds of the world’s largest financial institutions, Outseer solutions safeguard more than 450 million accounts, 100 billion transactions, and 5 trillion dollars annually. For more information, please visit outseer.com.