Saudi Arabia Owns Stake in Firm That Bought Democratic Party’s Campaign Tech

The government of Saudi Arabia is an investor in the private company that owns a virtual monopoly on software that powers Democratic candidates — including management of the Democratic National Committee’s all-important voter list.

Sanabil Investments, the company that manages Saudi Arabia’s sovereign wealth fund, recently published its first list of investments in venture capital, buyout firms, and startups. The list includes two private equity firms involved two years ago in the sale and acquisition of EveryAction and NGP VAN, the companies that make up the Democratic Party’s campaign tech apparatus.

“Saudi...