The brilliant endpoint security company SentinelOne has raised $120 million in its Series D funding round. The round was led by Insight Partners, and saw Samsung Venture Investment Corporation, NextEquity participate along with the company’s existing investors like Third Point Ventures, Redpoint Ventures, Data Collective, Sound Ventures and Ashton Kutcher, Tiger Global, and more.
With the fresh funding, the company plans to continue expanding its current business. The funding will further help the company explore areas to build tools for endpoint detection and patching.
SentinelOne was founded in 2013 by Almog Cohen and Tomer Weingarten. The company is based in Mountain View, California and has offices all over the world. The latest funding brings the tally of the amount of money raised by the company to almost $230 million.
A representative of the Samsung Venture Investment Corporation said: “As an investor, SentinelOne’s combination of best-in-class EPP and EDR functionality is a magnet for engagement, but it’s the company’s ability to foresee the future of the endpoint market that attracted us as a technology partner.”
He added: “Extending tech stacks beyond EPP and EDR to include IoT is the clear next step, and we look forward to collaborating with SentinelOne on its groundbreaking work in this area.”
Singapore-based Trax Secures $640 Million is Series E
Singapore-Based Flash Coffee Raises $15 Million in Funding
Neobanking Startup StashFin Raises $40 Million in Series B Extension
Israeli Cybersecurity Startup Vulcan Cyber Raises $21 Million
PatSnap Raises $300 Million through Its Series E
© 2021 CIO Bulletin. All rights reserved.