SentinelOne raises $200M Series E
The cybersecurity platform is now valued over $1 Billion
SentinelOne, the endpoint protection company, announced it has raised $200 million in Series E funding.
The series E was backed by venture capital firm Insight Partners, along with Tiger Global Management, Qualcomm Ventures LLC, Vista Public Strategies of Vista Equity Partners, Third Point Ventures.
The round brings SentinelOne’s valuation to $1.1 billion pushing the company’s cybersecurity platform to meet customer demand.
SentinelOne has grown quite considerably over the past year with its cloud native cybersecurity platform unifies endpoint protection (EPP), endpoint detection and response (EDR) with ActiveEDR, IoT control with SentinelOne Ranger, and container and cloud-native workload protection into the Singularity Platform for a level of autonomous protection.
“The cybersecurity demands of today’s enterprises have evolved, and we’ve taken endpoint protection far beyond what it once was. Instead of solely protecting laptops, desktops, and servers with EPP and EDR capabilities, we protect the entire network edge with flexible, autonomous technology -- from containerized workloads in the cloud and data center to IoT devices,” said Tomer Weingarten, CEO and Co-founder, SentinelOne.
“Leveraging AI to process enormous amounts of data in real time allows our customers to stay secure from all vectors of attack. Delivering value to customers well beyond the traditional endpoint is what positions SentinelOne as the fastest growing and most promising cybersecurity platform.”