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Cyber Security Co SentinelOne Raises $70m

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Friday, January 27th, 2017

The Israeli company strives to transform endpoint security by delivering real-time protection powered by machine learning and dynamic behavior analysis.

As reported in Globes:

Israeli cyber security company SentinelOne announced that it has raised $70 million in Series C financing. New investor – and current SentinelOne customer – Redpoint Ventures led the round along with new investment from Ashton Kutcher and Guy Oseary’s firm, Sound Ventures. Existing investors Third Point Ventures, Data Collective, Granite Hill Capital Partners, Westly Group, and SineWave Ventures also participated in the round, bringing the total investment in SentinelOne to more than $110 million to date.

The company is striving to transform endpoint security by delivering real-time protection powered by machine learning and dynamic behavior analysis, SentinelOne plans to use this new capital to aggressively expand its sales and marketing efforts to drive more than 400% global sales growth in 2017, while continuing to maintain a strong investment in R&D initiatives towards its next-generation endpoint protection platform.

SentinelOne unifies endpoint threat prevention, detection and response in a single platform driven by sophisticated machine learning and intelligent automation. With SentinelOne, organizations can detect malicious behavior across multiple vectors, rapidly eliminate threats with fully-automated, integrated response capabilities, and adapt their defenses against the most advanced cyber attacks.

Cyber Security threats continue to increase significantly worldwide, and Australia is no different as public and private sectors continue to experience an increase in the scale and sophistication of cyber-crime.