Cybersecurity startup SentinelOne has raised $70 million in another round of funding aimed at research and development and also infusing capital into its sales and marketing efforts, Reuters reports. Total cash collection has gone up to over $110 million, with the latest round led by new investors Redpoint Ventures and Sound Ventures, Ashton Kutcher’s and talent manager Guy Oseary’s firm.
SentinelOne, which is targeting over 400% sales growth this year, is a next-generation endpoint security technology firm that focuses on proactive rather than reactive protection for devices - using machine learning and behavioral analysis.
Other investors in this round included Third Point Ventures, Data Collective, and Granite Hill Capital Partners.
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