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Perimeter

6/5/2019
03:30 PM
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SentinelOne Raises $120M in Series D Funding

The endpoint security company already has specific plans for the new funds.

SentinelOne has closed a Series D funding round of $120 million. This brings the endpoint security company's total funding to more than $230 million.

Insight Partners led this latest funding round, with participation from investors including Samsung Venture Investment Corp., NextEquity, Third Point Ventures, Redpoint Ventures, Granite Hill, and Data Collective.

"One important thing to note is that it's been two-and-a-half years since we had gone out and done a raise," says Nicholas Warner, SentinelOne COO. "That speaks to the sustainability of what we built — we're not unnecessarily burning and blowing through cash."

SentinelOne already has specific plans for the new funds. "We're going to be using the funds to continue to foster deep innovation in our product and our solutions," Warner says. "And then we're also going to be using some of the funding for marketing and additional go-to-market efforts."

Read more here.

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