Atmosec Raises $100M in Series B
Atmosec has successfully raised $100M in a Series B at a $500M valuation led by CRV, IVP, Vertex Ventures, Blumberg Capital.
Company Overview
Atmosec is a Cybersecurity company headquartered in Rothschild 41, Tel Aviv 6688203, Israel, founded in 2020 with 150+ employees.
SaaS security platform
Fundraising Details
- Amount Raised: $100M
- Round Type: Series B
- Valuation: $500M
- Date: 2024-08-16
- Investors: CRV, IVP, Vertex Ventures, Blumberg Capital
About Atmosec
SaaS security platform The company is positioned in the Cybersecurity sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: Rothschild 41, Tel Aviv 6688203, Israel
- Founded: 2020
- Team Size: 150+
- Industry: Cybersecurity
What This Means
This funding round demonstrates strong investor confidence in Atmosec's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The Cybersecurity sector continues to attract significant investment as companies innovate to meet evolving market demands. Atmosec's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $500M valuation marks an important milestone for Atmosec, positioning the company among notable players in the Cybersecurity industry.
Looking Ahead
With this new capital, Atmosec is well-positioned to execute on its growth strategy and continue building innovative solutions in the Cybersecurity space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
---
This fundraising news was reported on 2024-08-16. For more information about Atmosec, visit their headquarters at Rothschild 41, Tel Aviv 6688203, Israel.
