Recorded Future Raises $300M in Series G
Recorded Future has successfully raised $300M in a Series G at a $1.2B valuation led by Insight Partners.
Company Overview
Recorded Future is a Cybersecurity company headquartered in Somerville, MA, founded in 2009 with 1000+ employees.
Threat intelligence platform
Fundraising Details
- Amount Raised: $300M
- Round Type: Series G
- Valuation: $1.2B
- Date: 2024-03-29
- Investors: Insight Partners
About Recorded Future
Threat intelligence platform The company is positioned in the Cybersecurity sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: Somerville, MA
- Founded: 2009
- Team Size: 1000+
- Industry: Cybersecurity
What This Means
This funding round demonstrates strong investor confidence in Recorded Future'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. Recorded Future's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $1.2B valuation marks an important milestone for Recorded Future, positioning the company among notable players in the Cybersecurity industry.
Looking Ahead
With this new capital, Recorded Future 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.
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This fundraising news was reported on 2024-03-29. For more information about Recorded Future, visit their headquarters at Somerville, MA.
