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Fundraising2 min read11/3/2024

SentinelOne Raises $267M in Series G

SentinelOne, a Cybersecurity company based in 444 Castro Street, Mountain View, CA 94041, has raised $267M in Series G at a $10B valuation led by Sequoia Capital, Tiger Global, Insight Partners, Redpoint Ventures, Third Point Ventures.

FNT

Fundraising News Team

Published on 11/3/2024

SentinelOne Raises $267M in Series G


SentinelOne Raises $267M in Series G

SentinelOne has successfully raised $267M in a Series G at a $10B valuation led by Sequoia Capital, Tiger Global, Insight Partners, Redpoint Ventures, Third Point Ventures.

Company Overview

SentinelOne is a Cybersecurity company headquartered in 444 Castro Street, Mountain View, CA 94041, founded in 2013 with 1400+ employees.

AI-powered cybersecurity

Fundraising Details

- Amount Raised: $267M
- Round Type: Series G
- Valuation: $10B
- Date: 2024-11-03
- Investors: Sequoia Capital, Tiger Global, Insight Partners, Redpoint Ventures, Third Point Ventures

About SentinelOne

AI-powered cybersecurity The company is positioned in the Cybersecurity sector, serving a growing market with innovative solutions.

Key Information

- Headquarters: 444 Castro Street, Mountain View, CA 94041
- Founded: 2013
- Team Size: 1400+
- Industry: Cybersecurity

What This Means

This funding round demonstrates strong investor confidence in SentinelOne'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. SentinelOne's successful fundraising reflects the strong fundamentals and growth potential in this space.


Valuation Milestone

Reaching a $10B valuation marks an important milestone for SentinelOne, positioning the company among notable players in the Cybersecurity industry.


Looking Ahead

With this new capital, SentinelOne 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 2024-11-03. For more information about SentinelOne, visit their headquarters at 444 Castro Street, Mountain View, CA 94041.

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