DoControl
DoControl Raises $30M in Series B
Quick Facts
DoControl Raises $30M in Series B
DoControl has successfully raised $30M in a Series B at a $100M valuation led by StageOne Ventures, RTP Global, Vintage Investment Partners, Greenfield Partners.
Company Overview
DoControl is a Cybersecurity company headquartered in 11 West 42nd Street, New York, NY 10036, founded in 2020 with 80+ employees.
SaaS data access security
Fundraising Details
- Amount Raised: $30M
- Round Type: Series B
- Valuation: $100M
- Date: 2024-11-22
- Investors: StageOne Ventures, RTP Global, Vintage Investment Partners, Greenfield Partners
About DoControl
SaaS data access security The company is positioned in the Cybersecurity sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: 11 West 42nd Street, New York, NY 10036
- Founded: 2020
- Team Size: 80+
- Industry: Cybersecurity
What This Means
This funding round demonstrates strong investor confidence in DoControl'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. DoControl's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $100M valuation marks an important milestone for DoControl, positioning the company among notable players in the Cybersecurity industry.
Looking Ahead
With this new capital, DoControl 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 2024-11-22. For more information about DoControl, visit their headquarters at 11 West 42nd Street, New York, NY 10036.
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