Cybersecurity

Fortinet

Fortinet raises $150M Series E at $5.5B valuation

$150M
Total Raised
Series E
Latest Round
2000
Founded
10000+
Employees
Sunnyvale, CA
1 min read

Quick Facts

Valuation
$5.5B
Latest Round Size
$150M
Latest Round Date
January 2024

Fortinet: Series E Funding Round

Fortinet has successfully raised $150M in Series E funding, reaching a valuation of $5.5B.

Company Overview

Network security platform

Funding Details

The Series E round was led by Summit Partners.

Company Information

  • Headquarters: Sunnyvale, CA
  • Founded: 2000
  • Employees: 10000+
  • Category: Cybersecurity

Investment

Fortinet plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • Summit Partners: Verified investor in Series E

Key Investors

Summit Partners
Lead Investor
Verified investor in Series E

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources