Illumio Raises $225M in Series F

Illumio has successfully raised $225M in a Series F at a $2.75B valuation led by Thoma Bravo.

Company Overview

Illumio is a Cybersecurity company headquartered in Sunnyvale, CA, founded in 2013 with 600+ employees.

Zero Trust segmentation

Fundraising Details

• Amount Raised: $225M
• Round Type: Series F
• Valuation: $2.75B
• Date: 2024-02-15
• Investors: Thoma Bravo

About Illumio

Zero Trust segmentation The company is positioned in the Cybersecurity sector, serving a growing market with innovative solutions.

Key Information

• Headquarters: Sunnyvale, CA
• Founded: 2013
• Team Size: 600+
• Industry: Cybersecurity

What This Means

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

Valuation Milestone

Reaching a $2.75B valuation marks an important milestone for Illumio, positioning the company among notable players in the Cybersecurity industry.

Looking Ahead

With this new capital, Illumio 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 2024-02-15. For more information about Illumio, visit their headquarters at Sunnyvale, CA.