Cybersecurity Startup SentinelOne Joins Unicorn Club With $200 Million Round
February 19 2020 - 12:32PM
Dow Jones News
By Colin Kellaher
Cybersecurity startup SentinelOne on Wednesday said it raised
$200 million in a Series E funding round led by venture-capital
firm Insight Partners.
The Mountain View, Calif., company said the round brings its
total funding to $429.5 million and raises its valuation to $1.1
billion, making SentinelOne a unicorn, or a privately held startup
valued at $1 billion or more.
SentinelOne said Tiger Global Management, Qualcomm Ventures LLC,
Vista Equity Partners, Third Point Ventures and previous investors
also participated.
Insight Partners led a $120 million Series D funding round for
SentinelOne last year.
SentinelOne said it will use the funding to accelerate growth
and to meet rising demand for its endpoint protection platform.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
February 19, 2020 12:17 ET (17:17 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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