QCOM QUALCOMM Inc

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)

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