SentinelOne said to triple its valuation to $3bn in upcoming investment round

Having achieved its unicorn status in February, SentinelOne is now said to be worth $3bn.

The Israeli cybersecurity powerhouse is currently in the process of raising a new round worth between $150m and $200m at a $3bn valuation, according to sources familiar with the matter speaking with Calcalist.

Sequoia Capital is reported to be the lead investor of the upcoming round that is also said to be backed by many of the company’s previous backers. The new funding would mark SentinelOne’s sixth cash injection and make it one of the biggest cybersecurity ventures in the world.

SentinelOne secured $200m in its Series E round in February, which pushed its valuation to $1.1bn.

Venture capital and private equity firm Insight Partners led the round. Other investments to the round came from Tiger Global Management, Qualcomm Ventures LLC, Vista Public Strategies of Vista Equity Partners, Third Point Ventures and several previous investors.

Enjoyed the story? 

Subscribe to our weekly RegTech newsletter and get the latest industry news & research

Copyright © 2018 RegTech Analyst


The following investor(s) were tagged in this article.