SentinelOne Raises $200 Million At $1.1 Billion Valuation

SentinelOne Raises $200 Million At $1.1 Billion Valuation

by NeoTech Post

SentinelOne, the autonomous endpoint protection company, raised $200 million in Series E funding led by venture capital and private equity firm Insight Partners, with participation from Tiger Global Management, Qualcomm Ventures, Vista Public Strategies of Vista Equity Partners, Third Point Ventures, and previous investors.

This Series E funding round brings the company’s valuation to $1.1 billion.

The SentinelOne cloud-native endpoint cybersecurity platform protects and monitors every asset in the enterprise. Leveraging patented behavioral AI models, the SentinelOne platform seamlessly unifies endpoint protection (EPP), endpoint detection and response (EDR), IoT control, and container and cloud-native workload protection (CWPP).

“The cybersecurity demands of today’s enterprises have evolved, and we’ve taken endpoint protection far beyond what it once was. Instead of solely protecting laptops, desktops, and servers with EPP and EDR capabilities, we protect the entire network edge with flexible, autonomous technology – from containerized workloads in the cloud and data center to IoT devices,” said Tomer Weingarten, CEO and Co-founder, SentinelOne. 

“Leveraging AI to process enormous amounts of data in real-time allows our customers to stay secure from all vectors of attack. Delivering value to customers well beyond the traditional endpoint is what positions SentinelOne as the fastest growing and most promising cybersecurity platform.”

Image Credit: SentinelOne