/PRNewswire/ Fusion Connect, a leading managed security service provider of cloud communications and secure network solutions, announced today that it.
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With $30M extension, BigID boosts Series D to $100M at $1.25B valuation
When we last heard from BigID at the end of 2020, the company was announcing a $70 million Series D at a $1 billion valuation. Today, it announced a $30 million extension on that deal valuing the company at $1.25 billion just 4 months later.
This chunk of money comes from private equity firm Advent International, and brings the total raised to over $200 million across 4 rounds, according to the company. The late stage startup is attracting all of this capital by building a security and privacy platform. When I spoke to CEO Dimitri Sirota in September 2019 at the time of the $50 million Series C, he described the company’s direction this way:
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NEW YORK and TEL AVIV, Israel, April 22, 2021 /PRNewswire/
BigID, a leader in data discovery and intelligence for privacy, protection and perspective, today announced a $30 million investment from Advent International, one of the largest and most experienced global private equity investors, through Advent Tech, extending the company s $70 million Series D financing raised in December 2020. BigID has raised $200 million over four rounds since September 2019, a pace that illustrates the demand for BigID s novel and modern approach to data management. This latest financing brings BigID s valuation to $1.25 billion.
The pandemic has accelerated all automation and digital transformation programs by several years as companies recognize the need to innovate, placing increased pressure on IT leaders to deliver digital initiatives and overcome issues such as data silos. BigID s platform reimagines data management for enterprises, combining machine learning-based cla
HYPR Raises $35M Series C Led by Advent International
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NEW YORK, April 20, 2021 /PRNewswire/
HYPR, The Passwordless Company™ today announced it has raised $35 million in a Series C financing, doubling the company s total funding to over $70 million. The investment is led by Advent International through Advent Tech, the firm s dedicated global technology fund. Advent has significant experience in cyber technology, including recent early-stage investments in Wiz and
The Series C investment comes amid significant momentum for HYPR as it grows market share and the global workforce pivots to a flexible workplace model.