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Tessian Raises $65M Series C to Advance Security at the Human Layer


Tessian Raises $65M Series C to Advance Security at the Human Layer
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Lead investor March Capital has backed cybersecurity leaders CrowdStrike and KnowBe4; is joined by existing investors Sequoia, Accel.
25 May 2021 - SAN FRANCISCO. Human Layer Security company Tessian today announces that it has raised $65 million in Series C venture capital funding to accelerate its mission of quantifying and preventing human risk in global enterprises, and empowering people to do their best work without security getting in the way.
Tessian Founders
The round is led by March Capital, a venture-growth firm which has previously invested in cybersecurity unicorns such as CrowdStrike and KnowBe4. Existing Tessian investors Accel, Balderton Capital, Latitude and Sequoia Capital also participated in the Series C funding round, along with new investor Schroder Adveq, bringing Tessian’s total funding to-date over $120 million. The deal values Tessian at $500 million. ....

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Romanian programmer turns 'crazy idea' into US$6bil fortune


UiPath, which was valued at US$7bil (RM28.77bil) in 2019, is now worth about US$30bil (RM123.33bil) after its shares priced at US$56 (RM230), above a marketed range. That puts Dines (pic) among the world’s 500 richest, according to the Bloomberg Billionaires Index. UiPath
Daniel Dines struggled with life in the US after leaving his native Romania in 2001 to work for Microsoft Corp, but the experience created the foundation for one of the world’s biggest fortunes.
The software programmer returned to his homeland in 2005 to start the business known today as UiPath Inc, an automation-software maker that made its debut on April 21 after raising US$1.3bil (RM5.34bil) in a US initial public offering. Dines, the company’s chief executive officer, controls a stake worth more than US$6bil (RM24.66bil), according to data compiled by Bloomberg. ....

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A Struggling Immigrant Left His Job in the U.S. and Returned Home. Now, He's a Billionaire: 'I Had a Crazy Idea'


April
22, 2021
3 min read
A software programmer who left Romania for a job at Microsoft in the U.S. had a crazy idea that saw him return home and become one of the world s richest individuals, 
Daniel Dines is the CEO of UiPath Inc, an automation-software maker that raised $1.3 billion in a U.S. initial public offering on Wednesday. The 49-year-old owns a $6 billion stake in the company, making him one of the top 500 billionaires in the world. 
The path to that success, however, wasn t easy. Dines studied math and computer science at the University of Bucharest at a time when Romania was still under dictator Nicolae Ceausescu s rule. At last year s annual Montgomery Summit technology conference, he revealed that he immigrated to the U.S. in his 20s to work for Microsoft in 2001.  ....

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