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SentinelOne raises $200M at a $1.1B valuation to expand its AI-based endpoint security platform – TechCrunch
As cybercrime continues to evolve and expand, a startup that is building a business focused on endpoint security has raised a big round of funding.
In other words, the company has more than doubled its valuation in less than a year — a sign of the cybersecurity times.
Endpoint security, the area where SentinelOne concentrates its efforts, last year was estimated to be around an $8 billion market, and analysts project that it could be worth as much as $18.4 billion by 2024.
One of the key differentiators is the focus on using AI, and using it at scale to help mitigate an increasingly complex threat landscape, to take endpoint security to the next level.
“Competition in the endpoint market has cleared with a select few exhibiting the necessary vision and technology to flourish in an increasingly volatile threat landscape,” said Teddie Wardi, MD of Insight Partners, in a statement. | To read full story, visit https://startuparound.com/read/1582131607.5688896/SentinelOne-raises-$200M-at-a-$1.1B-valuation-to-expand-its-AI-based-endpoint-security-platform-–-TechCrunch?ref=audio_experience
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By Startup AroundAs cybercrime continues to evolve and expand, a startup that is building a business focused on endpoint security has raised a big round of funding.
In other words, the company has more than doubled its valuation in less than a year — a sign of the cybersecurity times.
Endpoint security, the area where SentinelOne concentrates its efforts, last year was estimated to be around an $8 billion market, and analysts project that it could be worth as much as $18.4 billion by 2024.
One of the key differentiators is the focus on using AI, and using it at scale to help mitigate an increasingly complex threat landscape, to take endpoint security to the next level.
“Competition in the endpoint market has cleared with a select few exhibiting the necessary vision and technology to flourish in an increasingly volatile threat landscape,” said Teddie Wardi, MD of Insight Partners, in a statement. | To read full story, visit https://startuparound.com/read/1582131607.5688896/SentinelOne-raises-$200M-at-a-$1.1B-valuation-to-expand-its-AI-based-endpoint-security-platform-–-TechCrunch?ref=audio_experience