Total amount raised
$156 Millions
Latest funding date
3/1/2023
Location
Securiti has successfully raised significant funding through multiple rounds, attracting a diverse group of investors. The platform offers a comprehensive suite of tools for data security, governance, privacy, and compliance.
Keep reading to explore the intricacies of Securiti's fundraising journey and the investors backing this innovative platform.
What Is Securiti?
Securiti, founded in 2018, is headquartered in San Jose, California. The company specializes in data security, privacy, governance, and compliance, offering a unified platform known as the Data Command Center. Although the exact number of employees and the founders' names are not disclosed, Securiti continues to make significant strides in the tech industry.
How Much Funding Has Securiti Raised?
- Series A
- Amount Raised: $31M
- Date: August 2019
- Lead Investors: Mayfield Fund
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate product development and expand market reach.
- Series B
- Amount Raised: $50M
- Date: January 2020
- Lead Investors: General Catalyst
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and enhance the Data Command Center platform.
- Venture Round
- Amount Raised: Not disclosed
- Date: April 2021
- Lead Investors: Cisco Investments
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To strengthen strategic partnerships and drive innovation.
- Venture Round
- Amount Raised: Not disclosed
- Date: May 2021
- Lead Investors: Workday Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support product enhancements and market expansion.
- Series C
- Amount Raised: $75M
- Date: October 2022
- Lead Investors: Owl Rock Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To launch the DataControls Cloud platform and double the workforce.
- Venture Round
- Amount Raised: Not disclosed
- Date: March 2023
- Lead Investors: Capital One Ventures, Citi Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further develop data security and compliance solutions.
Total Amount Raised: $156M. Current Valuation: Not publicly disclosed.
Key Investors
- Owl Rock Capital
- Details: Owl Rock Capital is a leading investment firm that provides direct lending solutions to middle-market companies. They focus on offering flexible capital solutions tailored to the needs of their clients.
- Investment Focus Areas: Middle-market companies, direct lending, capital solutions.
- Notable Investments: BlueVine, and various middle-market companies.
- Mayfield Fund
- Details: Mayfield is a venture capital firm with a focus on early-stage investments in technology companies. They have a long history of backing innovative startups that have the potential to disrupt industries.
- Investment Focus Areas: Enterprise software, consumer technology, health tech.
- Notable Investments: Lyft, SolarCity, Poshmark.
- General Catalyst
- Details: General Catalyst is a venture capital firm that invests in powerful, positive change that endures. They support companies across all stages of development, from seed to growth stages.
- Investment Focus Areas: Technology-driven businesses, consumer technology, enterprise software.
- Notable Investments: Airbnb, Stripe, Snap Inc.
- Cisco Investments
- Details: Cisco Investments is the corporate venture capital arm of Cisco Systems, Inc. They invest in innovative startups that align with Cisco's strategic interests.
- Investment Focus Areas: Networking, cybersecurity, cloud computing.
- Notable Investments: Cohesity, ThousandEyes, Pexip.
- Workday Ventures
- Details: Workday Ventures is the strategic investment arm of Workday, Inc. They focus on early to growth-stage companies that can benefit from Workday's expertise and market presence.
- Investment Focus Areas: Enterprise software, human capital management, financial management.
- Notable Investments: Scout RFP, BetterUp, Pymetrics.
What's Next for Securiti?
With the launch of the DataControls Cloud platform, Securiti is poised to capitalize on the growing demand for integrated data security and privacy solutions. This platform's ability to manage data across various environments, including public and private clouds, SaaS applications, and data clouds like Snowflake, positions Securiti to tap into a substantial market. The company's existing relationships with major enterprises like Cisco, Dell, and Capital One further underscore the vast opportunities ahead.
As Securiti continues to experience significant revenue growth, future fundraising opportunities seem likely. The recent Series C funding and plans to double the workforce indicate that additional capital may be sought to support further expansion and innovation. However, the company will need to navigate challenges such as competition from other data security providers and the need to stay ahead of evolving cybersecurity threats and privacy regulations.
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