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Bastille Raises $44 Million Series C Investment Led by Goldman Sachs Asset Management

Jan 25, 2024over 1 year ago

Amount Raised

$44 Million

San FranciscoComputer and Network Security

Investors

ComcastBessemer Venture PartnersGrowth Equity At Goldman Sachs Asset Management

Description

Bastille Networks, Inc. announced a Series C investment of $44 million, led by its new investor Growth Equity at Goldman Sachs Asset Management. The capital will be used to support the company's high growth and expand into new markets. Zartasha Chaudhry, of Goldman Sachs, will join Bastille’s Board of Directors to advise on the company's next stage of growth.

Company Information

Company

Bastille Networks

Location

San Francisco, California, United States

About

Bastille is the leader in wireless threat intelligence through software-defined radio. Bastille enables enterprise security teams to assess and mitigate the risk associated with the growing number of Cellular, RF and Wireless threats. Bastille’s patented software and security sensors bring visibility to devices emitting radio signals (Wi-Fi, Cellular, Bluetooth, BLE, Wireless dongles and other IoT communications) in your organization’s airspace. Through its patented software-defined radio and machine learning technology, Bastille senses, identifies and localizes threats, providing security teams the ability to accurately quantify risk and mitigate airborne threats that could pose a danger to sensitive information and network infrastructure.

FundzWatch™ Score

10
Low Activity
1 total signals

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech