DTEX Systems raised $50M in Series E funding led by Alphabet’s CapitalG to expand U.S. engineering team and grow its go-to-market operations globally.
Mar 05, 2024•over 1 year ago
Amount Raised
$50 Million
Round Type
series e
Investors
Alphabet’s Capital G
Description
DTEX Systems closed $50M in Series E funding with CapitalG leading the new investment round, bringing the company’s total funding raised to $138M. The funding will be used to expand the company’s U.S. engineering team and grow its go-to-market operations globally, accelerating its mission to proactively protect global organizations from insider threats.
Funding Insights
Based on industry dataVC-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