Entro Security raised $18M in a Series A round led by Dell Technologies Capital and participated by Hyperwise Ventures, StageOne Ventures, Rakesh Loonkar, and Mickey Boodaei to scale global operations for NHI and Secrets Management platform.
Jun 18, 2024•over 1 year ago
Amount Raised
$18 Million
Round Type
series a
Tel AvivInvestors
Mickey BoodaeiRakesh LoonkarStage One VenturesHyperwise VenturesDell Technologies Capital
Description
Entro Security announced the closure of an $18 million Series A round led by Dell Technologies Capital, with the participation of seed investors Hyperwise Ventures and StageOne Ventures, as well as angel investors Rakesh Loonkar and Mickey Boodaei. The funding will be used to scale global operations and meet the strong demand for its platform across key industries.
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