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 Expel Raises $140.3 Million In Series E Funding, Catapulting Valuation To Over $1B

PRIVATENov 18, 2021

Amount Raised

$140 Million

Round Type

Series E

HerndonOtherInformation TechnologySustainabilitySoftwarePrivacy And SecurityCyber SecurityNetwork Security

Description

Expel, the managed detection and response (MDR) provider that aims to make great security as accessible as the internet, announced today that it has secured $140.3 million in Series E funding co-led by CapitalG, Alphabet’s independent growth fund, and Paladin Capital Group. These firms are both repeat lead investors, with CapitalG leading the Series D round in 2020 and Paladin leading the Series A round in 2016. The financing round includes participation from new investors Cisco Investments and March Capital, as well as existing investors Index Ventures, Scale Venture Partners and Greycroft. Expel was founded in 2016 and has secured a combined total of $257.9 million in financing and a valuation over $1 billion.

Who else raised in Sustainability and Privacy And Security around the same time

Companies in the same sectors as Expel, Inc. that raised within 45 days of this round, from Fundz verified event records.

  • TrojAI raised $500K (Seed) on December 22, 2021.
  • Dragos raised $200M (Funding Round) on October 28, 2021.
  • Invicti Security raised $625M on October 20, 2021.
  • WidePoint raised $2.9M (Seed) on October 4, 2021.
  • Great Atlantic Resources raised an undisclosed amount (Funding Round) on December 30, 2021.
  • Celigo raised $48M on December 22, 2021.

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Company Information

Company

Expel, Inc.

Location

12950 Worldgate Drive

Herndon, Virginia, United States

About

Expel is the leading managed detection and response (MDR) provider trusted by some of the world’s most recognizable brands to expel their adversaries, minimize risk, and build security resilience. Expel’s 24/7/365 coverage spans the widest breadth of attack surfaces, including cloud, with 100% transparency. We combine world-class security practitioners and our AI-driven platform, Expel Workbench™, to ingest billions of events monthly and still achieve a 23-minute critical alert MTTR. Expel augments existing programs to help customers maximize their security investments and focus on building trust—with their customers, partners, and employees. For more information, visit our website, check out our blog, or follow us on LinkedIn.

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Expel, Inc. raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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