Kiteworks raised $456M in a funding round led by Insight Partners and Sixth Street Growth to enhance its secure data transfer and collaboration services.

Aug 15, 2024•over 1 year ago

Amount Raised

$456 Million

San MateoSoftware

Investors

Sixth Street GrowthInsight Partners

Description

Kiteworks, based in San Mateo, CA, has successfully raised $456M in funding. The company will utilize the funds to strengthen its market position in secure content communications, being the only FedRAMP authorized security platform for file sharing and data communications.

Company Information

Company

Kiteworks

Location

San Mateo, California, United States

About

Kiteworks’ mission is to empower organizations to effectively manage risk in every send, share, receive, and save of sensitive content. To this end, we created a platform that delivers content governance, compliance, and protection to customers. The platform unifies, tracks, controls, and secures sensitive content moving within, into, and out of their organization, significantly improving risk management and ensuring regulatory compliance on all sensitive content communications.

Related People

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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

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