Silverfort raises $116 million Series D for identity security platform
PRIVATEJan 23, 2024
Amount Raised
$116 Million
Round Type
Series D
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Investors
Brighton Park CapitalSingtel Innov8Vintage Investment PartnersMaor InvestmentsGeneral Motors VenturesCiti VenturesGreenfield PartnersAcrew Capital
Description
Silverfort announced a $116 million Series D funding round led by Brighton Park Capital (BPC) with participation from existing investors including Acrew Capital, Greenfield Partners, Citi Ventures, General Motors Ventures, Maor Investments, Vintage Investment Partners and Singtel Innov8. The company’s valuation in the Series D increased significantly from its previous round in 2021.
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Company Information
Company
Silverfort
Location
Plano, Texas, United States
About
"The company has spent years building a best-in-class platform to solve holistically a growing security problem now gaining mainstream awareness,” said Avery Schwartz, Partner at Greenfield Partners who will join the company’s board of directors. Many of our customers have reported cases where the platform detected and stopped account takeover, lateral movement and ransomware propagation attempts.
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