Sonrai Security Announces $50M In Series C Funding Led By Istari To Scale Multicloud Security For Global Enterprises
Oct 26, 2021•almost 4 years ago
Amount Raised
$50 Million
Round Type
series c
Description
Sonrai Security, a leader in public cloud security, today announced that it has secured $50M in Series C funding in a round led by ISTARI, a global cybersecurity platform dedicated to helping clients build cyber resilience, with participation from existing investors Menlo Ventures, Polaris Partners, TenEleven Ventures and New Brunswick Innovation Fund. The Series C round brings the total capital raised by Sonrai to $88 million. Sonrai plans to use new funding to accelerate research and development and expand sales and marketing globally for the company’s industry-leading cloud security platform.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech