Symmetry Systems raised $15M in a Series A funding led by Prefix Capital and ForgePoint Capital to expand its hybrid-cloud data security capabilities.
Mar 29, 2024•over 1 year ago
Amount Raised
$15 Million
Round Type
series a
Investors
Sameer SaitDavid TsaoBob GleichaufOmkhar ArasarathnamTom GonserAccenture VenturesForge Point CapitalPrefix Capital
Description
Symmetry Systems announced a $15 million Series A funding round led by Prefix Capital and ForgePoint Capital to support the company’s rapid growth in revenue, customers, and employees. The funding will also help expand the company's DataGuard solution to provide unified visibility into data objects across all data stores in today’s hybrid cloud environment.
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