Security News > 2020 > November > SentinelOne raises $267 million to accelerate growth driven by demand for its Singularity XDR Platform

SentinelOne announced it has raised $267 million in Series F funding led by Tiger Global Management, with participation from Sequoia Capital Global Equities and existing investors including Insight Partners and Third Point Ventures.

The significantly oversubscribed round will allow SentinelOne to continue accelerating hypergrowth driven by demand for its Singularity XDR Platform, today's leading solution for complete enterprise protection.

SentinelOne is the first to expand from cloud-native endpoint protection to a full XDR cybersecurity platform - that protects and monitors every asset in the enterprise.

According to the study, "SentinelOne offers a software-as-a-service solution that allows the customer and its endpoint users flexibility regarding physical location and access while still maintaining vigilance," and continued that SentinelOne "Enables the detection of more previously undetectable threats through its AI-powered behavior analysis that can predict and prevent malware and ransomware attacks."

"SentinelOne had the foresight to design and deliver a cloud-native autonomous platform solution far ahead of its time. It's this vision and ability to execute that provides us confidence that SentinelOne will continue its growth trajectory and realize its potential as one of cybersecurity's next great companies."

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