Security News
SentinelOne filed for an IPO in early June and in an amendment made to its S-1 registration statement on Monday the company revealed that it's offering 32 million shares of its Class A common stock. SentinelOne expects its IPO price to range between $26 and $29 per share, which means it hopes to raise up to $928 million.
SentinelOne has filed a registration statement on Form S-1 with the U.S. SEC to offer 32,000,000 shares of its Class A common stock to the public. SentinelOne has applied to list its Class A common stock on the New York Stock Exchange under the ticker symbol "S.".
SentinelOne announced the appointment of Siggi Petursson as Vice President, Customer-Centric Engineering and Martin Matula as Vice President, Engineering, Czech Republic Site Lead. SentinelOne's engineering organization operates on a global scale in multiple regional sites, enabling rapid innovation and scaled product delivery. Petursson brings more than 20 years of cybersecurity and software engineering leadership experience to SentinelOne, most recently holding the position of Sr. Director of Software Engineering at Oracle.
Founded in 2013, SentinelOne has created a platform that has evolved from a general endpoint protection solution to what the company describes as a "Full XDR cybersecurity platform" that includes AI-based endpoint protection, endpoint detection and response, IoT control, and protection for container and cloud workloads. The company achieved "Unicorn" status in early 2020 when it raised $200 million in a Series E round.
Combining data collected by the SentinelOne platform and Arete's frontline intelligence gained from thousands of incident response engagements, the new offering enables significantly broader protection for organizations of all types and sizes. Application of Arsinal threat hunting and auto-defense schema directly into SentinelOne client consoles, continuously hardening defenses against the latest malware and threat variants identified and remediated by Arete Experts.
SentinelOne announced the appointment of Ric Smith as Chief Technology Officer. With over 15 years of experience driving product development in pre- and post-IPO companies, Mr. Smith will accelerate global R&D efforts and support the rapid growth of SentinelOne's Singularity XDR platform across the endpoint, cloud, and IoT security markets.
With the Singularity XDR Marketplace, customers can seamlessly extend the power of the SentinelOne Singularity XDR platform across the entire IT stack, empowering security teams to unify technologies - regardless of vendor - to autonomously action data and protect against machine-speed threats in real-time. The Marketplace is a pivotal part of delivering SentinelOne's XDR vision, enabling the world's leading enterprises to ingest and action diverse data.
With this acquisition, SentinelOne will be able to ingest, correlate, search, and action data from any source, delivering the industry's most advanced integrated XDR platform for realtime threat mitigation across the enterprise and cloud. Through this acquisition, SentinelOne sets the bar for the XDR market and solves one of the biggest challenges in delivering a fully integrated XDR platform: ingesting and actioning all operational data in realtime from a security-first perspective.
SentinelOne, a late-stage startup jostling for a share of the expanding anti-malware market, expects the Scalyr deal to speed up its push into the lucrative XDR category. SentinelOne said its data services team will continue selling log management, observability, and event data cloud solutions in conjunction with the upcoming Scalyr integration.
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.