SentinelOne Announces $100 Million Venture Fund
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SentinelOne Declares $100 Million Enterprise Fund
By SecurityWeek Information on September 23, 2022
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Endpoint safety agency SentinelOne (NYSE: S) this week introduced a $100 million enterprise fund that the publicly-traded firm will use to speculate different safety startups.
Dubbed S Ventures, the corporate says the brand new fund will make investments throughout all levels of the startup lifecycle with a deal with safety and knowledge corporations that deliver use circumstances and will combine with SentinelOne’s “Singularity XDR” platform for unified prevention, detection, and response.
Along with offering capital, SentinelOne says it should present help to portfolio corporations to advertise innovation and assist speed up route-to-market and engineering scaling.
“Our early days have been outlined by the help of our buyers, who noticed the facility and promise of our imaginative and prescient. At present, I’m proud to see SentinelOne put money into future disruptors, doing our half to proceed a legacy of innovation,” stated Tomer Weingarten, CEO, SentinelOne.
“We’re dedicated to investing in innovation that solves mission-critical issues for the enterprise – and digital society at massive.” Weingarten added.
S Ventures has already made investments in safety corporations Armorblox, Noetic Cyber, Torq and Laminar.
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