SentinelOne raises $200M at a $1.1B valuation to expand its AI-based endpoint security platform
As cybercrime continues to evolve and expand, a startup that is building a business focused on endpoint security has raised a big round of funding. SentinelOne — which provides a machine learning-based solution for monitoring and securing laptops, phones, containerised applications and the many other devices and services connected to a network — has picked up […] Continue reading SentinelOne raises $200M at a $1.1B valuation to expand its AI-based endpoint security platform
Ping Identity announced its first acquisition since being acquired by Vista Equity Partners in June for $600 million, grabbing Austin-based UnboundID for an undisclosed purchase price. The purchase, which Ping CEO Andre Durand says wouldn’t have been possible before the acquisition, expands his company’s mission beyond protecting pure business identity to customer identity and… 
When I walked into a conference room last Tuesday at the Cloud Identity Summit in New Orleans to interview Ping Identity CEO Andre Durand, it was my first chat with him since the company had been sold the week before for $600 million (as reported by The Information), a tidy exit for the 14 year old company.
It’s been a blistering start to summer if you’re an investor interested in business software. With the U.S. Memorial Day holiday in the rearview mirror and temperatures beginning to climb across the country, the heat index for dealmaking among companies focused on selling technology to businesses seems to have gone up as well. But beneath the big deals for Demandware (bought…