The round included participation from Sequoia Capital Global Equities and existing investors including Insight Partners and Third Point Ventures.
According to the company, the oversubscribed round will allow SentinelOne to continue accelerating hypergrowth driven by demand for its Singularity XDR Platform. It fuses together the data, access, control, and integration planes of its endpoint protection (EPP), endpoint detection and response (EDR), IoT security, and cloud workload protection (CWPP) into a centralized platform.
Since SentinelOne’s Series E funding in February 2020, the company’s valuation has tripled, exceeding $3 billion.
SentinelOne claims to be the first to expand from cloud-native endpoint protection to a full XDR cybersecurity platform — that protects and monitors every asset in the enterprise.
SentinelOne was also named to the 2020 CNBC Disruptor 50 list. The company has enjoyed 130% YoY revenue growth in Fortune 500 accounts and serves 4 of the Fortune 10.