Kiteworks, a San Mateo, CA-based company which specializes in secure content communications, raised $456M in funding.
Backers included Insight Partners and Sixth Street Growth. Eoin Duane and Peter Sobiloff from Insight Partners and Alex Katz from Sixth Street will join the Kiteworks board of directors.
The company intends to use the funds to strengthen its market position in secure data transfer and collaboration as the only security platform authorized by FedRAMP to provide unified support for file sharing, managed file transfer, and email data communications to meet a broad range of global compliance requirements.
Led by CEO Jonathan Yaron, Kiteworks aims to empower organizations to effectively manage risk in every send, share, receive, and save of sensitive content. Its platform provides customers with a private content network that delivers content governance, compliance, and protection. It also unifies, tracks, controls, and secures sensitive content moving within, into, and out of their organization, improving risk management and ensuring regulatory compliance on all sensitive content communications.
The company protects over 100 million end users for over 3,650 global enterprises and government agencies.
FinSMEs
15/08/2024