SentinelOne has announced that it has secured $200 million in the latest round of funding. The raised capital will be used to focus on artificial intelligence to bolster cybersecurity, support its growth, including hiring for development, marketing, and sales. The latest round of funding has led the company valuation to $1.1 billion. The funding was led by Insight Partners, Vista Equity Partners, Tiger Global Management, Qualcomm Ventures, and The Westly Group.
SentinelOne’s platform automates endpoint security using an AI engine. The platform embeds its AI in every endpoint in a company’s network, including phones, laptops, and connected IoT objects.