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Kiteworks, formerly Accellion, which offers secure email and file transfer tools, raised $456M from Insight and Sixth Street Growth at a $1B+ valuation (@ingridlunden / TechCrunch) https://t.co/kFumglXcYF 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/xZ24C4E7lo
Kiteworks captures $456M at a $1B+ valuation to help secure sensitive data https://t.co/tU2HjErsnC
Kiteworks captures $456M at a $1B+ valuation to help secure sensitive data: Mark up another unicorn and large funding round for the cybersecurity industry: Kiteworks, a company that builds tools to secure email communications, file… https://t.co/ehN4OKWoMX #AI #AInews #AItips
Insight Partners and Sixth Street have invested $456 million in Kiteworks, a data security company, marking a significant minority growth investment. As part of this deal, Bregal Sagemount sold its stake in Kiteworks. The investment values Kiteworks at over $1 billion. Kiteworks, formerly known as Accellion, specializes in providing secure email and file transfer tools, playing a crucial role in the cybersecurity industry.