Twingate Raises $42M in Series B Funding

Twingate

Twingate, a Redwood City, CA-based provider of a solution for organizations to implement Zero Trust security, raised $42M in Series B funding.

The round, which brings Twingate’s total funding to $67m, was led by BOND, with participation from existing investors WndrCo, 8VC, and SignalFire.

The company intends to use the funds to continue growing its product and engineering teams, scale customer-facing services and support teams, launch operations in Europe and Asia-Pacific, and introduce a partner program to work with IT and security providers.

Led by CEO Tony Huie, Twingate enables companies to start on the journey towards Zero Trust by bringing together identity, device, and contextual information to manage access to anything employees need to work. Twingate integrates with existing SSO, MDM, EDR, and network security products.

Customers include Bitpanda, Blend, Bloomreach, Cameo, Hippo, and KeepTruckin.

FinSMEs

14/04/2022