SentinelOne raises $1.2bn in 'highest valued cybersecurity IPO'

Cybersecurity vendor closed more than 20 per cent above initial price on first day of trading

clock • 1 min read

Cybersecurity vendor SentinelOne outperformed expectations at its IPO on the New York Stock Exchange on Wednesday, raising $1.2bn in the highest ever valued cybersecurity IPO, according to a report...

To continue reading this article...

Join CRN

  • Enjoy full access to channelweb.co.uk - the UK’s top news source for the IT channel
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with the Insider weekly newsletter curated by CRN’s editor
  • Be the first to hear about our industry leading events and awards programmes

 

Join now

 

Already a CRN member?

Log in

You may also like
Rubrik completes IPO, boosting fundraise to $752m

Vendor

The data security firm becomes the first cybersecurity vendor to go public in more than two years.

clock 25 April 2024 • 2 min read
ThreatLocker CEO: $115m in new funding will help drive R&D, support, marketing with plans to double workforce

Vendor

ThreatLocker co-founder and CEO Danny Jenkins said the vendor's priority is to continue improving its zero trust endpoint platform

clock 25 April 2024 • 4 min read
Rubrik files IPO plans, reports $784m in ARR

Vendor

The data security firm aims to become the first vendor in the cybersecurity industry to complete an IPO in more than two years.

clock 03 April 2024 • 2 min read

More on Vendor

Channel Digest: Pay no attention to the AI behind the curtain

Channel Digest: Pay no attention to the AI behind the curtain

This week's edition of CRN's weekly Channel Digest newsletter covers the recent surge in vendor and partner M&A and AI a key driver

clock 26 April 2024 • 2 min read
Microsoft earnings preview: 5 things to know

Microsoft earnings preview: 5 things to know

AI, Azure and security are just some of the biggest topics expected to come up Thursday on the company’s third fiscal quarter earnings call

Wade Tyler Millward
clock 26 April 2024 • 12 min read
AWS showcases partner-first genAI strategy at 2024 summit

AWS showcases partner-first genAI strategy at 2024 summit

The vendor highlighted AI opportunities as partners discuss monetisation challenges

Andrea Gaini
clock 25 April 2024 • 4 min read