Full coverage· Tech· Updated
Israeli Cybersecurity Firm Daylight Raises $80 Million at $400 Million Valuation
Israeli cybersecurity firm Daylight has raised $80 million in a Series B funding round, valuing the company at $400 million. The funding, led by Goldman Sachs, brings Daylight's total capital raised to $120 million. The company, which employs 80 people, develops an AI-powered cybersecurity solution.
2 newsrooms · 1 language · sincePlus
What happened
- 01Cybersecurity firm Daylight raised $80 million at a $400 million valuation.
- 02Goldman Sachs led the Series B funding round, with Okta Ventures also investing.
- 03Daylight's total funding now stands at $120 million since its founding.
- 04The company's revenues reportedly grew over 40 times in the past year.
- 05Daylight employs 80 people, with 43 based in Israel.
- 06The funds will support U.S. expansion and entry into new international markets.
The funds will be used to expand its U.S. operations and enter new international markets.
The coverage
2 newsrooms on this story
Who covered it
- LeftNone
- CentreNone
- RightNone
- HarediNone
- ArabNone
- Other2
How it broke
See which of the 2 newsrooms broke it, and who waited