Funding round
Securonix Growth
Reported as "Growth Equity"
Securonix, which works in unified defense SIEM platform development in Plano, raised $1.00B in a Growth round announced on 15 Feb 2022, led by Vista Equity Partners. 3 firms took part. It is Securonix's second venture round on record; the one before was a Series A in Sep 2017.
$1.00B
Amount raised
Not disclosed
Post-money valuation
3
Investors
1 lead
Valuation
What this round says about the price
Securonix did not disclose a valuation in this round. It came 53 months after Securonix's Series A. It is 97% of the $1.03B Securonix has raised in the venture rounds on record. No later venture round is on record for Securonix.
Securonix's funding rounds
Securonix has 2 venture rounds on record. This one is highlighted.
- Series A 20 Sep 2017, led by Volition Capital $29M
- Growth this round 15 Feb 2022, led by Vista Equity Partners $1.00B
Investors
Who put money in
Vista Equity Partners led the round with 2 other firms.
Lead investor
- Vista Equity Partners backs 43 venture-backed companies new investor
Also in the round
- backs 42 venture-backed companies new investor
- backs 125 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations, acquisitions and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Acquisitions
- Working capital
Comparable rounds
How it compares
427 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $60M, and this round was 17 times the median. The closest in time, other companies' Growth rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| RELEX Solutions Tech Companies | 17 Feb 2022 | $568M | $5.68B | Blackstone |
| Tech Companies | 1 Feb 2022 | $350M | not disclosed | K1 Investment Management |
| Branch Tech Companies | 10 Feb 2022 | $300M | $4.00B | New Enterprise Associates |
| Chargebee Tech Companies | 1 Feb 2022 | $250M | $3.50B | Tiger Global and Peak XV Partners |
| Cart.com Tech Companies | 3 Feb 2022 | $240M | not disclosed | Legacy Knight Capital Partners |
| Tech Companies | 14 Feb 2022 | $200M | not disclosed | Spectrum Equity and 22C Capital |
| Tech Companies | 22 Feb 2022 | $150M | not disclosed | Tiger Global |
| Tech Companies | 15 Feb 2022 | $100M | $2.00B | Blackstone |
Sources
Where this comes from
Reported by 5 sources.
Questions
Frequently asked
How much did Securonix raise in its Growth round?
Securonix raised $1.00B in its Growth round, announced in Feb 2022.
Who led Securonix's Growth round?
Vista Equity Partners led it, with Volition Capital and Eight Roads.
What was Securonix's valuation at the Growth round?
It was not disclosed.
How does it compare with other Growth rounds in Tech Companies?
427 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $60M, and this round was 17 times the median.