Tech Company Financing Transactions
Twingate Funding Round
Twingate, based in Redwood City, secured $42 million from Bond Capital, 8VC and SignalFire.
Transaction Overview
Company Name
Announced On
4/14/2022
Transaction Type
Venture Equity
Amount
$42,000,000
Round
Series B
Investors
Proceeds Purpose
With this additional funding, Twingate will rapidly scale its operations to meet the growing demand for easy-to-use security solutions.
Company Information
Company Status
Private & Independent
Industry
Telecom
Mailing Address
541 Jefferson Ave. 100
Redwood City, CA 94063
USA
Redwood City, CA 94063
USA
Phone
Undisclosed
Website
Email Address
Overview
We started building Twingate in 2018 to solve the challenges every company faces around securing remote access. Although almost every technology evolved over the preceding 15 years and moved to the cloud -- and although the way that people work has also changed -- we were amazed to learn that remote access was still overwhelmingly provided via VPNs, a technology that has been largely unchanged since the 1990s.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 4/14/2022: Beam Impact venture capital transaction
Next: 4/14/2022: Iris Telehealth venture capital transaction
Share this article
About Database of VC Transactions
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs