Tech Company Financing Transactions
SGNL.ai Funding Round
SGNL.ai, based in Palo Alto, secured $30 million from Cisco Investments, Costanoa Venture Capital and M12.
Transaction Overview
Company Name
Announced On
2/13/2025
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series A
Proceeds Purpose
The company intends to use the funds for: Talent acquisition: expanding the team with go-to-market and product talent. Open standards and partnerships: strengthening commitment to open security frameworks and customer-focused integrations. Market Expansion: growing its market presence across industries and driving adoption among Fortune 500 enterprises.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
650 Center Dr.
Palo Alto, CA 94301
USA
Palo Alto, CA 94301
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
SGNL's founders, Scott Kriz and Erik Gustavson, have spent over a decade developing innovative identity solutions. After Google acquired Bitium, an Identity and Access Management company, in 2017 they turned their attention from the Authentication (AuthN) space to Authorization (AuthZ).
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Scott Kriz
Chief Information Officer
Conrad Smith
Chief Technical Officer
Atul Tulshibagwale
VP - Engineering
Prathima Rao
VP - Operations
Laurie Nelson
VP - Product Management
Erik Gustavson
VP - Product Management
Marc Jordan
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We report on all VC transactions involving tech companies. VC investment data records reported here come from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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