What does Sentra do?
Sentra is a cloud-native data security company that protects organizations operating in multi-cloud and AI-driven environments. Its platform scans customer data in situ to ensure complete security coverage while reducing operational costs.
How much did they raise?
The company raised $50M in a Series B funding round led by Key1 Capital, with participation from existing investors including Bessemer Venture Partners, Zeev Ventures, Standard Investments, and Munich Re Ventures.
What are their plans for the money?
With the new funds, Sentra plans to consolidate its position in the DSP space, expand its team of data security experts, and further develop its platform, potentially enhancing enterprise data protection and operational efficiency.
What have they achieved so far?
Sentra has already made significant progress by differentiating itself through innovative technology that minimizes data scanning costs while ensuring comprehensive protection across cloud environments.