Transmit Security Announces Citi Ventures and Goldman Sachs Asset Management as Additional Investors on Its Record-setting $543 Million Series A Funding Round

14 Sep, 2021

Transmit Security Announces Citi Ventures and Goldman Sachs Asset Management as Additional Investors on Its Record-setting $543 Million Series A Funding Round
Photo by Anthony Fomin on Unsplash

– Transmit Security announced that Citi Ventures and the Goldman Sachs have joined the company’s most recent $543m Series A funding round, setting a new record in investment history as the largest Series A investment in cybersecurity.
– The Series A round was led by Insight Partners and General Atlantic with additional investment from Cyberstarts, Geodesic, SYN Ventures, Vintage, and Artisanal Ventures.
– Previously bootstrapped, Transmit Security’s Series A funding round brings the company’s pre-money valuation to $2.2bn.
– Transmit Security will use the funding to increase the company’s global reach, expand its operations, and accelerate the company’s mission to help the world go passwordless.

Cyber Security Fraud Detection Identity Management Information Technology North America Security
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