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Banyan Security Raises $30M In Growth Financing To Support Increased Demand For Innovative Zero Trust Network Access Platform

Jan 18, 2022•over 3 years ago

Amount Raised

$30 Million

Description

Banyan Security, a leading provider of Zero Trust Network Access (ZTNA) solutions, today announced it has raised $30 million in financing. The Series B funding was led by Third Point Ventures. Additional new investors include SIG and Alter Venture Partners and current investors Shasta Ventures and Unusual Ventures also participated in this round. The latest round brings the total investment in the company to $47 million.

Company Information

Company

Banyan

About

Banyan Software acquires, builds and grows great enterprise software businesses. With a permanent capital base, Banyan focuses on a buy and hold for life strategy for growing software companies that serve specialized markets. Founded in 2016, Banyan is backed by a world-class group of CEOs and investors with deep technology experience and currently operates across a number of growing verticals including healthcare, education, media, transportation, and financial services. For more information, please visit: http://www.banyansoftware.com. SOURCE Banyan Software, Inc.

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