202405 Mar

DTEX Systems Raises $50M in Series E Funding

Summary

In conjunction with the funding, James Luo, partner at CapitalG who will be joining the DTEX board of directors. The company intends to use the funds to expand its U.S. engineering team and grow its go-to-market (GTM) operations globally. Its InTERCEPT™ platform consolidates the essential elements of data loss prevention, user behavior analytics, and user activity monitoring in a single platform to detect and mitigate insider risks well before data loss occurs. Combining AI/ML with behavioral indicators, the company enables proactive insider risk management at scale without sacrificing employee privacy or network performance. To support its growth, DTEX expanded its C-suite with the appointment of Marshall Heilman as CEO, Rajan Koo as CTO, and Dave Salverson as CFO.

Source: Finsmes

Funding

$50M
Amount
Mar 05 2024
Date
-
Investor
DTEX Systems
Company

Classifications

Companies