Announces $90 Million in Series D Funding
Summary
Immuta will use the investment to further its market leadership position and capture rising demand for centralized, scalable access control across cloud data sets that are increasingly diverse and distributed on multiple compute platforms. Immuta will use the investment to accelerate product research and development, expand sales and marketing capacity to capture growing demand in the U.S., EMEA, and APAC, and deepen strategic partnerships within the cloud data ecosystem. This new funding will accelerate innovation and GTM expansion so we can deliver our platform to more customers as we lead the charge to define the future of cloud data access control.” “We looked at other competition in the space and Immuta’s product and solutions are really at the top of the heap,” said Hunter Somerville, General Partner at Greenspring Associates. We also liked that Immuta prioritized the data architecture and engineering team, from an end-sales standpoint, which we didn’t see from other solutions in the space.” “We invest in tomorrow’s winners,” said Jed Leidheiser, Partner at March Capital. Greenspring Associates currently manages over $12 billion in committed capital across a variety of specialized venture strategies on behalf of a diverse group of global investors.
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