Snowflake Ventures was among the participants in a round valuing the security analytics software provider at $1.4bn.

US-based security analytics platform developer Panther Labs received $120m yesterday in a series B round featuring Snowflake Ventures, the corporate venturing subsidiary of data management software provider Snowflake, at a $1.4bn valuation.

Investment manager Coatue Management led the round and was also joined by Iconiq Growth, Lightspeed Venture Partners, S28 Capital and Innovation Endeavors.

Incubated by venture capital fund S28 Capital, Panther’s cloud cybersecurity software is designed to quickly and flexibly detect threats by analysing terabytes of data each day…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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