Qualcomm Ventures and Samsung Ventures are in line for exits as the cybersecurity technology provider - valued at $3bn as of November - looks to float.
US-based autonomous cybersecurity software provider SentinelOne filed for a $100m initial public offering yesterday that would provide exits for consumer electronics producer Samsung and mobile semiconductor manufacturer Qualcomm.
SentinelOne’s cybersecurity software utilises artificial intelligence to autonomously detect, locate and respond to cyber threats across endpoints, containers, cloud workloads and connected devices.
The company has more than 4,700 customers and doubled revenue to $93m in the year ending January 2021, while its net loss rose from $76.6m to approximately $118m.
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