The Qualcomm Ventures and Samsung Ventures-backed XDR cybersecurity platform developer is going public in an offering sized above $1.22bn.
SentinelOne, a US-based cybersecurity technology producer backed by mobile chipmaker Qualcomm and consumer electronics manufacturer Samsung, is raising more than $1.22bn today in an upsized initial public offering.
The offering consists of 35 million shares issued on the New York Stock Exchange, increased from an initial allocation of 32 million, priced at $35.00 each, above its $31 to $32 range.
Existing SentinelOne investors Tiger Global Management, Insight Partners, Third Point Ventures and Sequoia Capital have agreed to acquire $50m more…
