The cloud security technology provider increased its overall funding to $150m in a Quadrille Capital-led round that included existing investor Singtel Innov8.
US-based data protection software producer Bitglass secured $70m yesterday in a series D round that featured Singtel Innov8, the corporate venturing subsidiary of telecommunications firm Singtel.
Investment firm Quadrille Capital led the round, which included Australian sovereign wealth fund Future Fund and venture capital firms Norwest Venture Partners and New Enterprise Associates (NEA).
Founded in 2013, Bitglass has developed cloud access security broker (CASB) software that helps enterprises protect data shared in the cloud and through mobile devices.
Bitglass chief…
