FinTechFunding

deepwatch: Raises $53M in Growth Funding

  • deepwatch, a Washington, DC-based provider of intelligence driven managed security services, closed a $53m Series B funding round
  • The round was led by Goldman Sachs with participation from existing investor ABS Capital Partners
  • As part of the investment, Holger Staude, a Managing Director of Goldman Sachs Growth, will join the Board
  • The company also intends to use the funds to accelerate R&D of its cloud security platform, continue go-to-market growth and expand its partner ecosystem
  • deepwatch secures enterprises via its automated cloud based SOC platform backed by a team of experts that protect networks and digital assets 24/7/365
  • Then the company’s managed security services used by global organizations
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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