Silverfort, a fraud prevention firm that unifies identity security across all on-prem and cloud environments, has secured $116 million in Series D funding in a round led by Brighton Park Capital (BPC), bringing its total amount raised to $222 million. The funding comes after 100% YOY growth, adding tens of millions in new ARR and hundreds of new enterprise customers. The company plans to use the funds to expand its platform with new product modules and accelerate its go-to-market strategy, focusing on channel partnerships.
Silverfort Raises $116M to Deliver a Unified Layer of Identity Security Across All Enterprise Resources, Including Previously ‘Unprotectable’ Ones