SentinelOne completes acquisition of cloud security startup PingSafe

SentinelOne, a cybersecurity company founded by Tomer Weingarten, Almog Cohen, and Ehud Shamir, recently finalized the acquisition of PingSafe. The deal puts PingSafe's value at over $100M, as reported by TechCrunch.

• Rapid Rise: Just six months prior, PingSafe secured a $3.3M seed round from notables such as Surge and Peak XV Partners.

• Speedy Success: Rajan Anandan of Peak XV hailed the deal as one of the Indian sector's quickest "seed to significant exit" stories.

• Strategic Synergy: SentinelOne is set to enhance its offerings by integrating PingSafe’s protection into its existing suite of cloud security solutions.

• Clientele and Credentials: Founded in 2022 by Nishant Mittal and Anand Prakash, PingSafe boasts clients like Flipkart and Razorpay. They've also bolstered major platforms like Uber and Meta against vulnerabilities.

• Market Movers: SentinelOne's own ascent includes a $1.2B raised in a 2021 IPO, reflecting its significant market influence since its inception in 2013.

This acquisition is a testament to SentinelOne's commitment to broadening its defensive horizons and providing an all-encompassing security architecture for its consumers.