What is Kiteworks?
Kiteworks offers a comprehensive platform designed to safeguard sensitive data and meet stringent regulatory requirements. Its software applies robust governance, encryption, policy controls, and audit tracking to critical business functions, including email communications, file sharing, managed file transfers, web forms, and application access. This integrated approach enables organizations to maintain data privacy and achieve compliance with various industry and governmental mandates.
How much funding has Kiteworks raised?
Kiteworks has raised a total of $136M across 5 funding rounds:
Debt
$600K
Series B
$2M
Series C
$12M
Share Placement
$1.4M
Private Equity
$120M
Debt (2002): $600K, investors not publicly disclosed
Series B (2007): $2M, investors not publicly disclosed
Series C (2012): $12M supported by Riverwood Capital
Share Placement (2012): $1.4M, investors not publicly disclosed
Private Equity (2020): $120M backed by Bregal Sagemount
Key Investors in Kiteworks
Bregal Sagemount
Bregal Sagemount is a private equity firm specializing in growth capital and emerging growth investments, focusing on middle-market and later-stage companies. Their involvement suggests a belief in Kiteworks' established market presence and future expansion potential.
Riverwood Capital
Riverwood Capital is a private equity firm that invests in high-growth technology and technology-enabled companies. Their investment in Kiteworks indicates a strategic focus on software and digital technologies that drive value creation in the enterprise sector.
What's next for Kiteworks?
The recent major strategic investment signifies a pivotal moment for Kiteworks, likely enabling accelerated product development, expansion into new markets, and enhancement of its security and compliance offerings. This capital infusion is expected to bolster the company's ability to address the escalating demand for secure data management solutions, further solidifying its role as a leader in the enterprise data protection sector. Strategic partnerships and technological advancements are anticipated as the company leverages this new backing to drive innovation and broaden its customer base.
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