Briefing
enterprise cloud

Cloud Startup Teleport Valued at $1.1 Billion After New Funding

By
Kevin McLaughlin
· · Source: The Information

Cloud startup Teleport, which sells software for managing access to corporate servers, applications and data, has raised $110 million in Series C funding led by Bessemer Venture Partners at a $1.1 billion valuation. Cybersecurity startups have proven resilient to previous economic downturns. While Teleport isn’t a pure cybersecurity company, its software helps companies keep corporate data...

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