Concentric AI raised $45M in a Series B round led by Top Tier Capital Partners and HarbourVest Partners to expand its go-to-market strategies in the rapidly growing DSPM market.
Amount Raised
$45 Million
Round Type
Series B
San MateoInformation TechnologySoftwareArtificial IntelligenceMachine LearningNatural Language ProcessingInvestors
Description
Concentric AI announced today that it has secured $45M in financing through a Series B round, bringing its total funding to over $67 million. This investment will allow Concentric AI to accelerate its data security innovations and strengthen its leadership in the AI-driven Data Security Governance market.
Quick answer
Concentric AI raised $45 Million in a Series B round, dated October 24, 2024. Investors: Engineering Capital, Ballistic Ventures, Clear Ventures, Citi Ventures, CyberFuture, HarbourVest Partners and Top Tier Capital Partners. Concentric AI is based in San Mateo, California, United States.
- How much did Concentric AI raise?
- Concentric AI raised $45 Million in a Series B round on October 24, 2024.
- Who invested in Concentric AI?
- Engineering Capital, Ballistic Ventures, Clear Ventures, Citi Ventures, CyberFuture, HarbourVest Partners and Top Tier Capital Partners are named as investors in this round.
- What does Concentric AI do?
- Concentric AI is a leading vendor of intelligent AI-based solutions for autonomous data security posture management (DSPM).
- Where is Concentric AI based and how big is it?
- Concentric AI is based in San Mateo, California, United States. Fundz records about 89 employees.
- Who are the decision-makers at Concentric AI?
- Fundz holds 5 contacts at Concentric AI. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Natural Language Processing and Software around the same time
Companies in the same sectors as Concentric AI that raised within 45 days of this round, from Fundz verified event records.
Who to call at Concentric AI, and when
A new round usually means Concentric AI is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Concentric AI raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Concentric AI, from your own LinkedIn network
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Funding Insights
What this usually meansConcentric AI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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