Announced
Financials
Sources
Tags
Domestic
United States
Single Bidder
Venture Capital
Software
Private Equity
Private
Acquisition
Friendly
Completed
digital security products
Minority
Synopsis
Warburg Pincus, a global growth equity firm, led a $150m Series E round in Aura, a provider of comprehensive digital security for consumers. "The rise of digitization and with it, digital crime, is fueling a rapidly expanding market opportunity for personal digital security with a total available market of more than $100bn. In the first quarter of 2021 alone, identity theft grew more than 130%, driven by a dramatic increase in government benefits fraud -- up nearly 4k%," Hari Ravichandran, Aura Founder and CEO.
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