Announced
Completed
Financials
Sources
Tags
Private Equity
Completed
Venture Capital
Acquisition
United States
Single Bidder
Domestic
access management
Digital Services
Private
digital solutions
Minority
software development
Friendly
Synopsis
Bessemer Venture Partners, an American venture capital firm, led a $110m Series C round in Teleport, a provider of Identity-based Infrastructure Access Management, with participation from Insight Partners, Kleiner Perkins and S28 Capital. "Growing complexity of modern cloud environments has led to a situation where managing secure access to infrastructure begins to break, as evidenced by increased frequency and severity of breaches," Ev Kontsevoy, Teleport Co-Founder and CEO.
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