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Stock impact report

Sentra Closes $50 Million Series B Amid Surging Demand for Securing Data for AI Adoption [Yahoo! Finance]

Datadog, Inc. - Class A (DDOG) 
Last datadog, inc. - class a earnings: 2/13 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
NEW YORK, April 22, 2025 BUSINESS WIRE Sentra, the global leader in cloud-native data security platforms, today announced it has closed a $50 million Series B funding round, led by Key1 Capital with participation from existing investors Bessemer Venture Partners Zeev Ventures Standard Investments , and Munich Re Ventures . The funding brings Sentra's total investment to more than $100 million, following a more than 300% year-over-year increase in revenue and the addition of multiple new Fortune 500 customers. The injection of capital comes at a pivotal time as the company unveils new data security for AI capabilities in its Cloud-Native Data Security Platform (DSP), empowering organizations to secure sensitive data amidst the growing challenges of AI adoption. Sentra will leverage the new investment to fortify its position as a leader in the DSP space, grow its team of data security experts and continue to expand its platform to help organizations innovate confidently, knowing thei Show less Read more
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