CyberTech platform Aura hits $2.5bn valuation

Aura, which claims to provide an all-in-one digital security solution, has reached a $2.5bn valuation after it closed its Series F on $200m.

Madrone Capital Partners served as the lead investor, with commitments also coming from TenEleven Ventures, General Catalyst, WndrCo, Warburg Pincus and Accel.

Funds have been earmarked to increase its product, engineering and go-to-market teams, with it hoping to hire over 200 employees and bring its total staff count to 1,000. Additionally, capital will be spent on a national advertising campaign to drive awareness in the US.

Aura aims to build a safer online environment that helps people easily protect their identity, online accounts and devices. Its features include annual identity theft protection, financial fraud protection, device and network security and more.

The company claims to generate over $200m in revenue.

Madrone Capital Partners founder and general partner Jamie McJunkin said, “We are seeing cybercrime rise at an unprecedented rate, but the technologies designed to protect consumers from cybercriminals haven’t evolved much in more than a decade.

“Aura identified that gap in the market and delivered a simple solution to protect users online. We’re looking forward to partnering with the team to grow the business.”

With the close of the round, the CyberTech company has raised a total of $650m in funding. Aura previously raised $150m in its Series E funding round in June 2021, with Warburg Pincus serving as the lead investor.

Last week, cybersecurity platform Wiz increased its valuation to $6bn after it closed a $260m funding round. Wiz is designed to help companies improve their security on the cloud infrastructure through risk assessment tools.

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