New Funding Values KnowBe4 at $1 Billion

New Funding Values KnowBe4 at $1 Billion

The $300 million investment is being led by KKR.

KnowBe4, a security simulation and training company, has announced it will receive a $300 million investment round, raising its total valuation to $1 billion.

The latest round of funding is being led by KKR, through its Next Generation Technology Fund, with participation from existing investors Elephant and TenEleven Ventures.

In a statement announcing the investment, KnowBe4 said it anticipates using the new funds for global growth initiatives and platform development.

KnowBe4 provides a platform for training employees to recognize phishing messages and other social-engineering attacks.

Read more here.

Dark Reading’s Quick Hits delivers a brief synopsis and summary of the significance of breaking news events. For more information from the original source of the news item, please follow the link provided in this article. View Full Bio

New Funding Values KnowBe4 at $1 Billion

The $300 million investment is being led by KKR.

KnowBe4, a security simulation and training company, has announced it will receive a $300 million investment round, raising its total valuation to $1 billion.

The latest round of funding is being led by KKR, through its Next Generation Technology Fund, with participation from existing investors Elephant and TenEleven Ventures.

In a statement announcing the investment, KnowBe4 said it anticipates using the new funds for global growth initiatives and platform development.

KnowBe4 provides a platform for training employees to recognize phishing messages and other social-engineering attacks.

Read more here.

Dark Reading’s Quick Hits delivers a brief synopsis and summary of the significance of breaking news events. For more information from the original source of the news item, please follow the link provided in this article. View Full Bio

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