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Dtex raises USD 17.5 mln funding to fuel market expansion

Monday 11 May 2020 | 13:32 CET | News
Insider threat cyber-security company Dtex Systems said it secured funding of USD 17.5 million led by Northgate Capital with additional participation from existing investors Norwest Venture Partners and Four Rivers Group. On the heels of doubling revenues in 2019, this new funding will be used to expand beyond established customer verticals including banking and financial services, critical infrastructure, government and defense, into industries where Dtex experienced recent success, such as pharmaceuticals, life sciences and manufacturing.

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Categories: Internet / IT
Companies: Dtex Systems
Countries: World
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