Kiteworks Private Content Network vision validated by investment
Kiteworks secures $450 million from Insight Partners and Sixth Street Growth to enhance its FedRAMP-authorized secure content communication platform.
MAIN POINTS
- Kiteworks received a $450 million growth-equity investment.
- Investors include Insight Partners and Sixth Street Growth.
- The investment will strengthen Kiteworks' FedRAMP-authorized secure data transfer and collaboration platform.
TAKEAWAYS
- The investment partially provides liquidity while boosting Kiteworks' market position.
- Kiteworks remains the only FedRAMP-authorized unified support security platform.
- The funding validates Kiteworks' vision for a secure content communication network.