Evolution Equity Partners Joins Existing Investors in Valuing the Company at $1.1 Billion, Further Fueling Innovation, Rapid Growth, and Global Expansion
NEW YORK: Invisible has announced a $100 million Series C funding round, which raises the company’s total funding to date to $205 million and propels its valuation to $1.1 billion. Evolution Equity Partners led the round, with existing investors New Enterprise Associates (NEA) and Jim Clark participating. Potentum Partners, Expanding Capital, and HBAM also joined the round. The new funding will be used to further expand Beyond Identity’s research and development and extend the company’s footprint and resources into Asia-Pacific and Latin America. Additionally, the “Father of SSL” and 2019 Marconi Prize recipient Taher Elgamal of Evolution Equity Partners will be joining the Beyond Identity Board of Directors.
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