On-Track to Hit $100M in Annual Recurring Revenue in Early 2020 Just Over Four Years After Inception, New Investment Will Help HeadSpin Deepen Position Within Cloud Ecosystems
PALO ALTO, Calif.-Saturday 29 February 2020 [ AETOS Wire ]
(BUSINESS WIRE)-- HeadSpin, the company that ensures flawless connected experiences enabled by web, mobile, IoT and 5G, today announced a $60 million Series C funding round led by Dell Technologies Capital and ICONIQ Capital with participation from institutional investors Tiger Global Management, Kearny Jackson, and Alpha Square Group. The round brings the total amount raised since inception to $117 million. HeadSpin will use the funding to develop new product offerings, expand into new market segments, and deepen position within cloud ecosystems.
HeadSpin also announced that Nikesh Arora, Chairman CEO of Palo Alto Networks, has joined the company Board of Directors as Chairman of the Board. Arora is the for
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