Sentinel Labs authorized enough shares for a $153 million raise at a valuation of $994 million, if all shares authorized are issued. The cloud security company is previously backed by Data Collective, Granite Hill Capital, Redpoint Ventures, NextEquity Partners, Samsung, and Insight Venture Partners to name a few. The most recent round, Series E, follows $25.48 million raised for Series D, valuing the company at $550 million. The terms surrounding the Series E include a pari passu liquidation preference with C and D preferred, and conventional convertible meaning they will not participate with common stock if there are remaining proceeds. The most recent price per share is $4.8617, an up round from Series D at $3.2833.
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