April 07 - 13:04
51D
Security firm Accellion raises $120 million
Accellion, which builds firewalls for sensitive business communications, has secured $120 million in new finance. Bregal Sagemount led the investment round. Accellion said the money will "help it accelerate acquisitions to further consolidate the sprawl of siloed applications". "We are very excited to bring on Sagemount as a strategic and financial partner," said its CEO Jonathan Yaron.
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