Sonrai Security Raises US$50M

Sonrai Security has closed a US$50 million (C$61.9 million) Series C funding round, meaning the New York- and Fredericton-based cloud security company has now raised US$88 million in less than three years.
Sonrai issued a press release last week saying the round was led by the venture capital arm of London-based cybersecurity company Istari, which was set up last year by the Singapore