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Venture Capital News: DTEX Systems Completes $50M Series E Round

2024-03-05
SAN JOSE, CA, DTEX Systems, the global leader for insider risk management, today announced that it closed $50 million in Series E funding.
CapitalG, the independent growth fund of Google's parent company Alphabet, led the new investment round, bringing DTEX Systems' total funding raised to $138M. The funding will be used to expand the company's U.S. engineering team and grow its go-to-market (GTM) operations globally, accelerating its mission to proactively protect global organizations from insider threats.

As the global leader for insider risk management, DTEX empowers organizations to prevent data loss and support a trusted workforce by stopping insider risks from becoming insider threats. Its InTERCEPT™ platform consolidates the essential elements of data loss prevention, user behavior analytics, and user activity monitoring in a single light-weight platform to detect and mitigate insider risks well before data loss occurs. Combining AI/ML with behavioral indicators, DTEX enables proactive insider risk management at scale without sacrificing employee privacy or network performance.
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