Contrast Security was founded in 2013 by Arshan Dabirsiaghi and Jeff Williams. The company has not publicly endorsed plans to participate in an IPO.
Contrast security is a developer of application security software. In 2021 the company acquired CloudEssesence, an Israeli app security provider. Contrast Security has raised more than $250 million in venture capital funding from investors including Liberty Strategic Capital, Warburg Pincus, Battery Ventures, General Catalyst, and Microsoft Ventures. After a $150 million Series E funding round in 2021, the company announced that its valuation had surpassed $1 billion.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
11/09/2021 | Series E | $120.17MM | $xx.xx | $139.28B | Acero Capital, Axa Venture Partners, Battery Ventures, General Catalyst, Liberty Strategic Capital, M-12 Fund, Warburg Pincus | |
Price per Share
$xx.xx
Shares Outstanding
7,250,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Acero Capital, Axa Venture Partners, Battery Ventures, General Catalyst, Liberty Strategic Capital, M-12 Fund, Warburg Pincus
|
||||||
02/28/2019 | Series D | $65MM | $xx.xx | $46.11B | Acero Capital, Axa Venture Partners, Battery Ventures, General Catalyst, M12, Warburg Pincus | |
Price per Share
$xx.xx
Shares Outstanding
10,093,318
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Acero Capital, Axa Venture Partners, Battery Ventures, General Catalyst, M12, Warburg Pincus
|
||||||
10/18/2017 | Series C | $32.99MM | $xx.xx | $20.64B | Acero Capital, Battery Ventures, General Catalyst | |
Price per Share
$xx.xx
Shares Outstanding
9,887,916
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Acero Capital, Battery Ventures, General Catalyst
|
||||||
09/28/2016 | Series B | $16MM | $xx.xx | $8.23B | Acero Capital, General Catalyst Partners, John W. Thompson, Paul Sagan, Ron Gula | |
Price per Share
$xx.xx
Shares Outstanding
9,091,940
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Acero Capital, General Catalyst Partners, John W. Thompson, Paul Sagan, Ron Gula
|
||||||
06/25/2014 | Series A | $8.95MM | $xx.xx | $2.24B | Acero Capital | |
Price per Share
$xx.xx
Shares Outstanding
11,942,888
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Acero Capital
|