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Secondary marketplace / Explore private companies / Dtex IPO
Dtex

Dtex IPO

$435.13MM
Series E Valuation, Mar 2024
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Dtex IPO date and status

2014
Founded
IPO Mentioned
Confidential Filing
S-1 Filed
IPO

Company details

DTEX Systems is an insider risk management software company and the developer of DTEX InTERCEPT, a platform aiming to help organizations across industries such as financial services, manufacturing, technology, and healthcare to identify insider threats and stop data loss. Using AI and machine learning with activity monitoring, the platform seeks to enable teams to be proactive with insider threats. HR, IT, and finance teams use their workforce cyber intelligence solution, DTEX Pulse, with the goal of analyzing company asset engagement and discovering areas for efficiency. DTEX Systems was founded in 2002 and is headquartered in Saratoga, California.
dtexsystems.com
Sector
Enterprise Software
Subsector
Cybersecurity
Founded
2014
Headquarters
Saratoga, CA, United States
Founders
Christiaan Nillissen, Mohan Koo
Forge Price 1
Price not yet available
Market Activity 2
Limited
Last Matched Price
Get Full Access
Post-Money Valuation 3
$435.13MM
Total Funding
$266.83MM
Last Funding Round
Series E

Learn more about Dtex

To invest in Dtex pre-IPO

Can you invest in Dtex pre-IPO?

Dtex is privately held and not traded on public markets, so pre-IPO investments are available only to accredited investors.

If you’re already accredited and have completed Forge’s verification, you can visit our marketplace to review and invest in private companies ahead of an IPO.

If you haven’t yet completed your accredited investor verification with Forge, you can start that process now to unlock access to new private-company offerings.

For more on who qualifies—and how to get verified—see our blog “Accredited investors, qualified clients and qualified purchasers: Who can invest?”

Can you sell shares of Dtex before it goes public?

Yes, subject to any contractual or corporate transfer restrictions, it is possible to list your shares to sell while Dtex is still private. If you’re considering selling, you can register today for free to get started. Once registered, you can evaluate pricing insights and market activity to inform your decision, then post your shares for sale and set the terms, like quantity and price—all directly through our platform.

If you’d like additional guidance at any point, Forge private market specialists are available to help. For a step-by-step overview, check out our seller’s guide.

What is the pre-IPO value of my Dtex shares?

To explore the value of your Dtex shares, create a free account to access Forge’s marketplace. Once inside, you’ll find several pricing insights to help guide your decision—these include historical transaction data, a live order book showing current buy and sell interest, and Forge Price™, a derived, indicative price based on recent transactions, investor activity, and other relevant market data.

These insights can help you determine a price you’re comfortable with if you choose to sell your shares. If you’d like additional guidance along the way, Forge private market specialists are available to help. You can also review our seller’s guide for a step-by-step overview.

Is Dtex a publicly traded company?

Dtex is a private company and not publicly traded.

If you’re interested in buying or selling shares in private companies, you can register with Forge today for free to explore available opportunities. Once registered, you’ll gain access to our marketplace, where you can view active buy and sell interest, evaluate pricing signals and take action directly through the platform.

To learn more about Dtex potential IPO

Will Dtex go IPO?

Dtex has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2025.

What is Dtex’s IPO price?

The Dtex IPO price does not exist at this time, as Dtex is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to Dtex, register for Forge today.

When was Dtex founded?

Dtex was founded in 2014.

What is Dtex funding to date?

Dtex has raised $266.83MM to date.

Dtex major investors

Capitalg
Escalate Capital Partners
Four Rivers Group
Northgate Capital
Norwest Venture Partners
Saltwater Games
Wing Venture Capital
Show All InvestorsShow Fewer Investors

Dtex pre-IPO valuation and funding rounds

Funding history chart
Funding round and deals details
Funding Date Round Amount Raised Price per Share Post-Money Valuation 3 Key Investors
03/05/2024 Series E $50MM $2.06 $435.13MM Capitalg
Price per Share
$ xx.xx
Shares Outstanding
24,247,127
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
Capitalg
05/07/2020 Series D $18MM $1.59 $256.4MM Four Rivers Group, Northgate Capital, Norwest Venture Partners
Price per Share
$ xx.xx
Shares Outstanding
11,300,142
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
Four Rivers Group, Northgate Capital, Norwest Venture Partners
05/07/2020 Series D-1 $6.7MM $1.12 $256.4MM Four Rivers Group, Northgate Capital, Norwest Venture Partners
Price per Share
$ xx.xx
Shares Outstanding
6,008,515
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
Four Rivers Group, Northgate Capital, Norwest Venture Partners
05/07/2020 Series FP $1,596.47 $0.00 $256.4MM Four Rivers Group, Northgate Capital, Norwest Venture Partners
Price per Share
$ xx.xx
Shares Outstanding
15,964,666
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
Four Rivers Group, Northgate Capital, Norwest Venture Partners
04/14/2017 Series C Prime $15.29MM $0.60 $96.58MM Undisclosed Investors
Price per Share
$ xx.xx
Shares Outstanding
25,491,660
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
Undisclosed Investors
12/17/2015 Series B-1 Prime $11.64MM $0.60 $34.35MM Norwest Venture Partners
Price per Share
$ xx.xx
Shares Outstanding
19,407,993
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
Norwest Venture Partners
12/17/2015 Series B-1 $41,350.20 $0.60 $34.35MM Norwest Venture Partners
Price per Share
$ xx.xx
Shares Outstanding
68,917
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
Norwest Venture Partners
12/17/2015 Series B Prime $3.58MM $0.50 $34.35MM Norwest Venture Partners
Price per Share
$ xx.xx
Shares Outstanding
7,157,817
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
Norwest Venture Partners
12/17/2015 Series B $183,277.00 $0.50 $34.35MM Norwest Venture Partners
Price per Share
$ xx.xx
Shares Outstanding
366,554
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
Norwest Venture Partners
02/25/2015 Series A-2 $1.5MM $0.99 $56.86MM Norwest Venture Partners, Wing Ventures
Price per Share
$ xx.xx
Shares Outstanding
1,508,381
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
2.2x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Norwest Venture Partners, Wing Ventures
02/25/2015 Series A-1 $166,622.92 $0.83 $56.86MM Norwest Venture Partners, Wing Ventures
Price per Share
$ xx.xx
Shares Outstanding
201,357
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Norwest Venture Partners, Wing Ventures
02/25/2015 Series A $15.17MM $0.83 $56.86MM Norwest Venture Partners, Wing Ventures
Price per Share
$ xx.xx
Shares Outstanding
18,330,314
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.8x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Norwest Venture Partners, Wing Ventures

Dtex IPO news and media highlights

SiliconANGLE 03/05/2024

Alphabet’s CapitalG backs DTEX Systems with $50M to strengthen insider threat protection

A new series E funding from CapitalG brings $50 million in for Dtex Systems.
ChannelLife Australia 12/08/2023

Ex-Google Cloud & Mandiant CTO takes helm at DTEX as CEO

Marshall Heilman, former CTO of Mandiant and Google Cloud, has been appointed as CEO of DTEX, a company specialising in insider risk management. Heilman plans to utilise his cybersecurity expertise to help organisations mitigate insider risks. DTEX has seen significant growth recently, with a 247% increase in total contract value and numerous contracts with Fortune 500 companies.
Australian Cyber Security Magazine 07/07/2023

DTEX Partners with Defence Trailblazer

DTEX Systems has joined the Defence Trailblazer program as one of 35 industry partners. The initiative, backed by the University of Adelaide, UNSW Sydney, and the Australian Government, is set to invest $240 million in accelerating Australia's defense innovation and workforce development. DTEX, a cybersecurity firm, will support the program through an internship aimed at enhancing skills needed to mitigate insider risks, a major concern for Australia's national security. The program is expected to create over 2,400 jobs in four years.
Yahoo Finance 06/15/2023

Professional Services Company Chooses DTEX to Address Data Loss Amid Employee Attrition

A leading professional services network in Canada has selected DTEX Systems' InTERCEPT as its primary insider threat and data loss prevention solution. The decision came after the company noted a rise in data loss incidents due to employee attrition. DTEX's platform integrates DLP, UEBA, and UAM capabilities with behavioural and contextual intelligence at scale, without infringing on employee privacy, to help prevent data loss and manage insider threats.
Browse More Insights

Private companies exploring an IPO

See which private companies are preparing for the public market. Register to get full access to the latest secondary market pricing data.

Sector: Enterprise Software
Subsector: Cybersecurity
Trade Metrics Last Funding Round
Company Forge Price Last Matched Round Post-Money Valuation 3 Price Per Share Amount Raised
CohesityCohesity$15.67 +$0.01 (0.06%)$ xx.xxSeries H-1$4.69B$15.66$27.5MM
Liftoff MobileLiftoff MobileNot available$ xx.xxNot available------
DeelDeelNot available$ xx.xxSeries E$17.3B$38.92$300MM
GenesysGenesysNot available$ xx.xxNot available------
EnvoyEnvoyNot available$ xx.xxSeries C$1.4B$3.14$111MM
4C4CNot available$ xx.xxNot available------
See Tech IPO Calendar

Private market movers

Track trading activity and investor momentum across thousands of private companies. Register to view last matched prices and additional transactional details.

Actively traded

Company Forge Price Market Activity Last Matched
Anthropic Anthropic $259.14 -$13.84 (5.07%)High $xxx.xx
OpenAI OpenAI $723.12 +$0.12 (0.02%)High $xxx.xx
SpaceX SpaceX $550.00 +$102.77 (22.98%)High $xxx.xx
Anduril Anduril $114.78 +$9.78 (9.31%)High $xxx.xx
Databricks Databricks $197.72 +$0.06 (0.03%)High $xxx.xx
See All Actively Traded Companies

Artificial Intelligence (AI)

Company Forge Price Market Activity Last Matched
Anthropic Anthropic $259.14 -$13.84 (5.07%)High $xxx.xx
OpenAI OpenAI $723.12 +$0.12 (0.02%)High $xxx.xx
Anduril Anduril $114.78 +$9.78 (9.31%)High $xxx.xx
Databricks Databricks $197.72 +$0.06 (0.03%)High $xxx.xx
Groq Groq $29.77 -$0.01 (0.03%)High $xxx.xx
See All AI Companies

Forge, your trusted partner for pre-IPO insights and Dtex data

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Updated on: Jul 16, 2025

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