Endpoint security firm SentinelOne (NYSE: S) this week announced a $100 million venture fund that the publicly-traded company will use to invest other security startups.
Dubbed S Ventures, the company says the new fund will invest across all stages of the startup lifecycle with a focus on security and data companies that bring use cases and could integrate with SentinelOne’s “Singularity XDR” platform for unified prevention, detection, and response.
In addition to providing capital, SentinelOne says it will provide support to portfolio companies to promote innovation and help accelerate route-to-market and engineering scaling.
“Our early days were defined by the support of our investors, who saw the power and promise of our vision. Today, I’m proud to see SentinelOne invest in future disruptors, doing our part to continue a legacy of innovation,” said Tomer Weingarten, CEO, SentinelOne.
“We’re committed to investing in innovation that solves mission-critical problems for the enterprise – and digital society at large.” Weingarten added.
S Ventures has already made investments in security firms Armorblox, Noetic Cyber, Torq and Laminar.