Data security firm Aura reached a valuation of at least $1 billion after raising $150 million, according to the WSJ. The funding was led by private-equity entity Warburg Pincus.
- Aura is backed by Silicon Valley investor Sujay Jaswa and Hollywood’s Jeffrey Katzenberg
- Aura aims to become the leading online security firm in areas that include identity protection and antivirus products
- The startup remains on course to generate about $220 million revenues this year and has about 1.7 million customers globally.
The company, which has grown through acquisitions, was founded in 2017 and changed name to Aura in 2019 to bring its brands together. CEO Hari Ravichandran expects Aura to go public in at least a year’s time.