Technology

Teleport nabs $110M to provide identity-based infrastructure access

Teleport nabs $110M to provide identity-based infrastructure access

Teleport, a platform that assigns identities to hardware, software, and users to replace the need for passwords, today announced that it raised $110 million in a Series C fundraise at a $1.1 billion post-money valuation. Bessemer Venture Partners led the tranche with participation from Insight Partners, Kleiner Perkins, and S28 Capital, which brings Teleport’s total raised to $169 million.

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