# Twingate

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/twingate

- Industry: IT Infrastructure
- Headquarters: Redwood City, US
- Website: www.twingate.com
- Total disclosed funding: $59M
- Latest round: Series B (Apr 14, 2022)
- Investors on record: 5

## About

Twingate Inc. provides a Zero Trust Network Access (ZTNA) solution that enhances secure remote access to private resources, simplifying connectivity without the limitations of traditional VPN technology.Twingate Inc. was founded in 2019 in Redwood City, US, and specializes in delivering secure remote access solutions. Founded by Alex M, Lior Rozner, and Tony Huie, the company has completed two deals since its inception. Its latest funding round was a Series B on April 14, 2022, securing USD 42.00 mn led by Bond, with participation from other investors such as 8VC, Green Bay Ventures, SignalFire, and WndrCo. The total amount raised by Twingate Inc. is USD 42.00 mn with a current valuation of USD 361.89 mn.Twingate specializes in providing a Zero Trust Network Access (ZTNA) solution designed to streamline secure remote access to private resources without relying on traditional VPN technology. Their core offerings enable organizations to eliminate challenges associated with VPN deployments, such as latency, security vulnerabilities, and maintenance overhead. Twingate's solution grants users access to office networks, cloud VPCs, and other private resources based on stringent identity verification, ensuring that only authorized users and verified devices can connect. The product is utilized across various industries, including finance, technology, and entertainment, with notable clients like Blend and OncoLens. Twingate’s services are available in North America, Europe, and Asia, catering to clients seeking enhanced security and usability in their remote access solutions.Twingate generates revenue through a subscription-based model, allowing businesses to access its suite of services on a recurring basis. Clients subscribe to Twingate's offerings, which include access to their Zero Trust Network Access platform and additional security features tailored to their organizational needs. Pricing plans accommodate various business sizes and requirements, providing options for both small enterprises and large corporations. Each client agreement outlines terms for user access, service levels, and the duration of the subscription, ensuring that companies receive appropriate support and resources. Twingate's emphasis on providing scalable solutions contributes to its position as an essential partner for businesses aiming to modernize their security infrastructure.In April 2022, Twingate Inc. raised USD 42.00 mn in Series B funding led by Bond, aimed at accelerating operations to meet the growing market demand. The company plans to leverage this funding to enhance product development, including the introduction of new features to their Zero Trust Network Access solution. Twingate is also targeting expansion into additional geographic regions, with efforts focused on increasing its footprint in Asia and Europe by the end of 2023.

## Funding rounds

- Series B, Apr 14, 2022, $42M — SignalFire, 8VC, Green Bay Ventures, WndrCo, Bond
- Series A, Oct 28, 2020, $17M — SignalFire, 8VC, Green Bay Ventures, WndrCo

## Investors

- SignalFire (https://capitalatlas.ai/funds/signalfire) — Series A, Series B
- 8VC (https://capitalatlas.ai/funds/8vc) — Series A, Series B
- Green Bay Ventures (https://capitalatlas.ai/funds/green-bay-ventures) — Series A, Series B
- WndrCo (https://capitalatlas.ai/funds/wndrco) — Series A, Series B
- Bond (https://capitalatlas.ai/funds/bond) — Series B