Deepwatch secures $180M

 

Tampa, Florida-based cloud security platform Deepwatch secured $180M in fresh equity and strategic funding.   The incoming funds are intended to be used to accelerate product development and expand the partner ecosystem.  Vista Equity Partners' structured equity and debt financing subsidiary, Vista Credit Partners, provided the funding along with other financiers, including Springcoast Capital Partners and Splunk Ventures.  The current funding brings the firm's total funding amount raised to date to $256M.  It last raised a $53M Series B funding round led by Goldman Sachs in October 2020.  Deepwatch provides managed detection and response (MDR), endpoint detection and response (EDR), and vulnerability management (VM) solutions to clients. The firm reported 100% sales growth in 2022.