Twingate

Twingate

Cybersecurity platform for Zero Trust access

About Twingate

Simplify's Rating
Why Twingate is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Cybersecurity

Company Size

51-200

Company Stage

Series B

Total Funding

$59M

Headquarters

Redwood City, California

Founded

2019

Overview

Twingate offers a cybersecurity platform that focuses on Zero Trust Network Access (ZTNA) by creating direct peer-to-peer connections to secure resources, verifying each access request before it leaves the user's device. This approach helps businesses protect their resources, such as SaaS applications and cloud environments, through granular access controls based on user identity, location, and device. Twingate operates on a subscription model and includes features for monitoring network activity and ensuring compliance with regulations. Its API-first design allows for easy integration with existing technology stacks, making it simpler for businesses to enhance their security.

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Simplify's Take

What believers are saying

  • Raised $42M in Series B funding to scale operations and enhance product offerings.
  • Growing demand for Zero Trust solutions as remote work becomes more permanent.
  • Partnerships like with Hilt Digital enhance market penetration and brand recognition.

What critics are saying

  • Increased competition from established firms like Palo Alto Networks and Zscaler.
  • Economic downturns may reduce IT budgets, affecting subscription-based revenue.
  • Regulatory scrutiny in the EU could require costly compliance adjustments.

What makes Twingate unique

  • Twingate replaces outdated VPNs with a modern zero trust-based security approach.
  • The platform offers granular access controls based on user, location, and device.
  • Twingate's API-first design allows seamless integration with existing tech stacks.

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Funding

Total Funding

$59M

Above

Industry Average

Funded Over

2 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$42M
Twingate
$45M
Linktree
$65M
Substack
$100M
ClickUp

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Paid Holidays

Paid Sick Leave

Parental Leave

401(k) Retirement Plan

401(k) Company Match

Company Equity

Wellness Program

Mental Health Support

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

1%

2 year growth

7%
HILT Digital
Feb 10th, 2025
What is Blockchain Technology and How Does it Work?

- Hilt Digital partners with Twingate, bringing Zero Trust Networking to local businesses.

PYMNTS
Aug 28th, 2024
What If Amazon’S Ai-Powered Alexa Debuts As A Subscription Model?

Amazon’s is planning an artificial intelligence (AI) overhaul for Alexa. Set to launch in October, the upgrade will reportedly transform the free voice assistant into a paid subscription service, according to the Washington Post, potentially reshaping the eCommerce giant’s customer engagement strategy. This move comes amid increasing regulatory scrutiny and industry-wide debates on AI integration in business. According to internal documents obtained by The Post, Amazon is preparing to release a significant update to its personal voice assistant, Alexa. This revamp comes as the company faces increasing competition from AI voice assistants developed by rival tech firms. The upgrade will incorporate generative AI (GenAI) technology to enhance Alexa’s capabilities, marking an advancement in the assistant’s functionality

Techmeme
Apr 15th, 2022
Twingate receives financing of $42M in series B funding

California-based Twingate, which offers zero-trust security tools for enterprise, raises a $42M Series B led by Bond Capital — 'Saigan Technologies, Inc think there's a huge opportunity to work with channel members to help them solve the security problems of their clients,' says CEO Tony Huie.

Finsmes
Apr 14th, 2022
Twingate Raises $42M in Series B Funding - FinSMEs

Twingate, a Redwood City, CA-based provider of a solution for organizations to implement Zero Trust security, raised $42M in Series B funding

SiliconANGLE
Apr 14th, 2022
Zero-trust security startup Twingate raises $42M to scale up operations

Zero-trust security startup Twingate raises $42M to scale up operations - SiliconANGLE

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