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Portnox secures 37.5 million in Series B funding for zero trust solutions

Portnox has secured $37.5 million in a Series B funding round led by Updata Partners, aimed at enhancing product innovation and expanding market reach in the cloud-native zero trust security sector. The company, which boasts nearly 1,000 global customers and a 95% retention rate, offers a unified access control platform designed for complex IT environments. This latest investment brings Portnox's total funding to $59.5 million, following a $22 million Series A round in 2022.

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