Talon Cyber Security raises $43M from Sorenson, Evolution, Lightspeed and Team8

Cybersecurity solutions startup Talon Cyber Security Ltd. today announced that it has raised $43 million in new funding, including $17 million in so-called simple agreement for future equity investments. Investors include Sorenson Ventures, Evolution Equity Partners, Lightspeed, Team8 and several individuals. Including the new funding, Talon has raised $69 million to date, according to data from Pitchbook. SAFE agreements, created in 2013 by the startup incubator Y Combinator, create potential future equity in a company for the investor in exchange for immediate cash to the company.

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