Teleport raises $110M to simplify infrastructure access with identity for every user and app and device

Cloud infrastructure access management startup Teleport said today it has become Silicon Valley’s latest unicorn after closing on a $110 million round of funding that brings its total amount raised to $169 million and its valuation to north of $1.1 billion. Today’s Series C round was led by Bessemer Venture Partners and saw participation from Insight Partners, plus existing investors Kleiner Perkins and S28 Capital.

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