HeadSpin Announces $60M Series C Round at a $1.16 Billion Valuation and Adds Nikesh Arora as Chairman of the Board

PALO ALTO, Calif., Feb 27 (Bernama-BUSINESS WIRE) — HeadSpin, the company that ensures flawless connected experiences enabled by web, mobile, IoT and 5G, today announced a $60 million Series C funding round led by Dell Technologies Capital and ICONIQ Capital with participation from institutional investors Tiger Global Management, Kearny Jackson, and Alpha Square Group. The round brings the total amount raised since inception to $117 million. HeadSpin will use the funding to develop new product offerings, expand into new market segments, and deepen position within cloud ecosystems.

HeadSpin also announced that Nikesh Arora, Chairman CEO of Palo Alto Networks, has joined the company Board of Directors as Chairman of the Board. Arora is the former Chief Business Officer at Google who most recently served as President and COO of SoftBank prior to joining Palo Alto Networks.

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