Tag: Formation 8

Zero trust unicorn Illumio closes $225M Series F led by Thoma Brava

Illumio, a self-styled zero trust unicorn, has closed a $225 million Series F funding round at a $2.75 billion valuation.  The round was led by Thoma Bravo, which recently bought cybersecurity vendor Proofpoint by $12.3 billion, and supported by Franklin Templeton, Hamilton Lane, and Blue Owl Capital.  The round lands…

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Wish wants to be the Amazon for the rest of us; will retail investors buy it?

Most people know Wish as a site that sells throwaway doodads from China, but in anticipation of its impending IPO, the ten-year-old, San Francisco-based company has begun portraying itself as a kind of Amazon for the rest of us. Judging by what we’ve read and heard from sources in recent…

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