The cyber security startup Source is valued at $4.5 billion. The company raised $450 million from investors led by Accel and T. Rowe Price. Thus, Source is one of the most valued ventures in the digital verification sector amid a boom in the online security space. The latest funding comes months after it reportedly raised funds at a valuation of $1.3 billion.
Due to COVID-19 pandemic restrictions that forced many employees to work remotely, Source's growth surged during this time. Not to mention, another company in the industry that has gone public is ForgeRock Inc. Earlier this year, Auth0 had a $6.5 billion deal to accelerate growth as demand jumps.
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Source saw a quadrupling in new clients this th...
