Katzenberg-Backed Digital Security Firm Raises $200 Million
- Aura looking to capitalize on growing demand for cybersecurity
- Massachusetts company plans to hire more than 200 employees
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A digital security company backed by Hollywood heavyweight Jeffrey Katzenberg has raised $200 million in a funding round led by Madrone Capital Partners LLC.
Burlington, Massachusetts-based Aura is hoping to find a substantial space in a booming but crowded market for cybersecurity products. It introduced its flagship product in June which offers consumers “an easy-to-use, all-in-one, proactive digital security solution,” according to a company statement. Aura officials say they believe the relatively low subscription price will help differentiate them from competitors.