Aura, which offers device and identity theft protection including financial fraud monitoring for consumers, raises $150M Series E led by Warburg Pincus (FinSMEs)

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Aura, a Burlington MA-based company which specializes in digital security for consumers, raised $150M in Series E funding.

The round was led by Warburg Pincus. In conjunction with the funding, Chandler Reedy, Managing Director and Head of Strategic Investments, Warburg Pincus and Brian Chang, Managing Director, Warburg Pincus, will join the Aura board of directors.

The company, which has raised a total of approximately $450m to date from investors including Accel, General Catalyst and WndrCo, in addition to Warburg Pincus, intends to use the funds to enhance its customer experience, grow the user base of the new Aura product, accelerate development of new features and implement programs to increase consumer awareness through a national advertising campaign.

Led by Hari Ravichandran, Founder and CEO, Aura is a digital security technology company dedicated to creating a safer internet for everyone. Its just launched flagship product, Aura, combines assets to deliver comprehensive digital security to consumers, featuring identity theft, financial fraud and device protection in a single platform, backed by customer service. The company’s offerings are used by more than 1.7 million customers today, generating more than $220 million in annual revenue.

Aura’s growth was triggered by the acquisitions of digital privacy and personal digital security companies Intersections, Pango, FigLeaf and Privacy Mate.

FinSMEs

09/06/2021

This content was originally published HERE

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