The cybersecurity software developer is raising the cash at a $2.2bn pre-money valuation in a series A round that now includes Citi Ventures.

Citi Ventures, the venture capital arm of financial services firm Citi, joined Israel-based identity authentication software developer Transmit Security’s $543m series A round yesterday. Investment bank Goldman Sachs’ Asset Management subsidiary has also come onboard. The round was disclosed in June this year and was co-led by Insight Partners and General Atlantic and backed by…

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