{"id":454528,"date":"2021-03-10T07:03:16","date_gmt":"2021-03-10T12:03:16","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=454528"},"modified":"2021-03-10T07:03:16","modified_gmt":"2021-03-10T12:03:16","slug":"splashtop-completes-its-unicorn-funding-with-an-additional-15m-from-existing-investors","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/splashtop-completes-its-unicorn-funding-with-an-additional-15m-from-existing-investors\/","title":{"rendered":"Splashtop Completes its Unicorn Funding with an Additional $15M from Existing Investors"},"content":{"rendered":"<h2>\nAdditional $15M funding extends Splashtop\u2019s oversubscribed unicorn round to $65 million<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p>SAN JOSE, Calif.,, March  10, 2021  (GLOBE NEWSWIRE) &#8212; \u00a0Wednesday, March 10, 2021\u2014Splashtop Inc., a leader in next-generation remote access and remote support, has secured an additional $15 million from existing investors Sapphire Ventures, Storm Ventures, NEA, and DFJ DragonFund.\u00a0\u00a0<\/p>\n<p>In January 2021, Splashtop announced a <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=3RNdWWPooeDVQ9qxCOuU33jmK91lI9BavDp1N6ULxJ53jLjmB6xqAHkACkLKHwoBOPAXd31irUf5E4TeJKtSTqRwC0pSjBMjRrH5AmeDEIpzXnpJWfvvKHjpTM4co0M37mC1N0O1lRUxLAHECF8EgewWAw8XYJpM5LkP0DH31O9lveM3bMJyAUR4BDuQGKLAq3BtqtOeDKubE3sp96LWhPSxRxyGnSZmg0iICZpjflQ=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">$50 million financing round<\/a> that pushed its valuation beyond the $1 billion unicorn level. The new additional $15 million in funding closes the Splashtop unicorn funding round at $65 million.<\/p>\n<p>\u201cSplashtop\u2019s modern approach to remote access is making a real difference in how, where, and when people can use the digital resources they need to work, learn, and be entertained,\u201d said Mark Lee, CEO of Splashtop. \u201cThis latest fundraising will help us support our accelerated global expansion by amplifying our brand, attracting more talent, and expanding our enterprise presence.\u201d<\/p>\n<p>Founded in 2006, Splashtop started becoming profitable in 2015 and has been growing rapidly ever since. Splashtop now has more than 30 million users, supports more than 800 million sessions globally, and has a current growth rate of 160% with profits of 60%.<\/p>\n<p>According to Splashtop investor Sapphire Ventures\u2019 Jai Das, this represents exceptional performance and positions Splashtop as the perfect example of an agile company that has demonstrated fast growth, impressive customer satisfaction scores, and attractive profit margins.<\/p>\n<p>\u201cAs we march forward and continue to grow, we will continue to aim to innovate and deliver best-in-class products and services to delight our customers everywhere,\u201d said Mark Lee, co-founder, and CEO of Splashtop.<\/p>\n<p>You can learn more about Splashtop\u2019s funding and its path to unicorn status in <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=e_CyJ29VX7qU_q4jftDjhJLfiS0ipEFOsL979pChKEJV18Fc9A-psVyFL1Uh0-73LWlwX6OhUtWcQddHMbHUrH6fv8OFTZb33NNgfgUJjvyJS7tA4UfX7jFaNSN23rVNGiQQxOJcuR40LYmmgKC1ToJImLPxkxfs58Ptuo5TE8Q=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Splashtop\u2019s CEO\u2019s blog<\/a>.\u00a0<\/p>\n<p>\n        <b>About Splashtop<\/b>\n      <\/p>\n<p>Based in Silicon Valley, Splashtop Inc. delivers next-generation remote access and remote support software and services for enterprises, academic and research institutions, government agencies, small businesses, MSPs, IT departments, and individuals. Splashtop\u2019s cloud-based, secure, and easily managed remote access approach is increasingly replacing legacy approaches such as virtual private networks (VPNs) while earning a stunning 93 Net Promoter Score (NPS), a standard for assessing customer satisfaction. More than 30 million users, including those in 85% of Fortune 500 enterprises, enjoy Splashtop products globally. Visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=wmiQd2ChQqgDduVVXbfgAVGOabHfSDwebLRrec4FNkboNIIZ6EltIXasGWZr4uj-fQ6G8W6JUk34wsg6YxnhxMyFn4Riu_1yLHWDrNQ5KpI=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.splashtop.com<\/a> for more information.<\/p>\n<p align=\"center\">###<\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4NzE2NyM0MDU2MTM3IzIxNTY5MzY=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/b796f952-8002-4a01-9d34-8c34fb138c4d\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\">\n<pre>Dienabou Diallo\r\nSplashtop Inc\r\n650-441-0680\r\npr@splashtop.com\r\n<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Additional $15M funding extends Splashtop\u2019s oversubscribed unicorn round to $65 million SAN JOSE, Calif.,, March 10, 2021 (GLOBE NEWSWIRE) &#8212; \u00a0Wednesday, March 10, 2021\u2014Splashtop Inc., a leader in next-generation remote access and remote support, has secured an additional $15 million from existing investors Sapphire Ventures, Storm Ventures, NEA, and DFJ DragonFund.\u00a0\u00a0 In January 2021, Splashtop announced a $50 million financing round that pushed its valuation beyond the $1 billion unicorn level. The new additional $15 million in funding closes the Splashtop unicorn funding round at $65 million. \u201cSplashtop\u2019s modern approach to remote access is making a real difference in how, where, and when people can use the digital resources they need to work, learn, and be entertained,\u201d said Mark Lee, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/splashtop-completes-its-unicorn-funding-with-an-additional-15m-from-existing-investors\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Splashtop Completes its Unicorn Funding with an Additional $15M from Existing Investors&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-454528","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Splashtop Completes its Unicorn Funding with an Additional $15M from Existing Investors - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/splashtop-completes-its-unicorn-funding-with-an-additional-15m-from-existing-investors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Splashtop Completes its Unicorn Funding with an Additional $15M from Existing Investors - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Additional $15M funding extends Splashtop\u2019s oversubscribed unicorn round to $65 million SAN JOSE, Calif.,, March 10, 2021 (GLOBE NEWSWIRE) &#8212; \u00a0Wednesday, March 10, 2021\u2014Splashtop Inc., a leader in next-generation remote access and remote support, has secured an additional $15 million from existing investors Sapphire Ventures, Storm Ventures, NEA, and DFJ DragonFund.\u00a0\u00a0 In January 2021, Splashtop announced a $50 million financing round that pushed its valuation beyond the $1 billion unicorn level. The new additional $15 million in funding closes the Splashtop unicorn funding round at $65 million. \u201cSplashtop\u2019s modern approach to remote access is making a real difference in how, where, and when people can use the digital resources they need to work, learn, and be entertained,\u201d said Mark Lee, &hellip; Continue reading &quot;Splashtop Completes its Unicorn Funding with an Additional $15M from Existing Investors&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/splashtop-completes-its-unicorn-funding-with-an-additional-15m-from-existing-investors\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-10T12:03:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4NzE2NyM0MDU2MTM3IzIxNTY5MzY=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/splashtop-completes-its-unicorn-funding-with-an-additional-15m-from-existing-investors\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/splashtop-completes-its-unicorn-funding-with-an-additional-15m-from-existing-investors\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Splashtop Completes its Unicorn Funding with an Additional $15M from Existing Investors\",\"datePublished\":\"2021-03-10T12:03:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/splashtop-completes-its-unicorn-funding-with-an-additional-15m-from-existing-investors\\\/\"},\"wordCount\":366,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/splashtop-completes-its-unicorn-funding-with-an-additional-15m-from-existing-investors\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODE4NzE2NyM0MDU2MTM3IzIxNTY5MzY=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/splashtop-completes-its-unicorn-funding-with-an-additional-15m-from-existing-investors\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/splashtop-completes-its-unicorn-funding-with-an-additional-15m-from-existing-investors\\\/\",\"name\":\"Splashtop Completes its Unicorn Funding with an Additional $15M from Existing Investors - 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