TPG Growth’s Greenfield Cities Holdings invests in cloud security firm Avanan

Greenfield Cities Holdings, L.P., a TPG Growth portfolio company, led a $14.9 million Series A funding round in cloud security provider Avanan Inc. This is the first investment by Greenfield Cities, a joint venture between TPG Growth and technology investor Yuda Doran. The firm intends to focus on Israel-based companies looking to expand globally. Existing investors Magma VC and StageOne Ventures also participated in the round, bringing Avanan’s total capital raised to $16.4 million.

 

Source: Press Release