Aura Raises $140 Million in Series G Funding

Aura has completed its Series G funding round, raising $140 million in equity and debt, announced in a press release. The round was led by Ten Eleven Ventures and Madrone Capital, with participation from new investor AT&T Ventures and existing investors Accel, Warburg Pincus, and General Catalyst.

This funding marks Aura's first round since its separation from Pango Group, now known as Point Wild, and values the standalone company at $1.6 billion. The funds will be used to continue developing Aura's AI-powered online safety solutions, which include features like device security, scam and fraud protection, and identity theft protection.

Aura's CEO, Hari Ravichandran, stated that the funding will help extend the company's leadership in AI-powered safety features, with new developments expected to be available later this year.