Huntress’ $150M Milestone: Revolutionizing Cybersecurity for SMEs
Huntress, a trailblazer in cybersecurity for small businesses and service providers, has achieved a significant milestone by securing $150 million in a Series D funding round. This latest investment, led by Kleiner Perkins, Meritech Capital, and returning investor Sapphire Ventures, has propelled Huntress’ valuation beyond $1.5 billion, marking a pivotal moment in the company’s growth trajectory.
The fresh influx of capital will be channeled into advancing Huntress’ research in endpoint, identity, cloud, and SaaS security, as well as facilitating strategic acquisitions. This commitment underscores Huntress’ dedication to bolstering the cybersecurity defenses of small enterprises, which form the backbone of the global economy.
Huntress specializes in delivering cutting-edge cybersecurity solutions through its acclaimed Managed Security Platform. This platform, renowned for its advanced capabilities, integrates endpoint detection and response, identity threat detection and response, security awareness training, and an upcoming Security Information and Event Management (SIEM) solution. All these features are supported by a world-class Security Operations Center (SOC), ensuring robust protection for clients.
With the new funding, Huntress aims to develop and acquire innovative products, furthering its mission to safeguard vulnerable companies. The company is poised to expand its reach, ensuring that small businesses have access to top-tier cybersecurity tools before cybercriminals can exploit them.
Huntress’ recent accomplishments include over 70% year-over-year revenue growth for the past two years, recognition as the industry leader in endpoint detection and response for the eighth consecutive season, and leadership in managed detection and response according to G2 rankings. As Huntress approaches $100 million in annual recurring revenue and protects nearly 3.5 million endpoints and identities, this funding milestone marks a new era in the company’s mission to elevate cybersecurity for small enterprises worldwide.
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