ThreatLocker, a cybersecurity company headquartered in Orlando, Florida, has successfully closed a $115 million Series D funding round.
The round was led by existing investor General Atlantic, a prominent global growth corporation, with additional support from Stepstone Group and DE Shaw Group. This new capital injection is being made to drive product innovation and accelerate the company's global expansion efforts.
ThreatLocker is committed to strengthening your organization's IT security by implementing a robust Zero Trust cybersecurity approach. The company's suite of products is designed to provide comprehensive server and endpoint protection by preventing the operation of untrusted software. This includes blocking ransomware, scripts, and potentially exploitable application vulnerabilities.
ThreatLocker gives enterprises unparalleled control over network security through features such as Default Deny Application Control, Ringfencing™, Storage Control, Network Access Control, and new Endpoint Detection & Response (EDR) and Managed Detection & Response (MDR) solutions. We aim to provide control. .
This funding will be used to further improve these security solutions and increase the effectiveness of the Zero Trust framework within the ThreatLocker product offering. As part of its strategy, the company plans to improve its existing tools and introduce new products to better serve its growing number of customers around the world.
Additionally, the past year has seen significant growth for ThreatLocker, with the company doubling its revenue and increasing its workforce by 50%. Today, the company boasts thousands of partners and provides protection to more than 50,000 organizations, including prominent companies and managed service providers serving critical sectors such as finance, healthcare and aviation. .
Commenting on the latest funding round, ThreatLocker CEO Danny Jenkins said: “ThreatLocker has made a significant impact on the industry in promoting a least privilege approach over the past few years, introducing new his EDR and MDR products within a single cybersecurity platform for customers.
“We believe this new capital injection will allow us to continue developing our Zero Trust product and grow ThreatLocker’s market presence. We are very pleased to once again partner with Stone Group and DE Shaw Group, leveraging their teams' deep experience in bringing products to market and scaling technologically disruptive businesses. I’m looking forward to it.”
Gary Reiner, Operating Partner at General Atlantic, also commented: As enterprises of all sizes increasingly focus on closing the gaps in their security stacks, Zero His Trust has become essential, and we believe that ThreatLocker is the new leader in this paradigm shift. We believe that this is the case. We are excited to further strengthen our partnership with the team to accelerate ThreatLocker's growth as an endpoint security disruptor. ”
To date, ThreatLocker has successfully raised multiple funding rounds, reflecting continued growth and investor confidence in its innovative approach to cybersecurity.
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