ThreatConnect, Inc., an Arlinton, VA-based provider of a threat intelligence platform, closed a more than $16M Series B funding round.
The round was led by SAP National Security Services, Inc., subsidiary of the global enterprise software company SAP, with participation from Grotech Ventures and other strategic investors.
The company intends to use the funds to increase its market presence globally.
Led by Adam Vincent, CEO, ThreatConnect provides advanced threat intelligence products and services including ThreatConnect®, a cloud or on-premise platform to effectively aggregate, analyze, and act to counter sophisticated cyber-attacks.
The platform is programmable by outside developers, connecting users to one another for collaboration, and acting as the core part for other systems.
The company recently announced TC Exchange and its software development kit, which gave users an open source workbench to freely share applications with each other, choose and modify applications, and accelerate solution development through plug and play activities.