ThreatQuotient, a Reston, VA-based provider of enterprise-class threat intelligence platforms, secured $12m in Series B funding.
The round was led by New Enterprise Associates (NEA), with participation from existing investors Blu Venture Investors and the Center for Innovative Technology (CIT). As part of the funding, NEA Managing General Partner, Peter Barris, has been appointed to the ThreatQuotient Board of Directors.
The company, which also disclosed it has secured a $3m growth capital facility from Silicon Valley Bank. intends to use the funds to bolster product development and to further accelerate global expansion in sales, channels and partnerships.
Led by John Czupak, President and CEO, ThreatQuotient provides ThreatQ, a threat intelligence platform that centrally manages and correlates external sources with all internal analytics solutions for contextual, operationalized intelligence. ThreatQ provides analysts and defenders with a threat library, an adaptive workbench and an open API exchange.