Huntress, a Ellicott City, Md.-based SaaS managed detection and response (MDR) provider for managed service providers (MSPs) and value-added resellers (VARs), raised $18m in Series A funding.
The round was led by ForgePoint Capital.
The company intends to use the funds to accelerate product engineering and development, as well as expand to additional market segments and geographies. In conjunction with the funding, Ernie Bio, Vice President at ForgePoint Capital, will be joining the Huntress board along with Alberto Yépez, Co-Founder and Managing Director of ForgePoint.
Founded in 2015 by former NSA Cyber Operators Kyle Hanslovan, Chris Bisnett, and John Ferrell, Huntress provides advanced threat detection and actionable cybersecurity intelligence for managed service providers (MSPs) and value-added resellers (VARs) to reach small and medium-sized businesses (SMBs). By providing expert analysis and actionable insights based on investigation into those activities, the company enables corporate IT teams to quickly resolve incidents. Huntress protects nearly half a million endpoints today.