Huntress, an Ellicott, City, MD-based provider of a managed security platform for small and mid-sized businesses (SMBs), raised $60M in Series C funding.
The round, which brought total equity funding to $118M, was led by Sapphire Ventures, with participation from existing investors Forgepoint Capital and JMI Equity. Sapphire Partner Casber Wang will join the Huntress board of directors, along with Operating Partner Mahau Ma as a board observer.
The company intends to use the funds to accelerate enhancements to its platform and market expansion.
Led by CEO Kyle Hanslovan, Huntress delivers fully-managed threat detection, response, and security awareness capabilities for SMBs to protect themselves from the myriad cyber threats faced everyday. Its managed security platform uses a combination of automation and human ThreatOps experts to monitor attack surfaces, detect vulnerabilities and exploits, and protect infrastructure from persistent footholds, ransomware and other attacks.
It is used by MSPs and MSSPs such Tech Keys, 1Path, Logically and Intelligent Technical Solutions that serve nearly a hundred thousand SMBs and nonprofits like Cascade Environmental, Standard Supply, TELCOR and over a dozen Ronald McDonald’s Charity Houses.
FinSMEs
16/05/2023