TLDR:
– Huntress, a cybersecurity startup, raised $150 million in its latest funding round and is now valued at over $1.5 billion.
– The company focuses on small and mid-market businesses, catering to underserved sectors in cybersecurity.
In a recent funding round, cybersecurity startup Huntress raised $150 million, doubling the amount from its previous fundraising in May 2023. The company is now valued at over $1.5 billion, with venture capital firms such as Kleiner Perkins and Meritech Capital leading the round. The company, founded in 2015 by former hackers for the U.S. government, aims to provide cybersecurity solutions for small and mid-market companies that are often overlooked by larger cybersecurity firms. With the increase in remote work and cyber threats, the demand for cybersecurity products is on the rise, prompting Huntress to expand its platform with new products to combat cybercriminals. Despite its success and potential for going public in the future, Huntress is currently focused on escalating the arms race against cybercriminals and reaching its full potential in the market.
