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HomeFunding MD-based Huntress Secures $150M Series D Funding

[Funding News] MD-based Huntress Secures $150M Series D Funding

‍Huntress, the pioneering force in cybersecurity for small businesses to small enterprises and the Service Providers that support them, announced a significant milestone with the closure of a $150 million Series D funding round led by Kleiner Perkins, Meritech Capital, and existing investor Sapphire Ventures. This latest infusion of capital will power cutting-edge endpoint, identity, cloud, and SaaS security research alongside strategic acquisitions—reinforcing Huntress’ commitment to fortify the critical businesses that comprise the backbone of the global economy.

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In addition to building and acquiring disruptive new products, Huntress is relentlessly evolving its highly-demanded Huntress Managed Security Platform with fully autonomous capabilities while racing to fuel its go-to-market engine to reach this underserved and under-protected market before cybercriminals do. This substantial investment will further strengthen Huntress’ mission to protect the most vulnerable companies that make up 99% of all businesses and minimize any downtime malicious hackers attempt to inflict on their victims.‍

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“Everyone deserves the ability to protect themselves and their employees’ livelihoods. This is the ‘why’ that supercharges my team to work around the clock and democratize access to the tools and talent typically built for the enterprise. I’m pumped to double-down with Sapphire and add two high-caliber firms, Kleiner Perkins and Meritech Capital, to the fight, as this capital will directly help us continue wrecking hackers and elevating the world’s critical businesses and their managed service provider allies,” said Kyle Hanslovan, CEO and Co-Founder of Huntress.

The new investment follows years of meteoric growth as Huntress continues its over 70% year-over-year revenue growth for the past two years. Additionally, the demand for Huntress products is evident in customer validation, being voted the industry leader in endpoint detection and response for the 8th consecutive season and the industry leader in managed detection and response by customers in G2 rankings earlier this year. This customer fanbase puts Huntress at the doorstep of becoming a centaur in cybersecurity as they approach $100M ARR and nearly 3.5 million endpoints and identities protected.

‍About Huntress

Huntress protects and empowers businesses by delivering technology managed by world-class experts at the lowest total cost of ownership at any scale. Combining the power of the Huntress Managed Security Platform with a human-led 24/7 Security Operations Center (SOC), it provides the top-rated technology, services, education, and expertise needed to help companies overcome cybersecurity challenges and protect critical business assets.

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