April 25, 2024 at 08:15AM
ThreatLocker, a zero trust endpoint security solutions provider, has raised $115 million in a Series D funding round, bringing their total raised to nearly $240 million. The Orlando-based company aims to protect organizations against ransomware and zero-day attacks and has doubled its revenue in the past year, serving over 50,000 organizations.
Key takeaways from the meeting notes:
– ThreatLocker, a zero trust endpoint security solutions provider, has secured a significant $115 million in a Series D funding round, with notable investment from General Atlantic, StepStone Group, and the D. E. Shaw group.
– The company, based in Orlando, Florida, offers a range of cybersecurity capabilities including threat detection, storage, privilege elevation control, allowlisting, ringfencing, and firewall features, aiming to safeguard against ransomware and zero-day attacks.
– ThreatLocker has reported a doubling of its revenue over the past year and is currently protecting over 50,000 organizations with its solutions.
– CEO Danny Jenkins emphasized the company’s commitment to advancing the least-privilege approach and introducing new EDR and MDR products within its cybersecurity platform. The fresh funding is expected to support the development of Zero Trust products and expand the company’s market presence.
Additionally, the meeting notes mentioned the funding of other security companies, including Tines, Amplifier Security, Nagomi Security, and Cyera.