Huntress Secures $150 Million Series D Funding to Strengthen Cybersecurity for Small Enterprises

Slice of Technology Team

06/25/2024

Key Highlights:

$150 million Series D funding led by Kleiner Perkins, Meritech Capital, and Sapphire Ventures.
Investment to enhance endpoint, identity, cloud, and SaaS security.
Focus on autonomous capabilities and go-to-market expansion.
70% year-over-year revenue growth and nearing $100M ARR.
3.5 million endpoints and identities protected.

Source (Globe Newswire)

Quotes

“ “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.” ”

Kyle Hanslovan, CEO and Co-Founder at Huntress

Our Take:

The recent $150 million Series D funding round for Huntress is a testament to the critical role cybersecurity plays in protecting small to medium-sized enterprises (SMEs). Led by prestigious firms like Kleiner Perkins, Meritech Capital, and Sapphire Ventures, this funding underscores the investors' confidence in Huntress's vision and execution. Huntress's relentless focus on developing autonomous security capabilities and expanding its go-to-market strategy highlights its commitment to safeguarding businesses that form the backbone of the global economy. With impressive revenue growth and a strong customer base, Huntress is well-positioned to lead the charge in democratizing access to essential cybersecurity tools for SMEs, ensuring these vital enterprises remain protected against increasingly sophisticated cyber threats.

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