ThreatLocker looks to expand global footprint following $20m Series B

US endpoint security provider ThreatLocker has closed a $20 Series B funding round led by venture capital firm Elephant.

The privately held ThreatLocker has now raised a total amount of $24.5m following this Series B round.

Established in 2017, Florida-based ThreatLocker provides cybersecurity tools aimed at securing both servers and endpoints. The company implements a zero-trust policy that aims to prevent unauthorized intrusions into software.

ThreatLocker markets a Control Suite that combines application whitelisting, ringfencing, storage control and privileged access management solutions. The company claims these features can prevent remote access attacks, data theft, internal IT disputes and malware.

According to ThreatLocker, the recent capital raise will allow the company to expand its global footprint and improve its products.

ThreatLocker CEO Danny Jenkins said, “ThreatLocker was created in response to the growing frustration around the existing tools in the cybersecurity market. As we head into this next major company milestone, our unyielding focus on innovation and strategic partnerships has proven to be effective as we continue to see impressive customer growth.”

Copyright © 2021 FinTech Global

Enjoying the stories?

Subscribe to our daily FinTech newsletter and get the latest industry news & research

Investors

The following investor(s) were tagged in this article.