Global cybersecurity firm ThreatLocker has raised a $100m Series C funding round, which was led by global growth equity firm General Atlantic.
The investment also received participation from Elephant VC and Arthur Ventures.
This capital burst will help ThreatLocker accelerate its product innovation to bring its zero trust security services to more companies. Additionally, funds will help hire top talent and accelerate its global expansion efforts.
ThreatLocker provides organisations with the ability to protect their IT operations with an effective zero trust approach to cybersecurity.
Its product suite provides enterprise-level server and endpoint security by blocking untrusted software, including ransomware, scripts and libraries, and exploits known and unknown application vulnerabilities. It does this through default deny application control, ringfencing, storage control, privileged access management and network access control.
ThreatLocker has experienced a strong year of growth, including quadrupling of its revenue and workforce.
Currently, the company boasts over 23,000 clients and has partnerships with thousands of companies. It works with managed service providers and enterprise clients, including banks, healthcare organisations and airlines.
General Atlantic operating partner Gary Reiner said, “ThreatLocker effectively takes the guesswork out of threat detection with its Zero Trust approach. As companies of all sizes increasingly focus on filling in gaps in their security stacks, Zero Trust is becoming a necessity – and we view ThreatLocker as an emerging leader in this paradigm shift. We’re thrilled to partner with the team to accelerate ThreatLocker’s growth as an endpoint security disruptor.”
The CyberTech company previously raised $20m in its Series B funding round, which was led by venture capital firm Elephant VC.
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