ThreatLocker, a provider of zero trust endpoint security solutions, has successfully raised $115 million in a Series D funding round. This substantial investment, led by General Atlantic with participation from StepStone Group and the D. E. Shaw group, brings the total funding secured by the company to nearly $240 million. The Orlando, Florida-based company is recognized for its innovative platform that encompasses comprehensive security features including threat detection, storage and privilege elevation control, allowlisting, ringfencing, and firewall capabilities.
The funding round marks a significant step for ThreatLocker in expanding its capabilities and market reach. The company’s solutions are designed to protect organizations from advanced cybersecurity threats such as ransomware and zero-day attacks. Additionally, their platform aids in incident response, providing organizations with tools to quickly react to security breaches. This focus on sophisticated defense mechanisms is especially critical as digital threats become increasingly complex and pervasive.
Over the past year, ThreatLocker has demonstrated remarkable growth by doubling its revenue. Its security solutions are now used to protect over 50,000 organizations globally, underscoring the effectiveness and reliability of its products. The recent influx of capital is expected to further fuel the company’s growth, enabling continuous development of its Zero Trust products and expansion of its market presence.
ThreatLocker’s CEO, Danny Jenkins, emphasized the company’s commitment to advancing a least-privilege approach to cybersecurity. He noted that the new funding would facilitate ongoing innovation within their EDR (Endpoint Detection and Response) and MDR (Managed Detection and Response) offerings integrated into a single cybersecurity platform. This strategic direction is aimed at reinforcing their customers’ defenses against an evolving landscape of cyber threats, while also enhancing their ability to manage and respond to incidents.
