ThreatX Raises $30M in Series B Funding

Funding Rounds

Summary

In conjunction with the Series B funding, Tom Roberts, General Partner at Harbert Growth Partners, will join ThreatX’ Board of Directors. The company intends to use the funds to accelerate investments in platform development and scale their global sales and marketing initiatives. Led by Gene Fay, CEO, ThreatX provides an API protection platform that makes the world safer by protecting APIs from all threats, including DDoS attempts, bot attacks, API abuse, exploitations of known vulnerabilities, and zero-day attacks. Its multi-layered detection capabilities accurately identify malicious actors and dynamically initiate appropriate action. ThreatX protects APIs for companies in every industry across the globe.

$ Funding

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Amount $30.0M Total raised
Date August 17, 2022 Announcement date
Investors - Lead investors
Company - Funded company

Classifications

industries
No industries detected
applications
Sales and Marketing

AskAI Classifications

Labels
Cybersecurity Software as a Service (SaaS) Application Security

Linked Companies

ThreatX
$1M to $5M