Hunters brings in $30M Series B to grow XDR security tech –

Funding Rounds

Summary

It’s that opportunity that startup Hunters is looking to capitalize on as the company today announced that it has raised a $30 million Series B round led by Bessemer Venture Partners (BVP). Hunters co-founder and CEO Uri May explained that his company’s Open XDR platform can help to identify the tactics, techniques and procedures (TTPs) that attackers use to gain access and exploit an organization. Hunters’ technology makes use of automation and machine learning, such that security analysts are able to be more effective in a shorter amount of time. To date, he said the company has hit its own internal milestones for customer acquisition and revenues, finding a good market fit for its XDR technology. May emphasized that he’s also keen to use the funding to cut through the increasingly noisy business of security technology with new innovations that will disrupt the market, providing even more capabilities to users.

$ Funding

$
Amount $30.0M Total raised
Date August 24, 2021 Announcement date
Investors U.S. Venture Partners, M12 Lead investors
Company http://www.hunters.ai Funded company

Classifications

industries
Fintech & Banking
applications
Anti Piracy

AskAI Classifications

Labels
No AI classifications detected

Linked Companies

Hunters
$10M to $25M