ThreatLocker Raises $100M Round
April 22, 2022
ThreatLocker
has raised $100M in Series C funding led by global growth equity firm
General Atlantic, with participation from existing investors Elephant VC
and Arthur Ventures. With the new investment, ThreatLocker will focus on
accelerating product innovation to bring the power of Zero Trust
security to more organizations, hiring top talent and accelerating the
company’s global expansion.
ThreatLocker provides organizations with the ability to protect their IT
operations with an effective Zero Trust approach to cybersecurity. The
product suite provides enterprise-level server and endpoint security by
blocking untrusted software, including ransomware, scripts and
libraries, and exploits of known and unknown application vulnerabilities
through Default Deny Application Control, Ringfencing, Storage Control,
Privileged Access Management and Network Access Control solutions.
ThreatLocker believes that its customers should have complete control
over their network and devices, and not live in fear of the next
cyberattack. With a powerful security tool suite designed to enable
organizations to easily and directly control exactly what applications
run on their endpoints, ThreatLocker customers can rest assured knowing
that their businesses are protected using the Zero Trust model framework
that protects them from various cyber threats, including unknown
malware, ransomware and exploits for known and unknown vulnerabilities.
ThreatLocker
CEO Danny Jenkins commented, “ThreatLocker has made a huge impact in the
industry in driving least-privilege approach forward over the last few
years. We believe this new injection of capital will enable us to
improve our product and grow ThreatLocker’s market presence. We are very
excited to be partnering with General Atlantic and look forward to
leveraging the team’s deep experience in bringing products to market and
scaling technologically-disruptive businesses.”
The new investment follows a year of skyrocketing growth as ThreatLocker
quadrupled its revenue and workforce. Today, ThreatLocker has thousands
of partners and protects over 23,000 organizations. Serving companies
who are serious about security, ThreatLocker partners with managed
service providers and enterprise clients, including banks, healthcare
organizations, and airlines such as JetBlue Airways.
Gary Reiner, Operating Partner at General Atlantic, continued,
“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.”
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