Huntress Raises $40 Million in Series B Funding to Expand SMB Security Platform
Summary
Huntress announced a $40 million Series B round led by JMI Equity, with existing investors participating. The company said funding would support platform expansion, product development and broader security services for SMBs.
Key points
- JMI Equity led the $40 million Series B round; existing investors ForgePoint Capital and Gula Tech Adventures also participated.
- Huntress said the funding would accelerate platform expansion and its product roadmap while the company remains independent.
- The company cited a platform launch, acquisition of Level Effect’s Recon technology and a beta launch of its managed Microsoft Defender offering as recent developments.
- Huntress said it plans to expand beyond endpoint detection, including improved management of antivirus and firewalls and increased visibility into network traffic and cloud-based email threats.
- The company’s stated focus is providing affordable cybersecurity services to small and mid-sized businesses.
Article Details
- Event Type
- Huntress announced it raised $40 million in Series B funding.
- Impact
- The funding is intended to support expansion of Huntress's cybersecurity platform and roadmap, including services for small and midsized businesses. The article also mentions prior launches and an acquisition, but reports no security incident or breach.
Vendors
ForgePoint CapitalServiceNow and Trustwave, to name a few), with additional support from our existing investors at ForgePoint Capital and Gula Tech Adventures.Gula Tech Adventuresto name a few), with additional support from our existing investors at ForgePoint Capital and Gula Tech Adventures.HuntressHuntress Series B: Our Next Chapter of GrowthJMI EquityThis fundraising round is led by JMI Equity, a growth equity firm focused on investing in leading software companies (Autotask, Code42, ServiceNow and Trustwave, to name a few), with additional support from our existing
Products
Managed Microsoft DefenderSecurity Platform, our acquisition of Level Effect’s Recon technology, the beta launch of our Managed Microsoft Defender , our second hack_it event and much more—we’re ready to take things to the next level to helpThe Huntress Security Platformplatform for SMBs. After an exciting year of growth—which included the launch of The Huntress Security Platform, our acquisition of Level Effect’s Recon technology, the beta launch of our Managed Microsoft