ThreatLocker, a global leader in cybersecurity, has raised $115m in a Series D funding round led by General Atlantic, boosting its mission to deliver Zero Trust endpoint security globally. The funding will enhance the company’s product suite, which includes server and endpoint security solutions. ThreatLocker aims to accelerate product innovation and global expansion, offering a proactive approach to cybersecurity. The company has made significant strides in promoting a least-privilege approach and introducing new EDR and MDR products within a single cybersecurity platform.
- ThreatLocker raises $115 million in Series D funding led by General Atlantic to enhance Zero Trust endpoint security and expand globally.
- ThreatLocker’s product suite provides enterprise-level server and endpoint security by blocking untrusted software, including ransomware and exploits, with various security measures like Default Deny Application Control and EDR.
- The funding will drive product innovation, global expansion, and development of Zero Trust products, reinforcing ThreatLocker’s position as a cybersecurity leader.
ThreatLocker raises $115m Series D to Continue Delivering Zero Trust Endpoint Security
ThreatLocker, a global cybersecurity leader, has announced that it has raised $115 million in Series D funding to further enhance its Zero Trust endpoint security solution and expand its reach to organisations worldwide. The funding round was led by General Atlantic, a leading global growth equity firm, with participation from StepStone Group and the D. E. Shaw group.
ThreatLocker provides organisations with an effective Zero Trust approach to cybersecurity, allowing them to protect their IT operations. ThreatLocker’s product suite offers enterprise-level server and endpoint security by blocking untrusted software, including ransomware, scripts, libraries and exploits of known and unknown application vulnerabilities. It incorporates various security measures such as Default Deny Application Control, Ringfencing™, Storage Control, Privileged Access Management, Network Access Control, Endpoint Detection & Response (EDR) and Managed Detection & Response (MDR) solutions.
With the new investment, ThreatLocker also plans to accelerate its global expansion efforts. ThreatLocker believes that its customers should have complete control over their network and devices, enabling them to know what is trying to infiltrate their stack and not live in fear of the next cyberattack.
ThreatLocker has made significant strides in the industry by promoting a least-privilege approach and introducing new EDR and MDR products within a single cybersecurity platform. The company’s CEO, Danny Jenkins, expressed excitement about the new injection of capital, stating that it will enable ThreatLocker to continue developing Zero Trust products and expand its market presence. He also highlighted the importance of partnering with General Atlantic, StepStone Group, and the D. E. Shaw group, leveraging their experience in bringing products to market and scaling technologically-disruptive businesses.
ThreatLocker’s COO, Sami Jenkins, also expressed enthusiasm about extending partnerships with General Atlantic and working with StepStone Group and the D. E. Shaw group. The company’s growth has been remarkable, with doubled revenue and a 50% increase in its workforce over the past year. ThreatLocker currently has thousands of partners and protects over 50,000 organisations. Its clientele includes financial institutions, healthcare organisations and airlines such as Emirates and JetBlue Airways.
Gary Reiner, Operating Partner at General Atlantic, emphasised the importance of ThreatLocker’s Zero Trust approach in filling gaps in security stacks. He views ThreatLocker as an emerging leader in this paradigm shift and is thrilled to further the partnership to accelerate the company’s growth as an endpoint security disruptor.
ThreatLocker, founded in 2017 by Danny Jenkins, Sami Jenkins, and John Carolan, is headquartered in Orlando, Florida, USA. The company is dedicated to providing enterprise-level Zero Trust cybersecurity tools to improve the security of servers and endpoints. With this latest funding round, ThreatLocker is well-positioned to continue its mission of delivering robust cybersecurity solutions to organisations globally.
About General Atlantic
General Atlantic is a leading global growth investor with over four decades of experience in providing capital and strategic support to more than 520 growth companies. Established in 1980, the firm partners with visionary entrepreneurs to deliver lasting impact. General Atlantic combines a collaborative global approach, sector-specific expertise, a long-term investment horizon, and a deep understanding of growth drivers to scale innovative businesses worldwide. The firm has approximately $84 billion in assets under management and more than 300 investment professionals based in various locations around the world.
About the D. E. Shaw Group
The D. E. Shaw group is a global investment and technology development firm with over $60 billion in investment capital. Founded in 1988, the firm has earned a reputation for successful investing based on innovation, careful risk management, and the quality and depth of its staff. The D. E. Shaw group has a significant presence in the world’s capital markets, investing in a wide range of companies and financial instruments in both developed and developing economies. The firm has offices in North America, Europe, and Asia.
FAQ
Q: What is ThreatLocker’s main focus in cybersecurity?
A: ThreatLocker’s main focus in cybersecurity is to provide organisations with an effective Zero Trust approach to protect their IT operations.
Q: What solutions does ThreatLocker offer for enterprise-level server and endpoint security?
A: ThreatLocker offers solutions such as Default Deny Application Control, Ringfencing™, Storage Control, Privileged Access Management, Network Access Control, Endpoint Detection & Response (EDR), and Managed Detection & Response (MDR) to enhance server and endpoint security.
Q: How does ThreatLocker plan to utilise the $115 million in Series D funding?
A: ThreatLocker plans to utilise the funding to drive product innovation, expand its global presence, and continue developing Zero Trust products.
Q: Who led the Series D funding round for ThreatLocker?
A: The Series D funding round for ThreatLocker was led by General Atlantic, a global growth equity firm, with participation from StepStone Group and the D. E. Shaw group.
Q: What types of organisations does ThreatLocker currently protect?
A: ThreatLocker currently protects over 50,000 organisations, including financial institutions, healthcare organisations and airlines such as Emirates and JetBlue Airways.
Q: When was ThreatLocker founded, and where is it headquartered?
A: ThreatLocker was founded in 2017 by Danny Jenkins, Sami Jenkins and John Carolan, and it is headquartered in Orlando, Florida, USA.