Maryland-based became the newest cybersecurity unicorn after it raised a $150 million Series D at a $1.5 billion-plus valuation.
The new round was led by , and existing investor .
The startup focuses on security services for small business to small enterprise customers an often overlooked sector in cyber as many companies chase 500 companies.
Everyone deserves the ability to protect themselves and their employees livelihoods. This is the why that supercharges my team to work around the clock and democratize access to the tools and talent typically built for the enterprise, said co-founder and CEO in a .
Huntress currently is realizing more than 70% year-to-year revenue growth for the past two years as it continues to approach $100 million in annual recurring revenue.
Founded in 2015, Huntress has raised nearly $310 million, .
Cyber funding
Huntress fresh round is just the latest big cybersecurity round in a Q2 where funding has taken off.
With a couple of weeks still remaining in the quarter, cyber startups have raised $4.1 billion in 141 deals, per 蹤獲弝け . That far outpaces Q1s numbers, when such startups raised $2.7 billion in 140 deals and smashes last years Q2 totals of $1.8 billion in 192 deals.
Of course, this years Q2 numbers are helped out immensely by cloud security startup s big announcement in May that it had raised $1 billion at a $12 billion valuation. That round is still the biggest in cybersecurity this year.
Overall funding for the year is currently well ahead of this same point last year.
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Related reading:
- Huntress Tracks Down $40M Series B To Secure SMBs
- Cloud Security Firm Wiz Raises $1B At $12B Valuation
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