Saturday, March 2, 2024

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Huntress: Raises $40M in Series B Funding

  • Huntress, an Ellicott City, Md.-based provider of managed detection and response (MDR) with human-powered threat hunting, raised $40m in Series B funding
  • The round was led by JMI Equity with participation from ForgePoint Capital and Gula Tech Adventures
  • The company intends to use the funds to continue expanding its cybersecurity platform
  • Huntress enables businesses to identify and eliminate attackers who have bypassed preventive tools and are hiding within exposed IT environments
  • The company also recently announced the acquisition of network-aware endpoint detection and response (EDR) technology from San Antonio-based startup Level Effect
  • Today, Huntress partners with more than 1,500 resellers which in turn support more than 25,000 end customer organizations

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