Hunters Raises $30 Million Round To Lead The Open Extended Detection And Response (Xdr) Market

Aug 24, 2021•almost 4 years ago

Amount Raised

$30 Million

Newton

Description

Hunters today announced a $30 million Series B round led by Bessemer Venture Partners, with participation from existing investors YL Ventures, Blumberg Capital, Microsoft’s Venture Fund M12 and U.S. Venture Partners (USVP). The new funding brings the total investment to $50.4 million. The previous financing round also included Okta Ventures and Snowflake as strategic investors.

Company Information

Company

Hunters

Location

Newton, Texas, United States

About

Hunters XDR is a purpose-built, turn-key data and security platform powering effective detection and rapid response to security incidents. Ideal for security operations teams working to contain technology sprawl, adapt to cloud-scale and extend the value of the existing data streams, the Hunters Open XDR is adopted as a modern SIEM replacement by the world’s largest enterprises. Hunters is backed by leading VCs and strategic investors including Bessemer Venture Partners, U.S. Venture Partners (USVP), Microsoft M12, YL Ventures, Blumberg Capital, Snowflake, and Okta. Hunters was recognized as SC Media 2021 Trust Award Finalist for Best Threat Detection Technology, Gold winner in the Cybersecurity Excellence Awards, Gold winner in The Globee Awards Cyber Security Global Excellence Awards, Winner of CISO Choice Awards: Security Analytics and Security Operations and is a SINET16 finalist.

Funding Insights

Based on industry data

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