Huntress raised $150M in a Series D at a $1.5B-plus valuation led by Kleiner Perkins, Meritech Capital and Sapphire Ventures for cybersecurity services targeting small business to small enterprise customers.
Jun 18, 2024•over 1 year ago
Amount Raised
$150 Million
Round Type
series d
Investors
Sapphire VenturesMeritech CapitalKleiner Perkins
Description
Maryland-based cybersecurity unicorn, Huntress, raised $150 million in a Series D round at a $1.5 billion-plus valuation. The round was led by Kleiner Perkins, Meritech Capital, and existing investor Sapphire Ventures. The startup focuses on security services for small business to small enterprise customers, aiming to democratize access to enterprise-level security tools and talent.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech