Zero Trust endpoint security provider ThreatLocker this week announced that it has raised $100 million in Series C funding, which brings the total investment in the company to $124.4 million.
The new funding round was led by General Atlantic, with additional investment from Arthur Ventures and Elephant VC.
Founded in 2017, the Maitland, Florida-based firm provides organizations with enterprise-level server and endpoint solutions that adopt a Zero Trust approach to security: all untrusted software is blocked, including libraries, scripts, and ransomware.
ThreatLocker also claims its solutions can block known and unknown application vulnerabilities, while providing customers with full control over the applications that run within their environments.
The company, which currently has roughly 140 employees, plans to use the new funds to hire aggressively and accelerate product development and global expansion.
“We believe this new injection of capital will enable us to improve our product and grow ThreatLocker’s market presence,” ThreatLocker CEO Danny Jenkins said.
ThreatLocker told SecurityWeek that it expects to reach a $1 billion valuation and become a cybersecurity unicorn before the end of the year.
Ionut Arghire is an international correspondent for SecurityWeek. Previous Columns by Ionut Arghire:Tags: