Accelerating Our Mission to Never Stop InnovatingPOSTED BY JOHN CZUPAK
When executives see the latest breach headlines, the first thing they want to know is how their organization might be impacted, and what their security teams are doing about it. Security teams must shift beyond simple detection and response to a position of understanding and anticipating threats through intelligence-driven security. With the industry at this crossroads, it’s extremely gratifying to see our cutting-edge threat intelligence platform being embraced by organizations around the world to accelerate security operations.
We are equally gratified to have the support of our investors and strategic partners who are enabling us to continue to expand our global presence and accelerate our threat intelligence platform innovations. Today we’re announcing that we’ve secured $30M in new financing led by Adams Street Partners. The investment syndicate includes new investor partners Cisco Investments and NTT DOCOMO Ventures, as well as participation from existing investors including New Enterprise Associates (NEA). Our banking partner Silicon Valley Bank rounded out the financing with a growth capital facility. I’m pleased to welcome Fred Wang, a partner of the Venture/Growth Team at Adams Street Partners, to the ThreatQuotient Board of Directors.
The success of our business relies on great people and trusted relationships. I’m proud of the whole ThreatQuotient team, thankful to our valued customers and appreciative of our investors who recognize the great opportunity ahead. This latest financing not only further validates our approach to transforming security operations, but more importantly positions the company to quickly expand operations, and will accelerate our mission to never stop innovating. Read more.