Security News > 2020 > June > Threat Hunting Firm Hunters Raises $15 Million in Series A Round
Threat hunting solutions provider Hunters today announced that it closed a $15 million Series A funding round, which brings the total raised by the company to $20.4 million.
The funds will allow Hunters to invest further in machine learning research and extend its threat detection capabilities.
Hunters' security-as-a-service solution aims to autonomously detect attack techniques and correlate them across data sources, including threat signals that might be missed due to noise.
"The Series A investment validates the tremendous progress we've made on the technical front with ML and threat research, and commercially with cybersecurity ecosystem partners," said Uri May, Hunters co-founder and CEO. Investors participating in the funding round include Microsoft's venture fund M12, U.S. Venture Partners, seed investors YL Ventures and Blumberg Capital, and Okta Ventures.
"We are excited to join the impressive portfolios of M12 and USVP and to be able to leverage the support, experience and networks of these top U.S. venture firms. The participation of cloud-native, enterprise identity leader Okta, via Okta Ventures, is an additional significant vote of confidence in the value Hunters brings to the cybersecurity ecosystem," May added.