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ThreatQuotient closes $22.5 Million in new financing to accelerate innovation and execution

ThreatQuotient closes $22.5 Million in new financing to accelerate innovation and execution
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ThreatQuotient Closes $22.5 Million in New Financing

ThreatQuotient Closes $22.5 Million in New Financing
Reston, Va. - April 6, 2021 - ThreatQuotient™, a leading security operations platform innovator, today announced it has closed $22.5 million in new financing, including a combination of equity and debt financing. The investment syndicate includes New Enterprise Associates (NEA), Adams Street Partners, Escalate Capital, Blu Ventures, Cisco Investments and Gaingels, who took notice of the company’s significant momentum in 2020, specifically their record bookings and revenue growth. ThreatQuotient plans to leverage this financing to accelerate execution of new innovations currently in development.
“As a result of strong performance in 2020, we welcomed an opportunity to secure additional funding and add new investors to our syndicate. ThreatQuotient is meeting a critical need for security operations solutions, and we have significant expansion plans to continue this momentum,” said ....

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ThreatQuotient Closes $22.5 Million in New Financing to Accelerate Innovation and Execution

ThreatQuotient Closes $22.5 Million in New Financing to Accelerate Innovation and Execution
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ThreatQuotient Closes $22.5 Million in New Financing to Accelerate Innovation and Execution

ThreatQuotient Closes $22.5 Million in New Financing to Accelerate Innovation and Execution
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Continued momentum in 2020 including record bookings, new customers and revenue growth garners attention of new investors
London, UK. – 6th April, 2021 - ThreatQuotient™, a leading security operations platform innovator, today announced it has closed $22.5 million in new financing, including a combination of equity and debt financing. The investment syndicate includes New Enterprise Associates (NEA), Adams Street Partners, Escalate Capital, Blu Ventures, Cisco Investments and Gaingels, who took notice of the company’s significant momentum in 2020, specifically their record bookings and revenue growth. ThreatQuotient plans to leverage this financing to accelerate execution of new innovations currently in development. ....

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ThreatQuotient Adds $22.5 Million in Funding

In total, ThreatQuotient has now raised $60 million in equity plus a debt facility.
Founded in 2013 by Wayne Chiang and Ryan Trost, who previously worked at a Security Operations Center of defense contractor General Dynamics, ThreatQuotient offers a threat intelligence platform that helps customers manage and correlate external sources with all internal analytics solutions for contextual, operationalized intelligence.
The Reston, Virginia-based company says the additional funding will help “accelerate execution of new innovations currently in development.”
“As a result of strong performance in 2020, we welcomed an opportunity to secure additional funding and add new investors to our syndicate. ThreatQuotient is meeting a critical need for security operations solutions, and we have significant expansion plans to continue this momentum,” said John Czupak, President and CEO, ThreatQuotient. ....

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