Hunters, an extended detection and response (XDR) platform provider based in Israel, raised $30 million in a Series B round led by Bessemer Venture Partners.
The proceeds from the funding would be used to drive innovation, enhance customer satisfaction, increase market reach, support partner expansion, and recruit more talent.
Company: Cyber Hunters Ltd.
Raises: $30.0M
Round: Series B
Funding Month: August 2021
Lead Investors: Bessemer Venture Partners
Additional Investors:
Company Website: https://www.hunters.ai/
Software Category: Detection and response (XDR) platform
About the Company: Hunters, founded in 2018, provides a turn-key data and security platform that aids effective detection and rapid response to security incidents. Hunters is a group of cyber and technology experts with a mission to revolutionize security operations by combining data engineering, security expertise, and layers of automation to expedite decision making, helping security teams become attack-ready. Hunters infuse how attackers think and act into an Extended Detection and Response (XDR) platform that helps security operations see and stop attacks at their root. Among the innovations that Hunters is working on is enhanced machine learning technology to better understand and correlate sources of information. Expanding sources for the Hunters platform is another area where May expects to expand his company’s platform, with the future integration of more threat intelligence data feeds.
Source: https://saasindustry.com/news/hunters-raises-30m-in-series-b-funding-round-led-by-bessemer-venture-partners/