Security startup Horizon3.ai is raising $100M in new round
Horizon3.ai, a cybersecurity startup specializing in autonomous penetration testing, is raising $100 million in funding, securing at least $73 million so far, with NEA leading the round.
MAIN POINTS
- Horizon3.ai focuses on cybersecurity, offering autonomous penetration testing tools.
- The company is in the process of raising $100 million in a new funding round.
- At least $73 million has been secured according to an SEC filing.
- NEA is leading the current funding round.
TAKEAWAYS
- Horizon3.ai is expanding its financial resources to enhance its cybersecurity offerings.
- The significant funding indicates strong investor confidence in Horizon3.ai's technology.
- NEA's involvement suggests strategic support and potential growth opportunities.
- The funding will likely accelerate Horizon3.ai's market presence and product development.