Startups
Cybersecurity / Funding / Investing

ThreatQuotient raises $12 million Series B

The Reston-based cybersecurity company will use the funds to fuel global expansion.

The ThreatQuotient team. (Photo via Twitter)

Reston, Va.-based cybersecurity company ThreatQuotient announced on Tuesday that the company has secured $12 million in Series B funding. The round was lead by New Enterprise Associates. As part of the deal, NEA Managing General Partner Peter Barris will join the ThreatQuotient board.
The three-year-old startup is the purveyor of ThreatQ, a threat intelligence platform that helps cyber analysts be better at their jobs. As a press release puts it, “ThreatQ provides the context, customization and collaboration required to accelerate the transformation of threat data into actionable threat intelligence, while giving analysts control over the process.”
The new capital is bookmarked to be used in further product development as well as scaling global expansion. “This increased investment … will allow us to stay at the forefront of innovative threat intelligence solutions,” John Czupak, ThreatQuotient president and CEO, said in a statement.
ThreatQuotient has been steadily successful in raising money and recognition in recent months. In December the company secured a $10.2 million Series A, and in March the startup won “Security Start Up of the Year” at the cybersecurity-focused RSA Conference.

Companies: ThreatQuotient / New Enterprise Associates
Subscribe

Knowledge is power!

Subscribe for free today and stay up to date with news and tips you need to grow your career and connect with our vibrant tech community.

Trending

How to respond when a long-tenured employee quits? With grace

The opportunity cost of fear: Underfunding Black founders hurts the US economy

Call for AI startups: Unlock partnership opportunities with the Vertical AI accelerator from Comcast NBCUniversal LIFT Labs

If you own a business, you need to know about the Corporate Transparency Act

Technically Media