Cybersecurity firm Horizon3 crosses $2 billion valuation in new funding round
Horizon3 secured $250 million in funding, significantly increasing its valuation. This investment comes as AI enhances cyber threats and exploits vulnerabilities. The company's NodeZero platform tests production environments for attack paths. Proceeds will fund expansion into new markets and product development. Horizon3 plans to integrate AI for both attack simulation and defense.
Cybersecurity firm Horizon3 has raised $250 million in its latest funding round, more than tripling its valuation to over $2 billion in just a year. The investment round, led by NightDragon and NEA, brings the company's valuation to new heights amid growing demand for cybersecurity tools as hackers increasingly leverage AI technology to exploit software vulnerabilities and launch more sophisticated attacks.
The funds will be used to expand sales, marketing, and channel operations, enter new markets in Singapore, Australia, Europe, the Middle East, and Africa, and accelerate product development, with a focus on building a continuous learning loop between AI systems that simulate attacks and AI tools that defend against them.
Brief written by urgent.news from Economic Times Tech's own syndicated text. Machine-written — it may contain errors, so check the original before relying on it.
