Threater gets its grip on $5m funding

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Autonomous cyber intelligence and active threat defence platform Threaterhas closed its funding round on $5m.

Gula Tech Adventures, Tenfore Holdings, Saul Holdings and Lord Baltimore Capital Partners led the investment. Additional support came from a batch of unnamed existing and new investors.

Threater Plans to Expand Platform with New Funding

With the capital, the company plans to hire more staff and expand its platform.

Threater claims to be the only active defence cybersecurity platform that fully automates the enforcement, deployment and analysis of cyber intelligence at scale. Its solution blocks known threats from reaching a customer’s network.

It leverages cyber intelligence from over 50 security vendors to give detailed visibility over the threat landscape.

As part of the funding round, the RegTech platform named George Just as its new chief revenue officer. Just has over 20 years of experience in network and security startups as direct and channel sales positions.

Also joining the team is Courtney Brady who will be the new vice president of marketing. Brady joins the team with 15 years of cybersecurity marketing experience.

Threater president and CEO Brian McMahon said, “We’re excited to unveil our new identity that embodies our commitment to real-time, scalable and autonomous threat defence.

“With Threater, our customers are able to maximize and fortify their existing technology stack and take a proactive role in their cybersecurity defences. This new brand and funding will increase our investment in making our customers more secure and will position us for continued growth. Adding George and Courtney to the team is the first step in executing against our investment plan and we’re excited to continue that investment under the new Threater brand.”

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