ThreatQuotient Adds $22.5 Million in Funding
ThreatQuotient, a threat intelligence and security operations platform provider, has closed $22.5 million in new financing through a combination of equity and debt financing.
In total, ThreatQuotient has now raised $60 million in equity plus a debt facility.
Founded in 2013 by Wayne Chiang and Ryan Trost, who previously worked at a Security Operations Center of defense contractor General Dynamics, ThreatQuotient offers a threat intelligence platform that helps customers manage and correlate external sources with all internal analytics solutions for contextual, operationalized intelligence.
The Reston, Virginia-based company says the additional funding will help “accelerate execution of new innovations currently in development.”
“As a result of strong performance in 2020, we welcomed an opportunity to secure additional funding and add new investors to our syndicate. ThreatQuotient is meeting a critical need for security operations solutions, and we have significant expansion plans to continue this momentum,” said John Czupak, President and CEO, ThreatQuotient.
The investment syndicate includes New Enterprise Associates (NEA), Adams Street Partners, Escalate Capital, Blu Ventures, Cisco Investments and Gaingels.
Marc Solomon, Chief Marketing Officer at ThreatQuotient, is a longstanding SecurityWeek industry contributor.