Huntress Captures $150M Series D At $1.5B-Plus Valuation

Maryland-based became the newest cybersecurity unicorn after it raised a $150 million Series D at a $1.5 billion-plus valuation.

The new round was led by , and existing investor .

The startup focuses on security services for small business to small enterprise customers 鈥� an often overlooked sector in cyber as many companies chase 500 companies.

鈥淓veryone deserves the ability to protect themselves and their employees鈥� livelihoods. This is the 鈥榳hy鈥� that supercharges my team to work around the clock and democratize access to the tools and talent typically built for the enterprise,鈥� said co-founder and CEO in a .

Huntress currently is realizing more than 70% year-to-year revenue growth for the past two years as it continues to 鈥渁pproach $100 million in annual recurring revenue.鈥�

Founded in 2015, Huntress has raised nearly $310 million, .

Cyber funding

Huntress鈥� fresh round is just the latest big cybersecurity round in a Q2 where funding has taken off.

With a couple of weeks still remaining in the quarter, cyber startups have raised $4.1 billion in 141 deals, per SA国际传媒 . That far outpaces Q1鈥檚 numbers, when such startups raised $2.7 billion in 140 deals and smashes last year鈥檚 Q2 totals of $1.8 billion in 192 deals.

Of course, this year鈥檚 Q2 numbers are helped out immensely by cloud security startup 鈥檚 big announcement in May that it had raised $1 billion at a $12 billion valuation. That round is still the biggest in cybersecurity this year.

Overall funding for the year is currently well ahead of this same point last year.