ThreatLocker, Fortress Latest Cybersecurity Providers Netting Massive Investments

ThreatLocker and Fortress Information Security (Fortress) are the latest cybersecurity companies to receive $100 million or more in investment funding.

ThreatLocker has raised $100 million in Series C funding led by global growth equity firm General Atlantic. Existing investors Elephant VC and Arthur Ventures also participated in the funding.

Fortress has received a $125 million strategic investment from funds managed by the private equity business within Goldman Sachs Asset Management.

With the new investment, ThreatLocker said it will focus on accelerating product innovation to bring zero-trust security to more organizations. It’ll also hire top talent and accelerate its global expansion.

Fortress said the funding supports its mission of securing U.S. critical industries from cybersecurity and operational threats emanating from their supply chains. Existing investors will continue to support Fortress. Those include co-founders Peter Kassabov and Alex Santos, ClearSky, First Analysis, American Electric Power and more.

Eric Parizo is principal analyst of Omdia’s cybersecurity operations intelligence service.

Omdia’s Eric Parizo

“Cybersecurity remains an attractive market for private equity and other investors because the demand for innovative cybersecurity solutions remains at an all-time high,” he said. “Enterprises still struggle to thwart intrusions and breaches due to the myriad issues including ransomware, privilege management and unauthorized access. And there’s certainly a need for innovative solutions offering a zero trust-centric protection for the distributed enterprise.”

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