Malwarebytes Raises $30M for Global Expansion

Endpoint security company Malwarebytes has raised $30 million in a Series A funding round led by Highland Capital Partners.

Marcin Kleczynski, Malwarebytes’ CEO, said his company plans to use the Series A funds to accelerate its global expansion.

“[The funds] will allow us to continue building an even better company for protecting our devoted army of personal users and businesses all over the world,” Kleczynski said in a prepared statement.

Malwarebytes provides anti-malware detection and remediation software to protect both businesses and consumers against cyber threats.

The company already has partnered with MSP platform companies Continuum and Kaseya, and Barracuda Networks (CUDA), among others, and boasts more than 60 million quarterly users.

“We are currently keen to remain focused on the job at hand, building a business which is passionate about giving its customers the best possible protection,” a Malwarebytes spokesperson told MSPmentor.

Kleczynski noted Malwarebytes wants “to develop technology to fight cutting-edge malware,” and the Series A funds will help his company do just that.

“We plan to create the best products to achieve this. As the bad guys continue to advance, Malwarebytes will keep evolving,” Kleczynski added.

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