Dutch IT Channel – Zero Trust security specialist ThreatLocker raises $115 million

With the new investment, ThreatLocker will continue to focus on driving product innovation to bring the power of Zero Trust security to more organizations and accelerate the company’s global expansion.

ThreatLocker provides organizations with the ability to protect their IT operations with an effective Zero Trust approach to cybersecurity. The product suite provides enterprise-grade server and endpoint security by blocking untrusted software, including ransomware, scripts and libraries, and exploits of known and unknown application vulnerabilities through Default Deny Application Control, Ringfencing, Storage Control, Privileged Access Management, Network Access Control, as well as the new Endpoint Detection & Response (EDR) and Managed Detection & Response (MDR) solutions.

ThreatLocker believes its customers should have full control over their network and devices, know what is trying to infiltrate their stack, and not live in fear of the next cyberattack. With a powerful suite of security tools designed to enable organizations to easily and instantly monitor exactly which applications are running on their endpoints, ThreatLocker® customers can rest assured that their businesses are protected using the Zero Trust model framework that gives them protects against various cyber threats, including unknown malware, ransomware and exploits for known and unknown vulnerabilities.

ThreatLocker CEO Danny Jenkins commented: “ThreatLocker has made a huge impact in the industry in recent years by advancing a least privilege approach and introducing new EDR and MDR products within a single cybersecurity platform for our customers. We believe this new capital injection will allow us to continue developing ZT products and increase ThreatLocker’s presence in the market. We are very excited to be working again with General Atlantic, as well as new investors, StepStone Group and the DE Shaw Group, and look forward to leveraging their teams’ deep experience in bringing to market products and scaling technologically disruptive companies.”

Adding to this, ThreatLocker COO Sami Jenkins said: “We are very excited to expand our partnerships with General Atlantic and look forward to working with StepStone and the DE Shaw group.”

The new investment follows another year of growth, with ThreatLocker doubling its revenue and adding 50% to its workforce. Today, ThreatLocker has thousands of partners and protects more than 50,000 organizations. Serving companies that take security seriously, ThreatLocker partners with Enterprises and Managed Service Providers (and MSSPs), including many financial institutions, healthcare organizations, and airlines such as Emirates and JetBlue Airways.

Gary Reiner, Operating Partner at General Atlantic, continued: “ThreatLocker effectively takes the guesswork out of threat detection with its Zero Trust approach. As companies of all sizes increasingly focus on filling gaps in their security stacks, Zero Trust is becoming a necessity – and we see ThreatLocker as an emerging leader in this paradigm shift. We are pleased to continue our collaboration with the team to accelerate ThreatLocker’s growth as an endpoint security disruptor.”