Application security, Security Architecture, Risk Assessments/Management

Funding round secures $100M for ThreatLocker

SiliconAngle reports that ThreatLocker has raised $100 million in a Series C funding round, which will be spent toward bolstering its cybersecurity platform's features. Organizations could leverage ThreatLocker's platform to automatically block unneeded programs, while setting restrictions to allow apps to better prevent malware attacks. ThreatLocker noted that its platform not only helps avert malware attacks leveraging existing apps but also inhibits apps' access to other programs, including PowerShell. More than 23,000 organizations have already been using ThreatLocker software to protect their networks, according to the company. "ThreatLocker has made a huge impact in the industry in driving least-privilege approach forward over the last few years. We believe this new injection of capital will enable us to improve our product and grow ThreatLocker’s market presence," said ThreatLocker Chief Information Officer Danny Jenkins. The funding round comes as cybersecurity firms secured nearly $21.8 billion in investments in 2021, with the fourth quarter having the highest quarterly funding at $7.8 billion.

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