Funding round
ThreatLocker Series C
ThreatLocker, which works in zero trust cybersecurity solutions in Orlando, raised $100M in a Series C round announced on 19 Apr 2022, led by General Atlantic. 3 firms took part, 3 of them already investors. It is ThreatLocker's third venture round on record; the one before was a Series B in May 2021.
$100M
Amount raised
Not disclosed
Post-money valuation
3
Investors
1 lead
Valuation
What this round says about the price
ThreatLocker did not disclose a valuation in this round. It came 11 months after ThreatLocker's Series B. It is 20% of the $489M ThreatLocker has raised in the venture rounds on record. ThreatLocker raised again 24 months later: a Series D round of $115M in Apr 2024. Its next priced round, a Series E in Apr 2025, valued it at $1.20B.
ThreatLocker's funding rounds
ThreatLocker has 6 venture rounds on record. This one is highlighted.
Investors
Who put money in
General Atlantic led the round with 2 other firms. General Atlantic, Elephant and Arthur Ventures had backed ThreatLocker before.
Lead investor
- General Atlantic backs 134 venture-backed companies existing investor
Also in the round
- backs 32 venture-backed companies existing investor
- backs 35 venture-backed companies existing investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
455 Series C rounds in Tech Companies within a year either side disclosed an amount; the median was $60M, and this round was 1.7 times the median. The closest in time, other companies' Series C rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Remote Tech Companies | 5 Apr 2022 | $300M | $3.00B | SoftBank Vision Fund |
| Tech Companies | 20 Apr 2022 | $170M | not disclosed | Prosus and Sanabil |
| Tech Companies | 10 Apr 2022 | $150M | $1.90B | Binance |
| Tech Companies | 12 Apr 2022 | $150M | $1.00B | Silver Lake |
| Tech Companies | 20 Apr 2022 | $125M | $1.00B | Buckley Ventures |
| Tech Companies | 12 Apr 2022 | $125M | not disclosed | SoftBank Vision Fund |
| Tech Companies | 27 Apr 2022 | $105M | not disclosed | Blue Earth Capital |
| Tech Companies | 4 Apr 2022 | $100M | $800M | G Squared |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did ThreatLocker raise in its Series C round?
ThreatLocker raised $100M in its Series C round, announced in Apr 2022.
Who led ThreatLocker's Series C round?
General Atlantic led it, with Elephant and Arthur Ventures.
What was ThreatLocker's valuation at the Series C round?
It was not disclosed.
How does it compare with other Series C rounds in Tech Companies?
455 Series C rounds in Tech Companies within a year either side disclosed an amount; the median was $60M, and this round was 1.7 times the median.
Did ThreatLocker raise again after this round?
Yes: a Series D round in Apr 2024 of $115M.