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Threatx Raises $10 Million; Extends Attacker-Centric Security Platform

Jun 15, 2021•over 4 years ago

Amount Raised

$10 Million

Denver

Description

ThreatX, the leading web application and API protection (WAAP) platform, today announced it has raised $10 million in funding led by .406 Ventures. Existing investors, Access Venture Partners and Grotech Ventures, also participated in the round, providing ThreatX with capital to continue strengthening its dominant position in the next-generation web application security market.

Company Information

Company

Threat X

Location

Denver, Colorado, United States

About

ThreatX’s web application and API protection (WAAP) platform makes the world safer by protecting web applications and APIs from all threats, including DDoS attempts, BOT attacks, API abuse, exploitations of known vulnerabilities, and zero-day attacks. Its multi-layered detection capabilities accurately identify malicious actors and dynamically initiate appropriate action. ThreatX effectively and efficiently protects web applications and APIs for companies in every industry across the globe. For more information, visit: https://www.threatx.com/. 1 Verizon Wireless DBIR, 2021 2 Gartner, “Critical Capabilities for Cloud Web Application and API Protection”, Jeremy D'Hoinne, Adam Hils, Rajpreet Kaur, John Watts, 10 November 2020

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Based on industry data
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