Huntress$40 million was secured for debt financing to support a Reston-based managed cybersecurity platform (SMB) for small and medium-sized businesses.
The funding was provided by CIBC Innovation Banking.
The company plans to use the financing for M&A opportunities, research, product development, and expansion into international markets across Canada, the UK, Europe, Australia and New Zealand.
Kyle Hanslovan is Huntress’ CEO. A managed security platform protects users from ransomware, persistent footholds and other cyberattacks.
Curricula was recently purchased by the company. This engaging security awareness platform uses story-based learning to communicate cybersecurity risk to employees.
Huntress has several existing investors, including JMI Equity Partners and Forgepoint Capital.
FinSMEs
08/09/2022