Security Experts:

Endgame Raises $30 Million to Bring Military-Grade Cyber Tools to the Enterprise

Security intelligence and analytics solutions provider Endgame, Inc. announced that it has closed a $30 million Series C equity funding round.

The latest round brings the total funding raised by the Arlington, Virginia-based firm to $90 million.

Endgame Logo

Endgame, which has been known for selling tools and zero-day exploits to government customers for offensive purposes, is shifting its focus to sell its military-grade security intelligence and analytics platform to enterprise customers.

Endgame CEO Nate Fick told Forbes earlier this year that he would be taking the company out of the zero-day exploit game.

“The exploit business is a crummy business to be in,” Fick told Forbes. “If we’re going to build a top-tier security firm, we have to do things differently…. This is one of those happy circumstances where business realities, reputational concerns and my personal feelings aligned.”

Asked by SecurityWeek if the company still develops and sells exploits that could be used for offensive purposes, Niloo Howe, Chief Strategy Officer at Endgame, did not say specifically, but said the company develops a “variety of national security and business security solutions that enable organizations to defend themselves.”

“While I can’t discuss the specific work Endgame does for the government, I can say that we make solutions that United States government national security organizations can use to protect the nation,” Howe said.

The company said that it would use the new injection of cash to continue hiring engineers, data scientists, and malware analysts, and continue to scale its federal business while accelerating growth in the enterprise security market.

“Our core capabilities use data science and cutting-edge technology to give our federal and commercial customers real-time visibility across their digital domains, and our ecosystem of applications use that insight to solve a wide array of security problems,” the company explained.

Founded in 2008, Endgame currently has roughly 100 employees and has offices in Washington, DC, San Francisco, CA, San Antonio, TX and Melbourne, FL.

The company added approximately one person per week to its headcount in 2014, a growth rate that Fick says will extend throughout 2015.

The biggest challenge slowing the company down is hiring, Fick told SecurityWeek. “We’re constantly out unicorn hunting, looking for the highly talented people in this space.”

New investors participating in the funding round include Edgemore Capital and Top Tier Capital Partners, who co-led the round. Savano Capital Partners, another new investor, also participated. This new investors join existing investors, Bessemer Venture Partners, Paladin Capital Group, Columbia Capital, and Kleiner Perkins Caufield & Byers.

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For more than 10 years, Mike Lennon has been closely monitoring the threat landscape and analyzing trends in the National Security and enterprise cybersecurity space. In his role at SecurityWeek, he oversees the editorial direction of the publication and is the Director of several leading security industry conferences around the world.