Security Experts:

Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Cybersecurity Funding

Threat Intelligence Firm Flashpoint Raises $34 Million

Threat intelligence company Flashpoint this week announced that it received a total of $34 million in investment and debt financing.

Of the total amount, $6 million represents new equity from investors and $28 million is debt financing from Bank of Montreal’s Technology and Innovation Banking Group.

Threat intelligence company Flashpoint this week announced that it received a total of $34 million in investment and debt financing.

Of the total amount, $6 million represents new equity from investors and $28 million is debt financing from Bank of Montreal’s Technology and Innovation Banking Group.

Flashpoint says it plans on using the money to accelerate innovation and product development, expand data collections, and increase customer acquisition and support.

The latest funding brings the total raised by the company since 2015 to over $80 million.

“This is an exciting time for Flashpoint, and it is an honor to have such strong and committed financial partners,” said Josh Lefkowitz, the company’s CEO and co-founder. “Some have been with us since almost the beginning, and some are newer to the Flashpoint family, but they all equally understand and support our mission of providing security and intelligence solutions that help our clients combat fraud, insider threats, physical security risks, and also improve their vulnerability management.”

Flashpoint provides threat intelligence and risk solutions that rely on technology, data collections and human analysts to help organizations improve their cybersecurity posture, detect insider threats, address third-party risk, tackle fraud, and assist due diligence efforts.

Related: Confluera Raises $9M, Unveils ‘Real-time Attack Interception and Defense’ Platform

Related: Artificial Intelligence Threat Detection Firm Vectra Raises $100 Million

Related: Cyber Fusion Center-in-a-Box Firm Cyware Raises $3 Million in Seed Funding

Written By

Eduard Kovacs (@EduardKovacs) is a contributing editor at SecurityWeek. He worked as a high school IT teacher for two years before starting a career in journalism as Softpedia’s security news reporter. Eduard holds a bachelor’s degree in industrial informatics and a master’s degree in computer techniques applied in electrical engineering.

Click to comment

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

Threat Intelligence

How threat intelligence is critical when justifying budget for GRC personnel, and for threat intelligence, incident response, security operations and CISO buyers.

Management & Strategy

Industry professionals comment on the recent disruption of the Hive ransomware operation and its hacking by law enforcement.

Management & Strategy

SecurityWeek examines how a layoff-induced influx of experienced professionals into the job seeker market is affecting or might affect, the skills gap and recruitment...

Management & Strategy

Tens of cybersecurity companies have announced cutting staff over the past year, in some cases significant portions of their global workforce.

Funding/M&A

Tenable has launched a $25 million venture fund to place bets on early-stage startups in the exposure management space.

Funding/M&A

Twenty-one cybersecurity-related M&A deals were announced in December 2022.

Cybersecurity Funding

Forward Networks, a company that provides network security and reliability solutions, has raised $50 million from several investors.