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Cybersecurity Funding

ThreatSpike Raises $14 Million in Series A Funding

ThreatSpike will use the fresh funding to expand its engineering, go-to-market, and security operations teams.

End-to-end cybersecurity provider ThreatSpike has raised $14 million in a Series A funding round led by Expedition Growth Capital, after being bootstrapped for 14 years.

Founded in 2011, the London-based firm provides real-time detection and response and penetration testing capabilities in a single, unified platform that delivers enterprise-grade cybersecurity to mid-sized businesses.

According to ThreatSpike, its fully managed services provide organizations with full visibility across endpoints, network, cloud assets, email services, and applications, leveraging AI for automation and continuous threat hunting.

Additionally, the platform allows organizations to test their security posture whenever they want through real-world attack simulations and vulnerability scanning.

ThreatSpike says it built the all-in-one platform to provide customers with the controls needed to stay protected from the evolving threat landscape, and to address the complexity, cost, and gaps that fragmented security tools create.

The company serves more than 200 customers across the hospitality, industrial, investment, professional services, and other sectors in North America and EMEA.

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ThreatSpike will use the fresh investment to expand its engineering, go-to-market, and security operations teams, accelerate innovation, and support global expansion.

“In a market full of three-letter acronym products and aggressive upselling, we take a different approach which puts customer security at the core. We are proud to combine world-class technology and expert support into one transparent, flexible solution that delivers true protection without the complexity or hidden costs,” ThreatSpike founder and CEO Adam Blake said.

Related: Trustifi Raises $25 Million for AI-Powered Email Security

Related: Zero Networks Raises $55 Million for Microsegmentation Solution

Related: Cybersecurity Posture Management Firm Balbix Raises $70 Million

Related: SeeMetrics Raises $6M for Portfolio Management Platform

Written By

Ionut Arghire is an international correspondent for SecurityWeek.

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