Cybersecurity startup Threat X, which offers cloud-based web application firewall (WAF) solutions, today announced that it has closed an $8.2 million Series A funding round.
The Denver, Colorado-based company says the new funding will be used to fuel growth and support adoption of its WAF technology and managed security services.
The company explains that its SaaS-based solution “employs kill-chain based, progressive profiling to identify and neutralize threats.”
“Our goal is to help organizations protect their applications with a SaaS based web application firewall that provides a holistic view of every attack, the techniques being utilized, and target vulnerabilities,” Bret Settle, Founder and CEO of Threat X, said. “Our behavioral profiling and correlation engine analyzes each attack and eliminates false positives by grading risk level and progress throughout the ‘kill-chain’. Our customers can also leverage our deep analytics and expert security team for greater threat intelligence and visibility into preventative measures.”
The funding round was co-led by Grotech Ventures and Access Venture Partners.

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.
More from Mike Lennon
- ‘No Evidence’ of Cyberattack Related to FAA Outage, White House Says
- SecurityWeek to Host 2022 ICS Cybersecurity Conference October 24-27 in Atlanta
- Google Completes $5.4 Billion Acquisition of Mandiant
- Cybersecurity Firm ZeroFox Begins Trading on Nasdaq via SPAC Deal
- HUMAN Security and PerimeterX Merge on Mission to Combat Bots
- Last Call: CFP for ICS Cybersecurity Conference Closes July 15th
- Johnson Controls Acquires Tempered Networks to Shield Buildings From Cyberattacks
- Snowflake Launches Cybersecurity Workload to Find Threats Across Massive Data Sets
Latest News
- Russian Millionaire on Trial in Hack, Insider Trade Scheme
- British Retailer JD Sports Discloses Data Breach Affecting 10 Million Customers
- Vulnerabilities in OpenEMR Healthcare Software Expose Patient Data
- Russia-Linked APT29 Uses New Malware in Embassy Attacks
- Meta Awards $27,000 Bounty for 2FA Bypass Vulnerability
- The Effect of Cybersecurity Layoffs on Cybersecurity Recruitment
- Critical Vulnerability Impacts Over 120 Lexmark Printers
- BIND Updates Patch High-Severity, Remotely Exploitable DoS Flaws
