Horizon3 hits $2 billion valuation with $250M Series E as AI threats escalate
AI-summarised brief · reviewed before publication
San Francisco‑based cybersecurity startup Horizon3 closed a $250 million Series E round, valuing the company at $2 billion, more than tripling its worth in just 14 months. The round was led by returning backers NightDragon and NEA, with new strategic investors including Singapore’s EDBI, defense contractor SAIC and Qualcomm. Horizon3’s NodeZero platform uses proprietary AI to continuously probe live networks without downtime, claiming to scan entire infrastructures rather than the typical 2‑3 % sampled annually. The firm reported roughly $100 million in R&D spend and approached $100 million in annual recurring revenue last year, posting 120 % year‑over‑year growth. The capital will fund global expansion into Amsterdam, Australia and Singapore and further development of its “AI Hacker” autonomous penetration‑testing technology to meet rising demand for real‑time cyber resilience.
💡 Why It Matters
- · Enterprises now need nonstop, automated testing to keep pace with AI‑driven attacks that traditional, periodic assessments can’t contain.