Cybersecurity company Horizon3 completes $250 million Series E funding round, valuation exceeds $2 billion

TechFlow News, August 03, according to Forbes reports, San Francisco-headquartered cybersecurity company Horizon3 completed a $250 million Series E funding round, jointly led by NightDragon and NEA, with a valuation exceeding $2 billion, representing more than threefold growth compared to the valuation of approximately $650 million a year ago. This funding round was oversubscribed, with the company's annual recurring revenue growth rate reaching 120% and a customer base exceeding 6,500, including the U.S. National Security Agency (NSA), Cybersecurity and Infrastructure Security Agency (CISA), and four Fortune 10 companies.