Maitland cybersecurity firm raises $115 million in Series D

MAITLAND – A cybersecurity firm here has raised $115 million in Series D funding, providing a capital injection that will lead to more hiring and build out of its security products.

ThreatLocker already employs around 400 in offices across the globe with the majority being at its headquarters in Maitland. That number has doubled in the past year and is expected to double once more during the next two years.

The company owns a suite of enterprise-level cybersecurity products and has more than 45,000 clients worldwide.

At its Maitland office, which was once home to the video game giant Electronic Arts, ThreatLocker’s workforce constantly monitors threats, houses its sales staff and responds to customer service calls almost instantly.

“To be able to raise $115 million is really powerful,” CEO Danny Jenkins said at the company’s office on Wednesday.

The money will allow ThreatLocker to increase its visibility and evolve the technology behind its security products.

The business represents the third that Jenkins has launched.

While he had a plan and has executed on it, he said he really couldn’t comprehend what would happen if the business took off.

Now it has.

“I don’t know if you ever really expect it to happen,” he said. “But we just kept moving past the next barrier. The goal was to change market opinion on how security should be done. That was the initial goal and what we focused on.”

The round for ThreatLocker was led by General Atlantic, an existing investor in the company, with participation from several others including StepStone Group and D.E. Shaw.