Hunters this week announced a $68 million Series C round led by growth equity firm Stripes. The new funding brings the total investment in Hunters to $118 million.
Hunters’ SOC Platform empowers security teams to automatically identify and respond to incidents that matter across the entire attack surface. Global enterprises, including leading Fortune 500 companies in financial services, media, retail and manufacturing choose Hunters as their main SOC platform, replacing their SIEM.
Hunters’ ability to ingest and normalize data from all security data sources at a predictable cost is key to seeing and stopping attacks. Its built-in detection engineering, data correlation and automatic investigation helps security teams overcome volume, complexity and false positives.
Uri May, CEO and co-founder of Hunters
The SIEM market is worth $4.3 billion and is ripe for disruption since it drives limited security outcomes for its customers. Players in this category focus on data ingestion and leave customers to build their own detection engineering and investigation capabilities or have significant gaps in scale and pricing models. Hunters was purpose built to help the overly stressed security teams mitigate real security incidents faster and more effectively.
Ken Fox, founder and partner at Stripes and board member at Hunters
After meeting the Hunters team and hearing customers rave about the product, we have strong conviction that they are poised to conquer one of the biggest markets in security as customers are seeking a modern solution that makes life easier for security teams.
