According to Forbes, San Francisco-based cybersecurity firm Horizon3 completed a $250 million Series E round led jointly by NightDragon and NEA, achieving a valuation exceeding $2 billion—more than triple its valuation of approximately $650 million a year ago. The round was oversubscribed, with the company’s annual recurring revenue growing by 120% and its customer base surpassing 6,500, including the U.S. National Security Agency (NSA), the Cybersecurity and Infrastructure Security Agency (CISA), and four Fortune 10 companies.
Horizon3 Secures $250M in Series E Funding, Valuation Exceeds $2B
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Summary
Horizon3 closed a $250 million Series E funding round, led by NightDragon and NEA, pushing its valuation above $2 billion. The cybersecurity firm reported 120% year-over-year growth in annual recurring revenue and serves more than 6,500 clients, including the NSA, CISA, and four Fortune 10 companies. The funding underscores continued growth in the cybersecurity ecosystem amid rising demand for advanced protection.
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