Threat hunting cybersecurity startup Hunters today announced that it has raised $30 million in new funding to increase its headcount, drive innovation, enhance customer satisfaction, increase market reach and support partner expansion.

Bessemer Venture Partners led the Series B round into the company, incorporated as Cyber Hunters Ltd. Other investors included YL Ventures, Blumberg Capital, Microsoft’s Venture Fund M12 and U.S. Venture Partners.

Founded in 2018, Hunters offers an autonomous threat hunting solution to detect cyberattacks that bypass existing controls in information technology environments. The company’s platform extends threat detection and response to every attack surface, a capability known as XDR.

Hunters’ platform processes rich security telemetry and intelligence from across the enterprise, including cloud and network. In doing so, the service enriches threat signals with unique tactics, techniques and procedure-based threat intelligence. Using machine learning and cloud-based analytics, the service correlates theat patterns to provide “high fidelity attack stores” for cybersecurity team response.

The service integrates with various services across cloud, endpoint security, network services and email providers. Notable integrations include Microsoft Corp. Active Directory, Azure and Office 365, Amazon Web Services Inc., Cisco Systems Inc. including Security Endpoint, Meraki and Umbrella, CloudFlare Inc., Google LLC Cloud Platform and Workspace, Palo Alto Networks Inc. and Slack Inc., among others.

Hunters note that companies targeted by security threats select its XDR service for its proven ability to accelerate threat detection, investigation and incident response. Customers include Fortune 1000 companies in financial services, technology, retail, manufacturing and media industries.

“Traditional security tools like SIEM have not fulfilled the need to clearly and rapidly identify and investigate threats at the scale of cloud data, leaving a crucial gap in supporting security analysts,” Uri May, co-founder and chief executive officer of Hunters, said in a statement. “XDR offers a new technology approach with a turn-key solution that stitches security events from across the entire security stack into contextualized and prioritized incidents. This maximizes the value security teams are getting from their current stack and enables them to see real incidents and rapidly respond.”

Including the new funding, Hunters has raised $50.4 million to date. Previous investors include Okta Ventures and Snowflake.

Image: Hunters

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