Horizon3.ai, the company behind the NodeZero® Autonomous Security Platform, has announced a major milestone in their mission to revolutionize the cybersecurity industry. The company has secured a $100 million Series D funding round, led by NEA, with participation from SignalFire, Craft Ventures, and 9Yards Capital. This new funding will be used to further strengthen Horizon3.ai’s leadership in autonomous cybersecurity.
As part of the investment, Lila Tretikov, Partner and Head of AI Strategy at NEA and former Deputy CTO of Microsoft, will join the Horizon3.ai Board of Directors. This significant investment demonstrates the confidence of industry leaders in the company’s innovative approach to cybersecurity.
Horizon3.ai’s NodeZero platform enables organizations and public institutions to conduct internal attacks on their own IT infrastructure in order to assess their cyber resilience. This process, known as penetration testing or pentesting, is crucial for organizations to identify vulnerabilities and improve their overall security posture. With NodeZero’s cloud-based model, the cost of regular pentesting is made more affordable and accessible for mid-sized companies.
Snehal Antani, CEO and Co-founder of Horizon3.ai, expressed his excitement and gratitude for the new funding. He stated, “This raise marks the next chapter in our mission to lead the Autonomous Security category.” Antani also highlighted the company’s impressive growth, with over 3,000 organizations using NodeZero globally and sustaining 100%+ year-over-year ARR growth.
NodeZero’s success and impact in the cybersecurity industry can be attributed to its use of cutting-edge technology, including reinforcement learning, graph reasoning, and AI. By simulating real cyber attacks and continuously collecting training data, NodeZero is able to constantly improve its algorithms and provide unparalleled insights for its users.
With this new funding, Horizon3.ai has outlined three strategic initiatives to accelerate their growth. These include scaling through partnerships, expanding into web application pentesting and vulnerability management, and targeting the federal market.
Aaron Jacobson, Partner at NEA, praised the company’s vision and execution, stating, “They are defining a new security category – autonomous security – and are already the go-to solution for red and blue teams alike.”
Lila Tretikov, Partner and Head of AI Strategy at NEA, also expressed her excitement for joining the Horizon3.ai Board of Directors and helping shape the company’s future.
In conclusion, Horizon3.ai’s NodeZero platform is transforming the cybersecurity landscape by introducing the concept of AI vs. AI in the fight against cyber threats. With this significant funding round and a strong roadmap for growth, the company is well-positioned to lead the next era of cybersecurity.
