The Parisbased SMBs 100M Series General Atlantic
The Parisbased SMBs 100M Series General Atlantic offers a great platform for businesses, both local and international. Its robust functionality is easy to manage and it can be used for a wide variety of tasks, including storing, sharing and distributing data. This solution is especially suitable for small to medium sized enterprises, as its flexibility allows you to deploy it in a wide variety of environments, from small offices to multinational headquarters.
In the Paris-based SMB market, cyberthreats are a top concern. One recent Russian-government-backed botnet attack on small businesses in Europe demonstrates the extent of the problem. It also explains why a company like ThreatLocker, which prevents malicious code execution, is gaining ground in this space.
ThreatLocker has recently secured a massive round of funding led by General Atlantic, an investment firm with an impressive track record. The company has now scored $100 million in Series C funding, and is aiming to hit a billion-dollar valuation by the end of this year. This is in addition to the more than 700 MSPs it has already added to its roster in the past year.
Another factor driving the continued growth of ThreatLocker is the company’s ability to add new MSPs at an accelerated pace. Juern Technology, a Paris-based MSP, has tripled sales since partnering with ThreatLocker three years ago. Using ThreatLocker, Juern has been able to turn the tables on ransomware criminals and keep its customers’ data safe.
A recent round of funding from General Atlantic, Elephant VC and Arthur Ventures has given a $100 million valuation to cybersecurity firm ThreatLocker. The company has developed a zero trust endpoint security solution that has already revolutionized the way MSPs protect their clients. Now, ThreatLocker is poised to expand its platform with new capabilities this year. With its latest investment, the company will accelerate its global expansion and hire top talent.
In addition to the funding, ThreatLocker is announcing 700 new MSPs joining its growing security services network. It is also beta testing its network access control features. This will make it easier for MSPs to manage client data. Additionally, ThreatLocker has released a new product designed to address the growing need for cloud-based network security. This is in addition to the launch of the Zero Trust solution that aims to protect users from malware, viruses, ransomware and more. As of April, a record-setting amount of MSPs have signed up with ThreatLocker.
Paris-based SMBS 100M series general atlantic cybersecurity software is a game changer for small to medium sized businesses (SMBs). With a robust suite of tools, it provides enterprise-level cybersecurity solutions to help SMBs stay one step ahead of threats. It also allows users to control their endpoint applications, privileged access management, and storage control. These features protect organizations against malware, ransomware, and other cyber attacks. Having a solution like this on your network can make all the difference between staying afloat and getting wiped out.
The company is backed by several prominent VCs, including GP Bullhound, Arthur Ventures, General Atlantic, and Elephant VC. The funds will enable the company to rapidly expand its presence. As a result, it is positioned to reach a $1 billion valuation. According to the latest data from the company, it is adding 700 new MSPs in April alone. While a record-breaking pace, the company is on track to hit its goal of achieving unicorn status.
Cybersecurity training for SMBs is becoming increasingly important. This is especially true in light of the recent Russian botnet attack that targeted SMBs, and the FBI’s preemptive strike against the malicious software. Several companies are helping small and medium businesses prepare for a cyberattack. These include cybersecurity experts and companies such as ThreatLocker, which recently raised $100 million in Series C funding led by General Atlantic. A security company that makes it easy for MSPs to protect their customers’ IT systems from ransomware, ThreatLocker is changing the way companies protect themselves. Its solution allows them to whitelist and ring fence their network and devices, without having to worry about putting the administrative burden on their MSPs.