Threat X rakes in $8.2 million in Series A funding round
Threat X, a Denver-based firewall solutions company, has landed $8.2 million in venture capital funding, the company announced on Wednesday. Threat X provides a software-as-a-service web application firewall (WAF). Its cloud-based threat detection software is deployed on customers’ web applications, where it finds and eliminates threats. The company says its services are highly adaptable to evolving network landscapes, complicated by the mixture of hybrid cloud, web application and legacy environments, as well as APIs for the web, mobile and internet of things. “The attack surface is very broad,” CEO Brett Settle told CyberScoop. “You’ve got the internet and you’ve got exposure now to virtually anyone in the world that can access your applications. And yet more and more companies are putting more of their business applications either in the cloud or exposing those capabilities to the cloud.” In a crowded marketplace for WAF services, Settle says what makes Threat X unique its kill-chain based approach. In practice, […]
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