Highlights:

  • ai serves a diverse clientele encompassing 50 industries in 25 countries. This clientele includes manufacturing, healthcare, financial services, education, and local government sectors.

Horizon3.ai Inc., an autonomous security solutions startup, announced raising USD 40 million in funding to expand its proactive security platform and enhance channel and partner presence.

Horizon3.ai was established in 2019 by Snehal Antani, former Splunk Inc. Chief Technology Officer, alongside Anthony Pillitiere, former Deputy CTO of the U.S. Special Operations Command. It specializes in automated penetration testing to enable companies in perceiving their systems from an attacker’s perspective. Penetration testing, often abbreviated as pentesting, involves emulating cyberattacks on systems, networks, or applications to pinpoint vulnerabilities before malicious hackers can capitalize on them.

The company’s core mission is to enable organizations to perceive their networks from the attacker’s perspective. This proactive approach aids in addressing critical issues, enhancing the efficacy of their security endeavors, and ensuring readiness to counter actual cyber-attacks.

Horizon3.ai’s comprehensive NodeZero solution operates entirely through automation. It evaluates the attack surface of a hybrid cloud encompassing cloud-native, on-premises, edge, and Internet of Things environments. Importantly, this solution doesn’t necessitate the installation of agents or the creation and upkeep of attack scripts. This solution adeptly uncovers and profiles an attack surface, pinpointing potentially exploitable vulnerabilities, misconfigurations, harvested credentials, and dangerous product defaults. It proficiently identifies how these elements can be interconnected to enable a compromise potentially.

Bob Cariddi, the Chief Revenue Officer at Horizon3.ai, stated, “Every major change to a company’s environment — applying a patch, deploying new applications, or onboarding new employees — means their attack surface has changed. The pentesting frequency should match this change frequency so that for every ‘Patch Tuesday,’ there’s a ‘Pentest Wednesday.’ This continuous assessment approach needs to become second nature – automated in the same fashion as other business processes.”

The company has experienced robust growth in recent periods, evidenced by a threefold customer increase year-over-year. However, specific details were not disclosed. Horizon3.ai serves a diverse clientele encompassing 50 industries in 25 countries. This clientele includes manufacturing, healthcare, financial services, education, and local government sectors.

Craft Ventures LLC took the helm in leading the Series C funding round, accompanied by participation from Signal Fire LLC. This latest funding brings Horizon3.ai’s cumulative raised capital to USD 78.5 million.