Cybersecurity startup Horizon3 reaches 2 billion dollar valuation after new funding

The short version

• Horizon3 attained a valuation exceeding $2 billion after closing a $250 million funding round co-led by NightDragon and NEA.[Business Insider]
• Founded in 2019 by Snehal Antani and Anthony Pillitiere, the company currently operates with 550 employees and serves around 7,000 global customers.[Business Insider]
• CEO Snehal Antani previously drew $1 million from personal credit to navigate payroll risks when Silicon Valley Bank collapsed holding all company funds.[Business Insider]

Key facts

• Horizon3 attained a valuation above $2 billion following a $250 million investment round co-led by NightDragon and NEA.[Business Insider]
• The company was established in 2019 by Snehal Antani and Air Force veteran Anthony Pillitiere.[Business Insider]
• Horizon3 currently has approximately 7,000 customers worldwide and a workforce of 550 employees.[Business Insider]
• During the collapse of Silicon Valley Bank, Antani reported drawing $1 million from a personal credit line to prevent severe payroll penalties.[Business Insider]

Sources

Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.

• He waited nearly 20 years to start a company. Now he's the cofounder of a double unicorn.Business Insider metered