Cybersecurity company Horizon3 completes $250 million Series E funding round, valuation exceeds $2 billion

According to Forbes, San Francisco-based cybersecurity company Horizon3 completed a $250 million Series E funding round co-led by NightDragon and NEA, valued at over $2 billion, representing more than a threefold increase from its valuation of approximately $650 million a year ago. The funding round was oversubscribed, with the company's annual recurring revenue growth reaching 120% and customer count exceeding 6,500, including the National Security Agency (NSA), the Cybersecurity and Infrastructure Security Agency (CISA), and four Fortune 10 companies.