ThreatLocker

ThreatLocker offers a zero-trust approach to endpoint protection that allows organizations to monitor and control applications running on their endpoint devices in real-time. By running only whitelisted apps and placing restrictions on unauthorized applications, ThreatLocker aims to protect enterprise endpoints from ransomware and other types of malware while also protecting against remote access attacks and data theft.

ThreatLocker acquired the cybersecurity plugin provider, Third Wall for an undisclosed amount. Third Wall provides an automated lockdown cybersecurity plug-in for ConnectWise Automate software which is designed for Managed Service Providers (MSPs). Third Wall’s software plug-in was integrated with ThreatLocker’s existing security solutions to automate the deployment of 58 lockdown policies to mitigate vulnerabilities and threats such as ransomware. This enables MSPs to harden the security of their Windows operating systems, ensure that end-users comply with privacy regulations such as the GDPR and HIPAA, and help them to strengthen their security posture. It also enabled integration with other Remote Monitoring Management (RMM) platforms such as ConnectWise, Kaseya, Atera, and more.

Key customers and partnerships

ThreatLocker reported that 30% of MSPs deployed the product after its web demo and 80% implemented it after conducting internal trials on the product. It expected to add 700 new managed service providers (MSPs) in April 2022, and 3,000 more MSPs by 2022.

As of April 2022, the company counted thousands of partners and served over 23,000 organizations that include major healthcare institutions, banks, and airlines.

Funding and financials

In April 2022, ThreatLocker raised USD 100 million in a Series C funding round led by General Atlantic. The funds were expected to be utilized to accelerate product innovation, hire 300 employees by 2022, expand its Central Florida office footprint from 24,000 sq.ft to 41,000 sq.ft by April 2022, and fuel global expansion.

In 2021, ThreatLocker quadrupled its revenue and employee base to a headcount of 140. The company expected to reach unicorn valuation in 2022 after its valuation increased by 500% and business growth rose by 540% in 2021.