KO Client SOCRadar Raises $25.2M to Combat Multibillion-Dollar Cyber Security Threats
- KO Firm
- |
- May 30, 2024
KO client SOCRadar, a leading provider of enterprise-grade, end-to-end threat intelligence and brand protection, recently announced the successful completion of its $25.2M Series B funding round. The round was led by PeakSpan Capital with participation from Oxx.
In the press release, SOCRadar’s CEO Huzeyfe Onal said, “Our main mission is to provide proactive protection against external cyber threats for companies of all sizes. This investment will help us continue to expand in key geographies and further bolster our AI capabilities across our platform.”
The funding will primarily be used to expand in the United States, strengthen the company’s presence in the European Union, continue to penetrate the Managed Service Provider (MSP) and Managed Security Services Provider (MSSP) markets, invest in research and development, and continue to utilize artificial intelligence to enhance threat detection, response, and automated remediation capabilities.
KO partner Kevin Gibson, attorneys Ryan Sykora, Logan DeSouza, Brooke Eckert, and paralegal Krystal Rushton represented SOCRadar in the financing. Learn more in the press release.