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Security startup Horizon3.ai is raising $100M in new round


Horizon3.ai is raising a $100M round led by NEA at a valuation of upwards of $750M, according to a filing and sources.

One person said that the startup is believed to be valued upward of $750 million, although TechCrunch couldn’t verify whether that valuation is pre- or post-money. That round brought the startup’s total fundraising to $78.5 million and was aimed to expand its R&D, channel presence, and team of engineers, co-founder CEO Snehal Antani told TechCrunch at the time. Before launching the startup, Antani served as CTO at Splunk and led teams within the U.S. Military’s Joint Special Operations Command.

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