The round was led by Sapphire Ventures, with participation from existing investors Forgepoint Capital and JMI Equity. Sapphire Partner Casber Wang will join the Huntress board of directors, along with Operating Partner Mahau Ma as a board observer. As the security landscape grows increasingly complex with new tactics and technologies being used by threat actors, the new raise will help underserved SMBs take back control with Huntress' Managed Security Platform.

In 2015, a group of former NSA operators set out to show small and mid-size businesses (SMBs) how to protect themselves from threats to their businesses and assets. Since then, Huntress and its team of nearly 300, which includes talented threat operators and technologists, has emerged as the leading provider of cybersecurity solutions for SMBs, working with more than 4,000 partners and nearly 100,000 customers to protect more than 2 million endpoints.