Existing investors, Access Venture Partners and Grotech Ventures, also participated in the round, providing ThreatX with capital to continue strengthening its dominant position in the next-generation web application security market.

ThreatX's web application and API protection (WAAP) platform makes the world safer by protecting web applications and APIs from all threats, including DDoS attempts, BOT attacks, API abuse, exploitations of known vulnerabilities, and zero-day attacks. Its multi-layered detection capabilities accurately identify malicious actors and dynamically initiate appropriate action. ThreatX effectively and efficiently protects web applications and APIs for companies in every industry across the globe. For more information, visit: https://www.threatx.com/.