San Francisco-based Horizon3.ai, which provides ethical hacking employment services, raised $250 million in late-stage funding. Anthropic's Mythos and other cutting-edge artificial intelligence models have greatly increased the power of cyber attacks, triggering a wave of concern in the business community, and the company hopes to use this momentum to grow. The Series E financing, which is due to be announced on Monday, raised the market valuation of the seven-year-old startup from 650 million US dollars about a year ago to more than 2 billion US dollars. This round of financing was co-led by Nightdragon and NEA. Both institutions have participated in early financing, in addition to more than 10 new and old investors. Horizon3 co-founder and CEO Nehal Antani said the latest capital injection will drive the company's continued expansion into the global market. In June of this year, the company established its European headquarters in Amsterdam. He said the company also plans to increase spending on sales, marketing and research and development.

San Francisco-based Horizon3.ai, which provides ethical hacking employment services, raised $250 million in late-stage funding. Anthropic's Mythos and other cutting-edge artificial intelligence models have greatly increased the power of cyber attacks, triggering a wave of concern in the business community, and the company hopes to use this momentum to grow. The Series E financing, which is due to be announced on Monday, raised the market valuation of the seven-year-old startup from 650 million US dollars about a year ago to more than 2 billion US dollars. This round of financing was co-led by Nightdragon and NEA. Both institutions have participated in early financing, in addition to more than 10 new and old investors. Horizon3 co-founder and CEO Nehal Antani said the latest capital injection will drive the company's continued expansion into the global market. In June of this year, the company established its European headquarters in Amsterdam. He said the company also plans to increase spending on sales, marketing and research and development.