Horizon3 raises $250 million in Series E funding, bringing total raised to $500M+. The round was led by existing investors and new strategic partners. The funds will accelerate product development and expand sales in enterprise markets. Infusion also enables Horizon3 to double its research and development budget, focusing on AI-driven threat detection and automated compliance tools. Additionally, Horizon3 intends to explore strategic acquisitions to broaden its market reach.
Meanwhile, Spur, a cloud security startup, secured $200 million from Insight Partners. The injection reflects growing demand for zero-trust networking solutions. Spur plans to use the capital to expand engineering teams and scale operations. Spur will expand engineering teams and integrate with major cloud platforms.
In a move, Okta announced acquisition of identity security platform Permiso Security. The deal enhances Okta’s portfolio with API security capabilities. Combined, these funding and M&A activities signal a robust investment climate for identity and security tech.
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