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Preempt Secures $17.5 Million in Series B Funding

Preempt Secures $17.5 Million in Series B Funding
Credit: preempt.com

Preempt, a company striving to revolutionize the way enterprises protect themselves from cybersecurity breaches and internal threats, raised $17.5 million in a Series B round supported by ClearSky, Blackstone, Intel Capital, and General Catalyst.

Preempt claims to be the first company to allow enterprises to preempt threats in real time based on identity, behavior, and risk. The adaptive nature of Preempt’s approach is designed to help enterprises stop real threats before impact and ensure all transactions are verified, so users’ businesses can remain fluid. According to the company, it scaled to support some of the largest, most complex organizations, and is used by Fortune 500 enterprise organizations in the finance, retail, healthcare, and legal industries.

The company plans to use the funding to expand operations, as well as accelerate product innovation and go-to-market strategy.