Horizon3.ai hits $2 billion valuation in $250 million funding round

Horizon3.ai hits $2 billion valuation in $250 million funding round Horizon3.ai has announced a $250 million Series E at a valuation of more than $2 billion, tripling its valuation from $650 million at Series D in just over a year. The oversubscribed round was co-led by existing investors NightDragon and NEA, with participation from seven new investors and five returning backers. The capital underscores accelerating global demand for safe, autonomous security validation as AI-driven cyberattacks escalate. “We invented the concept of AI Hackers and spent six years earning the right to autonomously pentest the most critical and sensitive networks in the world — with no humans in the loop,” said Snehal Antani, CEO of Horizon3. “Our massive data moat, built on 310,000 tests safely executed in…