ThreatX
The business, the turning points, and the decisions behind them.
Some sections are still being researched2 / 4
Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
ThreatX is a Denver, Colorado web application and API protection (WAAP) platform co-founded in 2014 by Bret Settle and Andrius Useckas, both formerly of BMC. Its cloud-native platform uses kill-chain-based behavioral profiling to identify and neutralize threats — web app attacks, API abuse, DDoS, bots and zero-days — with risk-based blocking that cuts the false positives of legacy WAFs, plus fully-managed Protection-as-a-Service. Customers have included Lenovo, BMC, Epsilon, Denver Health and Kroenke Sports. Led by CEO Gene Fay (appointed 2020), it raised $52M across rounds from Harbert Growth Partners, .406 Ventures, Vistara Growth, Grotech Ventures and Access Venture Partners.
02 / FAILURE REASONS
Material for this section is being gathered and checked. It will appear here once ready.
03 / EVENT HISTORY
Events in the structured record
- Founded
Bret Settle and Andrius Useckas co-found ThreatX in Denver after seeing, at BMC, the gap in protecting application portfolios.
- $30M Series B
ThreatX raises a $30M Series B led by Harbert Growth Partners (with Vistara Growth, .406 Ventures, Grotech, Access VP), bringing total funding to $52M.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
Material for this section is being gathered and checked. It will appear here once ready.