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New Deal


Announced

Completed

Provident Growth Fund led a $20m Series B round in Horangi.

Synopsis

Provident Growth Fund, an investment fund, led a $20m Series B round in Horangi, a cybersecurity firm. Other participants in the funding round include existing investor Monk's Hill Ventures, Australian venture capital firm Right Click Capital, and venture debt fund Genesis Alternative Ventures. Horangi will utilize the fresh cash to boost its expansion plans in Southeast Asia, according to an official statement. The company will also enhance the capabilities of its cloud computing product Warden, as well as improve its artificial intelligence and machine learning tech capacities to counter cyber threats.

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