11/14/2023 0 Comments Ken fox stripes groupWe have well-measured aggressive plans.”Īmong the rivals of the Israeli company is U.S. It is very important to me to realize our next goal in building the company, but I don’t want to burn all the money and want to make sure we come through the financial winter in the best way possible. “I don’t want to recruit more employees at any cost. “The money that we raised allows us to plan 2-3 years ahead and think about what we want to build and the kinds of people we want to hire,” said May. “We are thinking about doing secondary deals for the employees but it needs to be done the right way,” explained May. May said Hunters has yet to reach Unicorn status and that all the funds from the Series C will enter the company’s account. “Our valuation has increased significantly, but hasn’t reached highs we won’t be able to meet." The issue of raising money for a rainy day was discussed with investors, with a big portion of the funding from our strategic investors coming mainly over the past month,” said May. If I don’t believe that I can grow I’d rather fail. “I tried to neutralize the rumors about the coming difficult times. Hunters CEO Uri May admitted to Calcalist that part of the rationale behind the new round was the understanding that it could soon be more difficult to raise funds. The new funding brings the total investment in Hunters to $118 million. Venture Partners, Blumberg Capital, and Snowflake Ventures. The Series C was led by growth equity firm Stripes, with participation from new investors DTCP, Cisco Investments and Databricks, and existing investors YL Ventures, Bessemer Venture Partners, Microsoft’s venture fund M12, U.S. Israeli cybersecurity startup Hunters announced on Tuesday a $68 million Series C round, just five months after raising a $30 million Series B.
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