<ul><li>Cybersecurity startup Horizon3.ai aims to raise $100 million in a new funding round, having secured at least $73 million according to an SEC filing.</li><li>NEA leads the funding round, with Horizon3.ai potentially being valued at over $750 million. The startup is said to generate around $30 million in annual recurring revenue.</li><li>This marks NEA's second significant investment in a cybersecurity startup within a month, following a $108 million funding round for Veza.</li><li>Founded in 2019, Horizon3.ai is known for its AI-powered autonomous threat detection tools and recently received FedRAMP authorization to sell to federal agencies, reporting impressive revenue growth.</li></ul>

Security startup Horizon3.ai is raising $100M in new round

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