Flare Secures $30 Million to Redefine Cyber Threat Intelligence
Flare, the torchbearer of Threat Exposure Management (TEM), has announced a dazzling $30 million Series B funding round led by Base10 Partners, with support from Inovia Capital, White Star Capital, and Fonds de solidarité FTQ.
With a performance record that includes triple-digit year-over-year growth through both 2023 and 2024, Flare appears unstoppable in its mission to outpace cyber threats.
This cash injection isn't just for show—Flare is channeling its newfound resources into an ambitious European expansion while bolstering its already robust presence in North America.
The company’s solutions have become a cornerstone for clients looking to navigate the murky waters of cybersecurity.
Kevin Johnson, CEO of Secure Ideas, couldn’t have put it better: “What sets Flare apart is their superior data collection capabilities—providing us with actionable intelligence on attacker-used credentials and target systems that directly informs our testing. The platform integrates seamlessly into our business model, allowing us to deliver more realistic and valuable assessments to our clients.” Johnson’s praise underscores the real-world impact of Flare’s tools, making competitors scramble for relevance.
Not content with just scaling operations, Flare is also pushing the boundaries of innovation. The company has harnessed the power of advanced language models and cutting-edge data science to analyze one of the world’s most sophisticated cybercrime datasets.
Jason Kong, Partner at Base10 Partners, shared his confidence in the company's trajectory:
“Norman and team have taken a unique approach to threat exposure management that raises the bar in cyber intelligence, empowering security teams to stay ahead in an increasingly complex landscape.”
The word “unique” might be overused these days, but in Flare’s case, it genuinely fits.
Perhaps the crown jewel of Flare’s recent advancements is its Threat Flow module, launched in August 2024.
Leveraging generative AI, the module delivers dark web insights with remarkable accuracy—validated at 98%, no less.
It’s not every day you hear “dark web” and “trustworthy” in the same sentence, but Flare has made it happen.
Richard Stiennon, a well-regarded cybersecurity analyst and former Gartner VP, weighed in on the broader implications:
“With this investment round, Flare is well-positioned to enhance its exposure data collection capabilities and advance the application of generative AI in threat intelligence use cases.”
For those keeping score, Flare’s trajectory doesn’t just reflect innovation but a tangible commitment to solving real-world problems.
It’s a fitting match for Base10 Partners, whose portfolio includes a who’s-who of impactful companies like Notion, Stripe, and Figma.
If history is any indicator, this partnership could drive Flare to even greater heights.
The takeaway?
Flare isn’t just responding to cybersecurity challenges—it’s anticipating them.
With the latest funding fueling its ambitious plans, this is a company to watch, not just for its clients but for anyone invested in the future of cyber resilience.
