ThreatConnect, the Arlington-based developer of an intelligence-driven security operations platform, said on Tuesday it has landed a new investment from Providence Strategic Growth (PSG), the growth equity affiliate of Providence Equity Partners. Financial terms of the deal were not disclosed. The company said it will use the proceeds to accelerate its go-to-market strategy, further develop its platform and expand its roster of customers and partners. It also plans to increase its staff by more than 50% over the next 12 months. ThreatConnect originally launched its platform in 2014, and has since grown to serve more than 1,600 organizations. PSG is the company’s sole institutional investor.
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