FOR IMMEDIATE RELEASE
Funding supports continued growth and product advancement as Gradient Cyber scales to meet surging demand for 24/7 Managed Extended Detection and Response (MXDR) services
DALLAS, TX – April 25, 2025 – Gradient Cyber, a leading provider of Managed Extended Detection and Response (MXDR) services for mid-market organizations, today announced it has secured a Series A investment from First Analysis, a growth equity firm with a deep history and expertise in cybersecurity and enterprise technology.
The funding will support continued product innovation, platform enhancements, and service expansion as Gradient Cyber scales its operations to meet the evolving security needs of its growing customer base. As part of the investment, Howard Smith, Managing Director at First Analysis, has joined Gradient Cyber’s board of directors.
“This investment marks a pivotal moment in our growth trajectory,” said James Hamilton, CEO of Gradient Cyber. “Our focus on mid-sized companies often facing the same cyber threats as large enterprises with a fraction of the resources. With First Analysis as a strategic partner, we’re doubling down on delivering the most effective, scalable, and transparent MXDR services in the market—built on real telemetry, real humans, and real results.”
Gradient Cyber’s proprietary XDR platform powers its always-on security operations through a global network of in-house cyber analysts. The platform leverages AI-driven telemetry analysis combined with human-led investigation and response. This unique approach enables near real-time threat detection and mitigation across network, endpoint, cloud, SaaS, and business application environments.
“We’re thrilled to partner with this experienced Gradient Cyber team as they continue to redefine how mid-size enterprises manage their cyber risk,” said Howard Smith, Managing Director at First Analysis. “Gradient Cyber's commitment to the mid-market and a channel-first strategy provides a strong path to scale and was evident from our very first meeting.”
Gradient Cyber is a fast-growing Managed Extended Detection and Response (MXDR) provider serving the U.S. mid-market – an underserved segment of over 300,000 organizations. Our proprietary XDR platform, data source flexibility, 24/7 SOC, high-context Situation Reports (SitReps) and industry-leading cyber analyst to customer ratio combine to deliver excellent value for resource, expertise and budget-constrained organizations. With proven traction across 35+ market verticals, Gradient Cyber is well positioned to scale even as cybersecurity becomes increasingly complex and talent constrained. Learn more at www.gradientcyber.com.
First Analysis is a leading venture capital investor focused on B2B technology businesses. We have one of the longest records in venture capital, having invested over $845 million across multiple highly diversified funds over four decades. First Analysis invests mainly in North America with a focus on our sectors of expertise, including cybersecurity, e-commerce optimization, enterprise productivity, future of work, go-to-market tech, healthcare IT, infrastructure tech, Internet of Things, learning tech, pharma IT and vertical SaaS. We help established companies become profitable leaders in large markets, funding growth plans and working closely with management in areas including strategy, recruitment, sales and marketing, and corporate development. Our flexible approach targets investing $3-10 million as lead investor or as a syndicate partner bringing valuable perspective. For more information, visit www.firstanalysis.com.
Media Contacts:
Caitlin MacDonald
Director of Marketing
Gradient Cyber
cmacdonald@gradientcyber.com
David Leshuk
Managing Director
First Analysis
dleshuk@firstanalysis.com