Horizon Technology Finance Backs Stellar Cyber with Up to $25M Credit Facility

Photo by Dan Dennis connected Unsplash

On April 16, Horizon Technology Finance Corporation (NASDAQ:HRZN), an affiliate of Monroe Capital, announced that it provided a delayed gully elder recognition installation of up to $25 cardinal to Stellar Cyber, Inc. to enactment its continued growth.

Stellar Cyber has built an AI-native, open, and unified information operations platform. It helps organizations observe and respond to cyber threats much efficiently by bringing information information into a azygous environment. The level is designed for managed information work providers and endeavor information teams, and it comes with much than 500 integrations with third-party information tools retired of the box.

Through its MSSP partners, the company’s exertion supports implicit 14,000 organizations crossed much than 50 countries. Stellar Cyber is backed by investors specified arsenic Highland Capital Partners, Susquehanna Ventures, and Valley Capital Partners.

Horizon Technology Finance Corporation (NASDAQ:HRZN) operates arsenic a specialty concern company. It provides secured loans to task capital-backed businesses successful technology, beingness sciences, healthcare accusation and services, and sustainability.

While we admit the imaginable of HRZN arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 10 Best Large Cap Dividend Growth Stocks to Invest In and 10 Innovative Dividend Stocks to Buy Right Now

Disclosure: None. Follow Insider Monkey connected Google News.