Two Hat Security
Canada
Valuation · 2015
$10M
2021 Revenue
$5.5M
Funding
$10.7M
Team
66
Founded
2012
Two Hat Security Revenue, Valuation & Funding (2021)
Two Hat Security generated $5.5M in revenue in 2021.
Provider of a risk-based chat filter and moderation software designed to offer protection from online bullying, harassment and child exploitation. The company's high-risk content detection system and moderation tool for social products, uses artificial intelligence to identify and handle threatening UGC like bullying, harassment and hate speech in real time, enabling users to block and allow content based on tolerance level.
Last updated
Two Hat Security Revenue
In 2021, Two Hat Security's revenue reached $5.5M.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Two Hat Security Hit $5.5m revenue in April 2021 | Not recorded |
| 2012 | Launched with $0 revenue |
Two Hat Security Valuation, Funding Rounds
Two Hat Security reached a $10M valuation in 2015, set during its Seed round.
Two Hat Security has raised $10.7M in total funding across 5 rounds, most recently a $7.5M Series A round in 2019.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2019 | Series A | $7.5M | - | - | Not recorded |
| 2016 | Seed | $1.6M | - | - | Not recorded |
| 2015 | Seed | $750K | $10M | 8% | Not recorded |
| 2015 | Seed | $601.8K | $7.7M | 8% | Not recorded |
| 2013 | Seed | $200.6K | $4.7M | 4% | Not recorded |
Founder / CEO
Steve Parkis
CEO
Former Disney Online SVP Steve Parkis has been named CEO of Two Hat Security. The former Zynga executive had been President and serves as Board member. Parkis had leadership responsibilities on Disney and Pixar franchises, notably Toontown Online, Disney’s Pirates of the Caribbean, Cars and Club Penguin. At Zynga, he managed Farmville and Cityville. Steve Parkis has his MBA from Kellogg at Northwestern and graduated from Michigan State. Steve, his wife and three sons live in Winter Park.
Two Hat Security Employees & Team Size
Two Hat Security employs approximately 66 people as of 2026, including 6 sales reps that carry a quota. It serves 300M customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Reached 66 employees (April 2021) | Not recorded |
Frequently Asked Questions about Two Hat Security
Who owns Two Hat Security?
Two Hat Security is owned by Microsoft, which acquired it.
What is Two Hat Security's revenue?
As of 2021, Two Hat Security generated $5.5M in revenue.
Who founded Two Hat Security?
Two Hat Security was founded by Steve Parkis.
When was Two Hat Security founded?
Two Hat Security was founded in 2012.
How much funding does Two Hat Security have?
Two Hat Security raised $10.7M across 5 rounds.
How many employees does Two Hat Security have?
As of 2021, Two Hat Security had 66 employees.
Where is Two Hat Security headquartered?
Two Hat Security is headquartered in Canada.
Compare Two Hat Security to the industry
Two Hat Security operates across multiple industries. Browse revenue, funding, and growth data for Two Hat Security in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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