May 27, 2020

ZeroFox – $74 Million

Baltimore, MD.  ; 2/20/20

Amount Funded: $34 Million

Type: Venture

Lead Investor: Intel Capital

Participating Investor(s): New Enterprise Associates, Highland Capital Partners, Hercules Capital, Redline Capital Mgmt., Core Capital

Company Description: ZeroFOX, the global category leader in public attack surface protection, safeguards modern organizations from dynamic security risks across social, mobile, surface, deep and dark web, email and collaboration platforms. Using diverse data sources and artificial intelligence-based analysis, the ZeroFOX Platform identifies and remediates targeted phishing attacks, credential compromise, data exfiltration, brand hijacking, executive and location threats and more. The patented ZeroFOX SaaS technology processes and protects millions of posts, messages and accounts daily across the social and digital landscape, spanning LinkedIn, Facebook, Slack, Instagram, Pastebin, YouTube, mobile app stores, the deep & dark web, domains, email and more.

What funding will be used for:

Accelerate  global expansion and advance its artificial intelligence capabilities.

Quotes:

“ZeroFOX is dedicated to helping customers proactively address threats initiated by today’s cyber agitators that occur across a quickly growing publicly-accessible attack surface. This new class of threats is more difficult to identify and even tougher to remediate. The challenges of both volume and sophistication of these types of attacks are accelerating at a pace that the security industry has never seen before; entire businesses and industries are at risk due to the gaps in security coverage unaddressed by legacy security vendors.” 

-James C. Foster, CEO, ZeroFox

“ZeroFOX has established itself as the global leader in the public attack surface protection marketplace. The company’s best-in-class SaaS platform, AI capabilities and exceptional business profile are a testament to the unquestionable value it delivers to customers. We’re looking forward to collaborating with the company to accelerate its strategic expansion globally and its compelling technology roadmap.”

-Anthony Lin, VP, Sr. managing director, Intel Capital

Notes:

  1. ZeroFOX lists FirstCommand, Six Group, BAE Systems and Hootsuite among its partners. 

Data provided by respective company (unless otherwise noted) and researched by StartupsOne for accuracy.

 

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