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Agari

950 Tower Lane, Foster City, California, 94404, United States

Overview

Agari offers the Agari Email Trust Platform, a cloud-native suite that prevents ransomware, account takeover, phishing, business email compromise and other identity-deception attacks across inbound and outbound email. Its core AI, Agari Identity Intelligence™, performs 300 million model updates per day using data from trillions of emails and billions of inboxes to detect identity-based attacks. The company also develops domain authentication technology based on the DMARC standard and claims more than a 60% share of protected email sending domains worldwide, including six of the top 10 banks. Agari cites a broad enterprise customer base including Aetna, Informatica, Neustar, Air Canada, the U.S. Postal Service, Facebook, Microsoft and Google. Planned use of new capital includes rapid global expansion across Europe and Asia and strengthening channel and technology partnerships to accelerate growth and market share. The company emphasizes ongoing investment in product, data science, and go-to-market capabilities to deepen its market leadership. Agari provides the cloud-based Agari Email Trust Platform that stops targeted phishing by understanding the legitimate identity of email senders and detecting imposter emails. The platform leverages an incorporated analytics engine that ‘learns’ about email identities based on the relationship of the sender and recipient and a global fingerprint. Customers include large companies in financial services, e-commerce, healthcare, logistics and B2B services. Founded in 2009 and led by CEO Patrick Peterson, the company is based in San Mateo, CA. Agari raised $22m in a Series D and has raised $44.7m in total. It intends to use the new funds to accelerate development and deployment of its platform. Agari provides cloud-based SaaS, data-driven security solutions designed to eliminate email as a channel for cyberattacks and enable safe interactions for businesses and consumers. The company aggregates data from 2.5 billion mailboxes to help global brands eliminate email threats, protect customer personal data, and guard brand reputation. Agari serves large clients across Financial Services, E-Commerce, Healthcare, Logistics and B2B Services. Led by founder and CEO Patrick Peterson, the company intends to use new funds to grow operations. The product focuses on real-time detection and prevention of advanced email attacks for enterprises. Agari is headquartered in San Mateo, California. Agari operates a cloud-based Email Trust Network that collects terabytes of email data to assess, visualize, and protect against email threats such as phishing and fraudulent messages. Its platform processes and protects more than 2.3 billion messages daily and the network covers over two billion mailboxes worldwide, stopping over four million suspicious emails and detecting over 40,000 malicious URLs each day. Agari says it protects more than 65% of US consumer email traffic and counts global leaders in financial services, internet commerce, and social media as customers. The company is a founding member of the DMARC Organization and uses email authentication standards to enable receivers to reject unauthorized messages. In 2012 Agari reported 300% revenue growth and announced a $5 million strategic investment to support expansion. The firm has deep technical roots (founded by leaders behind Cisco’s IronPort) and added senior engineering and CTO hires to accelerate product development and wider adoption. Agari builds an Email Trust Fabric that assesses, visualizes, and protects against email threats to brands, including phishing and other fraud. Its technology, developed by former IronPort/Cisco employees, collects terabytes of data to distinguish legitimate online identities from malicious ones. The company partners with email providers and senders to make sense of the "wild west of email." Agari reports real-time processing of 1.5 billion messages daily and protects major brands in the Financial, E‑Commerce, and Social Media sectors across more than a billion consumer mailboxes. The startup plans to scale its cloud-based Email Trust Fabric to protect brand reputation, eliminate email threats, and prevent loss of sensitive data. Its product was slated for wide release later in November.

Total raised
$85M
Funding rounds
5
Latest round
Series E
Latest activity
Jun 2018

Industries

  • Artificial Intelligence (AI)
  • Cyber Security
  • Fraud Detection
  • Network Security
  • SaaS
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Recent funding

  1. Series E

    Jun 2018

    $40M

  2. Series D

    May 2016

    $22M

  3. Series C

    Sep 2014

    $15M

  4. Equity

    Feb 2013

    $5M

  5. Series A

    Nov 2011

    $3M

Team

  • Ramon Peypoch

    Chief Product Officer

    LinkedIn
  • Raymond Lim

    Chief Financial Officer

    LinkedIn
  • Michael Cichon

    VP Digital & Content Marketing

    LinkedIn
  • Scott Sanborn

    Manager, Engineering

    LinkedIn