IRONSCALES offers a cloud-native, API-based, self-learning email security platform that continuously detects and remediates advanced threats such as business email compromise, credential harvesting, and account takeover. The platform reduces identification of suspicious mail to seconds at scale and includes phishing simulation and training modules to educate employees and bolster resiliency. Its solution is fast to deploy and easy to manage, aimed at improving organizational defenses against sophisticated phishing attacks. The company serves over 5,000 organizations globally across industries. Founded in Tel Aviv in 2014 and headquartered in Atlanta, IRONSCALES plans to use new funding to expand its international footprint and further develop its platform capabilities. The article cites strong market demand, noting the email security market is expected to grow to roughly $9.4 billion by 2027. Ironscales provides an AI-driven, self-learning email security platform designed to stop phishing attacks via the company’s decentralized threat protection network. The platform serves security professionals and end users and has seen recent platform updates and new tools rolled out to customers and partners. The company plans to use the new funding to further accelerate market expansion and continue research and development of its email security platform. In 2020 Ironscales scaled its North American sales and marketing teams and expanded into new territories. Leadership includes founder and CEO Eyal Benishti; Matthew McNulty joined as SVP of Worldwide Sales. The company is based in Ramat Gan, Israel and continues to expand its go-to-market efforts. Ironscales offers an automated AI-driven platform for phishing prevention, detection, response, and user/security-team remediation workflows. The product gives end users and security professionals tools to hunt, log, alert, analyze, and remediate phishing attacks. The company serves nearly 1,000 customers across financial services, healthcare, retail, education and other industries. Its channel program includes more than 50 partners spanning resellers, distributors, MSPs and MSSPs. Ironscales employs staff in Tel Aviv, across Europe and at its North American headquarters in Atlanta and plans to more than double its headcount in the coming months. The company intends to continue investing in research and development of its AI-driven platform while scaling North American sales and marketing. Ironscales provides machine‑learning threat detection, automated incident response and intelligence‑sharing technologies to mitigate risks from phishing attacks. Its multi‑layered platform combines micro‑learning phishing simulation and awareness training (IronSchool), mailbox‑level phishing detection (IronSights), automated incident response (IronTraps) and real‑time actionable intelligence sharing (Federation). The company secured funding to accelerate its channel partner program, expand its global sales team and expedite research and development. Ironscales plans to open a North American headquarters in Q1 2018, with its VP of Sales based in Atlanta. The company expects to hire 10–15 new staff in marketing, business development and HR at the new office while R&D will remain in Israel. The business is led by founder and CEO Eyal Benishti. IronScales builds an employee-based intrusion prevention system that combines crowd-wisdom phishing mitigation with automated response capabilities. Its product pairs gamified, interactive phishing training with real-time detection and a patent-pending automatic mitigation module called IronTraps that triggers Phishing Forensics and enterprise-wide responses. The solution is in use by dozens of customers in the financial sector, as well as security and telecom companies, and provides ongoing reporting while interfacing with existing monitoring and prevention tools. IronScales says the system reduces employee click rates on malicious emails and helps mitigate actual phishing attacks. The company was founded in 2013 and is based in Ra'anana, Israel, and its team includes security researchers, penetration testers and interactive-training experts from the 8200 EISP incubator. IronScales will use the seed proceeds to continue product development and expand operations in Europe and the U.S.

Total raised

$95M

Funding rounds

5

Latest round

Series C

Latest activity

Dec 2021