ZeroFOX offers a SaaS platform that provides visibility, detection and automated remediation for threats across social, mobile, surface, deep & dark web, email and collaboration platforms. Its AI capabilities include deepfake detection (Deepstar), scalable object detection, OCR for image-driven platforms, and business-email-compromise detection. The platform analyzes millions of content pieces per day and protects thousands of customers and hundreds of thousands of digital brands and accounts. ZeroFOX cites industry metrics (its 2019 Financial Services Digital Threat Report) showing large increases in digital threat activity and positions its technology to address scale and sophistication gaps left by legacy vendors. The company has integrated Intel® Xeon® Scalable Processors and the Intel Distribution of OpenVINO toolkit to accelerate detection and remediation. It plans to use new funding to accelerate global expansion, advance its AI roadmap, and strengthen its intellectual property. ZeroFox offers a platform designed to catch malicious links, prevent account takeovers, and stop social-media scams like coupon fraud. It sells primarily to security teams and CISOs, as well as risk and fraud groups, marketing teams that manage social accounts, and ISPs. Named customers include Rogers Communications and Comcast. The company operates on a subscription model, charging on a per-account basis starting at $20 per month. CEO James Foster has emphasized that social media is an information-sharing channel where users are more likely to "trust and click," creating a growing attack vector. The $40 million Series C was announced to help companies manage social-media risk. As part of the deal, Alastair Cookson of Redline Capital Management joined ZeroFox's board. ZeroFOX is a Baltimore, MD–based provider of social media security solutions offering a detection and defense platform that continuously monitors social platforms for cyber attacks, account compromise, fraud, information loss and social engineering campaigns. The company leverages its technology and security practices to protect organizations from next‑generation digital threats. James C. Foster serves as Chairman and CEO. ZeroFOX raised an additional $27M in funding to support its operations. The company plans to invest the proceeds into engineering, expand global sales and marketing efforts, increase M&A activity, and focus on intellectual property protection and defense. In conjunction with the round, Highland Capital general partner Corey Mulloy is joining the ZeroFOX board. ZeroFOX offers a cloud-based Social Risk Management platform that provides real-time risk management, threat intelligence, and security analytics to detect social-based cyber attacks, fraud, phishing, social engineering, and impersonations. The platform is aimed at enterprise and government customers to give visibility into an extended attack surface created by social media. The company emphasizes proactive mitigation of social-media–driven threats and plans to scale its presence with NEA’s support to become a global brand for Social Risk Management. ZeroFOX highlights industry recognition and awards, including multiple regional and industry honors. Financially, the company announced a $10.7M Series A and reported total funding of $13M over the prior 12 months, including a $450K non-dilutive incentive from the State of Maryland. ZeroFOX was founded in January 2013 and is based in Baltimore. Riskive offers a cloud-based Social Risk Management platform that leverages predictive analytics to identify, monitor and prevent social-media–based cyber threats. Its technology is deployed in beta and is designed to provide real-time protection for users, applications and social brand assets. The company targets government and enterprise customers and emphasizes preventing attacks before they occur. Riskive has assembled a team of more than 12 security experts who continue to enhance the proprietary platform. The leadership has signaled ongoing research and development of innovative defense technologies to keep ahead of emerging social threats. The company recently raised seed funding to support product development and deployment.

Total raised

$154M

Funding rounds

6

Latest round

Equity

Latest activity

Feb 2020