Cybersecurity email threats, especially those known as spear phishing attacks, are on the rise. These attacks most often use spoof emails that are designed to trick users into divulging sensitive information such as usernames and passwords. Recently, phishing has been linked to high profile data breaches, including the release of sensitive emails from Democratic National Committee members in the lead up to the 2016 US presidential election.
As phishing schemes become more common, startups are offering cybersecurity products and services to counter these and other email-based attacks. Solutions range from email filtering software, to cyber defense training for employees, and more.
Using CB Insights database we identified 10 email security startups to watch. The companies range from early-stage startups (Seed – Series A) to established companies (Series B+). We selected these companies based on their Mosaic score, CB Insights’ algorithm that uses financial and non-financial signals to predict private company health. For more information on CB Insights’ Mosaic scoring tool read this.
The companies on our list all obtained funding since 2016, and have raised at least $1M.
1. Ionic Security
Ionic Security provides a data protection and control platform for structured, semi-structured, and unstructured data in emails, as well as protection for data in documents, applications, data repositories, and machine data.
Total Disclosed Funding: $122.5M
Latest Investment Round: $45M Series D
Select Investors: Amazon, Goldman Sachs, ff Venture Capital
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GreatHorn offers security for cloud-based communication systems, helping to detect and stop spear phishing and credential theft attacks in real time.
Total Disclosed Funding: $2.37M
Latest Investment Round: $2.25M Seed VC
Select Investors: Techstars, Soft Tech VC, RRE Ventures
IronScales is a security assessment and training platform, built for reducing the risk of infiltration associated with spear phishing.
Total Disclosed Funding: $1.5M
Latest Investment Round: $1.5M Seed VC
Select Investors: RDSeed, 8200 EISP
MailControl provides a SaaS-based enterprise class email security platform that detects and deactivates hidden tracking codes in email messages.
Total Disclosed Funding: $1M
Latest Investment Round: $1M Seed VC
Select Investors: Guild Capital
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