IRONSCALES Secures $6.5 Million to Automate Email Phishing Threat Detection, Incident Response and Intelligence Sharing

IRONSCALES’ unique approach to phishing detection and remediation particularly resonated with the K1 team…We are excited to be a long-term capital partner for Eyal and the IRONSCALES team. – Hasan Askari, Managing Partner of K1

IRONSCALES, the world’s first automated phishing prevention, detection and response provider, today announced that it has secured a $6.5 million Series A, led by K1 Investment Management, LLC, with participation from existing investor RDC. On the cusp of its third consecutive year of triple digit revenue growth, IRONSCALES will use the capital investment to accelerate its channel partner program, expand its global sales team and expedite research and development for its machine learning threat detection, incident response and intelligence sharing technologies. IRONSCALES, which was recently featured by Momentum Partners as one of the top 10 cybersecurity companies to watch in Q3 2017, has now raised more than $8 million since 2015.

IRONSCALES enables organizations to mitigate the risk associated with the technological, operational and human challenges inherent to phishing attacks. Its multi-layered and automated approach to prevent, detect and respond to phishing emails combines micro-learning phishing simulation and awareness training (IronSchool), with mailbox-level phishing detection (IronSights), automated incident response (IronTraps) and real-time automated actionable intelligence sharing (Federation) technologies. By providing protection at every stage of an email phishing attack, IRONSCALES’ customers reduce false positives and the time from email phishing attack discovery to enterprise-wide remediation from days, weeks or months to just seconds, with little to no security team involvement.

​​​​​“IRONSCALES’ unique approach to phishing detection and remediation particularly resonated with the K1 team, and we looking forward to leveraging our previous experience in partnering with growing security companies as the company strengthens its position within a rapidly evolving market,” said Hasan Askari, Managing Partner of K1. “We are excited at the opportunity to be a long-term capital partner for Eyal and the IRONSCALES team.”

UNDERSTANDING THE EMAIL PHISHING…

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