Cybersecurity company Armorblox has closed its Series B round on $30m, as it looks to grow the size of its team.
The round was led by Next47, with contributions also coming from Polaris Partners and Unusual Ventures. Some of Armorblox’s existing backers also joined the round, including General Catalyst.
Armorblox has a goal of restoring and upholding trust in email communication by stopping targets, socially engineered attacks from compromising people’s data.
These funds will be used to support its go-to-market, engineering and data science teams and bolster its position in the market.
The Series B close comes after a strong year of growth for the company, with it now protecting more than 9,000 organisations.
Armorblox leverages natural language understanding technology to analyse thousands of signals and understand context of communications and protect people from illicit emails. Its platform can stop business email compromise and targeted phishing attacks, protect sensitive PII and PCI and automate remediation of user-reported email threats.
Armorblox co-founder and CEO DJ Sampath said, “Incumbent email security technology was not designed to protect against the targeted, socially engineered attacks plaguing organizations today.
“Relying solely on threat feeds, metadata, and other one-shot detection techniques will never be enough to stop emails specifically crafted to attack organizations and compromise their business workflows. This funding enables us to continue refining and scaling our approach to context-aware threat detection to protect the most attacked and most vulnerable security layer – the human layer.”
With the close of the round, the company has raised a total of $46.5m in funding.
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