Spikerz, a cybersecurity company focused on protecting businesses and individuals from social media threats, has raised $7m in funding.
The investment round was led by Disruptive AI, with contributions from Horizon Capital, Wix Ventures, Storytime Capital, and BDMI, according to a report from New York Tech.
The company provides an AI-driven security platform designed to tackle the growing threats associated with social media usage. Spikerz’s technology offers protection against phishing attacks, impersonation attempts, bot infiltration, and shadowbanning, helping users safeguard their accounts and maintain their digital presence.
With the newly secured funds, Spikerz plans to advance its technological capabilities and expand its market presence in the rapidly evolving social media security sector. The investment will support further product development and strategic partnerships to address the increasing demand for robust cybersecurity solutions.
Eitan Israeli, head of Wix Ventures, said, “We’re excited about the innovative solution this team has developed to address a pressing need in the market. The solution is positioned to benefit both large enterprises like Wix and the SMBs that make up a significant portion of our users. Backed by a very talented and driven team, we’re confident this investment will drive meaningful value across the industry.”
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