PhishLabs, a Charleston, SC-based provider of cybercrime management services to prevent and mitigate attacks, and protect the integrity of trust in online channels, completed a $1.2m Series A venture funding round.
Backers included Tony Prince, former chief executive officer of managed security services company LURHQ, which was acquired by SecureWorks in 2006, and an operating partner at Frontier Capital. He is also joining the PhishLabs Board of Directors.
The company intends to use the capital to accelerate sales and marketing initiatives and continue to develop its solutions.
Led by John LaCour, founder and chief executive officer, PhishLabs provides a comprehensive set of anti-phishing, anti-malware, and other ecrime management services that are designed to enable enterprises to reduce the number, size and impact of attacks. In addition, the company offers services that mitigate and prevent denial-of-service attacks, job scams, brand abuse, rogue mobile applications, etc.
Clients include large national and international banks, credit unions, ecommerce companies, service providers and social networking companies.