Agari, a San Mateo, CA-based cybersecurity company, raised $22m in Series D funding.
The round was led by Norwest Venture Partners with participation from existing investors, which include Alloy Ventures, Battery Ventures, First Round Capital, Greylock Partners, and Scale Venture Partners.
The company, which has raised $44.7m in total, intends to use the funds to accelerate development and deployment of its platform.
Founded in 2009 by Patrick Peterson, CEO, Agari provides the cloud-based “Agari Email Trust Platform™”, a solution that stops targeted phishing attacks by understanding the legitimate identity of email senders and detecting imposter emails. It leverages an incorporated analytics engine that ‘learns’ about email identities based on the relationship of the sender and recipient and the global fingerprint, and applies this knowledge to stop phishing attacks protecting enterprises and their customers from email-based data breaches, financial theft, malware delivery, credential theft and ransomware.
Customers include large companies in financial services, e-commerce, healthcare, logistics and B2B services.