Ironscales Secures $6.5M in Series A Funding

Ironscales, a Tel Aviv, Israel-based automated phishing prevention, detection and response platform provider, secured a $6.5m Series A funding.

The round was led by K1 Investment Management, with participation from existing investor RDC.

The company will use the funds to accelerate its channel partner program, expand its global sales team and expedite research and development.

Led by Eyal Benishti, founder and CEO, Ironscales provides machine learning threat detection, incident response and intelligence sharing technologies. The company’s tech solutions enable 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.

The company will open its North American headquarters in Q1 2018. Its VP of Sales will be based in Atlanta, while 10-15 new jobs in marketing, business development and HR will be hired at its new office location. R&D will remain in Israel.



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