ZeroFOX, a Baltimore, Maryland-based social risk management company, secured $10.7m in Series A funding.
The round, which was led by New Enterprise Associates (NEA), also included a $450K non-dilutive incentive from the State of Maryland. Also participating were existing investors Genacast Ventures (a fund in partnership with Comcast Ventures), Core Capital and security industry veterans Enrique Salem (Board Member at FireEye and former CEO of Symantec), Dean Drako (Founder and CEO of Eagle Eye Networks and founder, BOD and former CEO of Barracuda Networks), Michael Fey (General Manager and WW CTO at McAfee), John M. Jack (Former CEO of Fortify and currently a Board Partner at Andreessen Horowitz), Ken Levine (CEO of Verdasys and former CEO of Nitro Security), and Todd Headley (former CFO of SourceFire), among others.
The company will use the funds to contine to expand operations.
Led by James C. Foster, CEO, and Evan Blair, COO, ZeroFOX provides organizations with a cloud-based real-time risk management, threat intelligence and security analytics platform to identify, manage, and mitigate the information security risks associated with employee and corporate social media usage (from targeted social-based cyber attacks to fraud, phishing, social engineering and impersonations).