ZeroFOX Raises $40M in Financing
Summary
ZeroFOX, a Baltimore, MD-based social media and digital risk monitoring market platform provider, raised $40m in funding.In conjunction with the round, Alastair Cookson, Partner at Redline Capital Management, has joined ZeroFOX’ Board of Directors.The company, which has raised a total of $88m in funding to date, will use the capital for global expansion and continued product innovation.Led by James C. Foster, Chairman and CEO, ZeroFOX uses artificial intelligence and a patented enterprise-grade platform to protect organizations from targeted phishing attacks, social media account compromise, data exfiltration, brand hijacking and more.Its cloud-based, SaaS platform processes millions of posts and accounts daily across the social landscape, spanning Facebook, LinkedIn, Twitter, Instagram, YouTube and more.