BrandShield Overview
BrandShield is a brand-oriented digital risk protection company established to revolutionize the way companies protect their digital assets outside their security perimeter. The company specializes in the monitoring, detection, and removal of digital threats such as phishing attempts, executive impersonation, counterfeit products, trademark infringements, and more. By utilizing proprietary artificial intelligence and big-data-based technology, BrandShield’s solution automatically analyzes potential risks based on content, web metrics, and many other data points.
Cumulative Funding Raised Over Time ($)
Latest News
growth-positive
New 'Digital Risk Protection' Report from BrandShield Reveals Companies Lose $2.1M on Average to Each Online Attack
BrandShield, a global digital risk protection leader, has released its Digital Risk Protection Report, which surveyed 200 Chief Information Security Officers (CISOs) to understand their approach to digital risk protection. The report found that only 6% of companies have avoided cyber attacks since 2020, and that the average cost of a single cyber attack is $2.1M. As a result, 92% of CISOs plan to increase their cybersecurity budgets in 2024. The report also found that mobile apps are seen as the greatest digital security risk.
CustomersInvestment
growth-positive
Global cybersecurity leader BrandShield nets $3.38m
BrandShield, a global cybersecurity company, has raised $3.38m in capital from investors including Gigi Levi Weiss from NFX, Sir Terry Leahy, Joseph Haykov, and William Curry. The company, which provides protection against various cyber threats through its AI/ML platform, has decided to delist from the London Stock Exchange (LSE) to accelerate its growth and increase its valuation. Since its Reverse Takeover (RTO) on the LSE in December 2020, BrandShield’s Annual Recurring Revenue (ARR) has increased significantly, and net losses have been reduced by 53%.
InvestmentPublic Trading
Growth-Negative
BrandShield Systems CFO Ravit Freedman Steps Down With Immediate Effect
BrandShield Systems, a London-listed cybersecurity company, announced the immediate resignation of its Chief Financial Officer, Ravit Freedman. The companys financial control function will continue to be managed by the accounting team in Israel and its outsourced finance function in the U.K., under the oversight of CEO Yoav Keren. The process to appoint a successor has begun and an announcement will be made in due course.
Management Changes
BrandShield Recognized by Frost & Sullivan as a Leader in Digital Risk Protection Services
growth-positive
BrandShield Systems unveils AI solution aimed at the $3 billion NFT economy
BrandShield Systems plc has unveiled NFT Shield, an AI solution aimed at combating digital asset fraud in the NFT economy. The product brings real-time intelligence and enforcement capabilities to major NFT marketplaces. BrandShield is offering the service for free to new and existing customers for a limited time. With the growth of the NFT space, the proliferation of digital asset fraud poses a high risk to brands, marketplaces, and customers. NFT Shield, combined with BrandShields existing solutions, provides comprehensive protection against external threats. The company has also joined the Blockchain Game Alliance to promote blockchain technology within the gaming industry.
CustomersPartners
| Sector | Cyber Security |
Funding
| Total funding | $11.33M |
| Last funding | Undisclosed |
| Stage | Mature |
| Rounds | 8 |
| Investors | 10 |
Team Members
4
Employees: 51-200
Web & Social Links
| Website | www.brandshield.com |
| Careers | Careers page |
Locations
Sokolov Street 81, Ramat HaSharon, Israel
174 West 4th Street, New York, NY 10014, USA
Photos & Videos
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