Company Overview
Snapshot
Founded in December 2013 by Eyal Benishti, IRONSCALES operates with 51–200 employees. The company has raised a total of $95 million across six funding rounds from five investors. In November 2024, PSG increased its holding in IRONSCALES, signaling continued investor confidence.
Business overview
IRONSCALES provides an AI-driven, self-learning email security platform designed to offer comprehensive protection against phishing attacks. The company's core technology leverages a decentralized, crowdsourced network to prevent, detect, and remediate phishing threats rapidly. Serving organizations of all sizes, IRONSCALES operates within the Cyber Security sector, focusing on endpoint security, and utilizes artificial intelligence and machine learning to enhance its security solutions.
Strategic signal
In November 2024, Elron Ventures divested its stake in IRONSCALES for $26 million, while PSG simultaneously increased its investment. This transaction indicates a significant shift in the company's ownership structure and a strong vote of confidence from PSG, suggesting a strategic move towards further growth and market consolidation within the cybersecurity landscape.
Log in to access full profile ›Company Intelligence Q&A
- What was a significant investor activity for IRONSCALES in late 2024?
- In November 2024, Elron Ventures cashed out its stake in IRONSCALES for $26 million, while PSG increased its holding in the company.
- When did IRONSCALES secure its Series C funding round?
- In December 2021, IRONSCALES secured its Series C funding round, led by PSG, with participation from K1 Investment Management.
- Which company selected IRONSCALES for enterprise email security in late 2023?
- In December 2023, Chubb, a globally renowned fire safety and security business, selected IRONSCALES to replace its existing SEG for enterprise email security solutions.
- What was a key partnership announced by IRONSCALES in August 2022?
- In August 2022, IRONSCALES announced a partnership with distributor Distology to provide comprehensive email security across the UK and EMEA regions.
- When did IRONSCALES expand its security awareness training functionality?
- In August 2022, IRONSCALES launched expanded security awareness training functionality to enhance its offerings.