Company Overview
Snapshot
Founded in April 2021 by Israel Mazin, Alex Pinchev, Gideon Hazam, and Ori Mazin, Memcyco operates with 51–200 employees. The company has secured funding across three rounds from four investors, with a total capital raised of $47 million.
Business overview
Memcyco develops cutting-edge digital trust technologies designed to combat online brand impersonation fraud and prevent financial damages for businesses and their clients. The company's solution suite provides brands with real-time visibility into brand fraud attack attempts, their scope, and impact, fostering digital trust among end-users. Memcyco's agentless point-of-impact brand impersonation prevention solution safeguards digital assets and protects users from fraud across various industries and organization sizes, operating within the Cyber Security sector.
Strategic signal
This strategic capital infusion, which also saw follow-on participation from Capri Ventures and Venture Guides, signals strong investor confidence in Memcyco's advanced security platform. The funding is poised to accelerate the company's expansion and enhance its capabilities in identifying and thwarting AI-driven phishing attacks and account takeovers, reinforcing its position as a critical player in digital trust and brand protection.
Log in to access full profile ›Company Intelligence Q&A
- When was Memcyco founded and by whom?
- Memcyco was founded in April 2021 by Israel Mazin, Alex Pinchev, Gideon Hazam, and Ori Mazin.
- What was a key development in Memcyco's advisory board?
- In August 2023, Memcyco added cybersecurity executive Shira Rubinoff to its advisory board.
- What is the total capital raised by Memcyco?
- Memcyco has raised a total of $47 million across three funding rounds.