IRONSCALES, an Atlanta, Georgia-based leading provider of AI-powered email security solutions, announced that it raised $64 million in a Series C funding round.

The round was led by PSG, a leading growth equity firm partnering with middle-market software and technology-enabled services companies, with participation from existing investors K1 Investment Management and Jump Capital.

The company plans to use the new funding to expand its international footprint and continue to grow its platform’s capabilities.

Company: IRONSCALES

Raised: $64.0M

Round: Series C

Funding Month: December 2021

Lead Investors: PSG

Additional Investors: K1 Investment Management and Jump Capital

Company Website: https://ironscales.com/

Software Category: API-based email security software platform

About the Company: Founded in 2014, IRONSCALES is a leading email security company focused on fighting back against today’s modern phishing attacks. IRONSCALES’ cloud-native, API-based email security software platform is self-learning to continuously detect and remediate advanced threats, such as business email compromise, credential harvesting, and account takeover in companies’ mailboxes. The platform reduces the identification of suspicious mail to seconds at scale across organizations. IRONSCALES serves over 5,000 organizations globally of all sizes and across industries.

Source: https://www.darkreading.com/endpoint/-ironscales-raises-64-million-in-series-c-funding-round-led-by-psg