SlashNext, a Pleasanton, California-based leader in SaaS-based spear-phishing and human hacking defense across digital channels and apps, announced it raised $26 million in Series B venture capital funding.
With new investors Tom and Matt Gallo, Telia Group, and the ACTIVE Fund of the Ayala group, and participation from early investors Norwest, Wing, and Alter Ventures, the round brings SlashNext's total funding to $43 million.
SlashNext will scale its customer acquisition and operations domestically and internationally.
Company: SlashNext, Inc.
Round: Series B
Funding Month: October 2021
Additional Investors: Tom, Matt Gallo, Telia Group, ACTIVE Fund of the Ayala group, and participation from early investors Norwest, Wing, and Alter Ventures
Company Website: https://www.slashnext.com/
Software Category: End-to-end phishing protection services
About the Company: SlashNext is the authority on spear-phishing and human hacking, leading the fight together with its partners to protect the world's internet users from targeted phishing anywhere. SlashNext 360° Defense Service utilizes our patented AI SEERTM technology to detect zero-hour phishing threats by performing dynamic run-time analysis on billions of URLs a day through virtual browsers and machine learning. Take advantage of SlashNext's phishing defense services using mobile apps, browser extensions, and APIs that integrate with leading mobile endpoint management and IR services. SlashNext has experienced significant growth over the last twelve months since its SlashNext 360° Defense-as-a-Service launched with adoption in Fortune 100 accounts and across technology, healthcare, financial services, retail, and entertainment verticals. In addition, the company has developed key resell partnerships with Palo Alto Networks XSOAR Marketplace, Microsoft Azure Marketplace, Synnex, and over 50 VAR partners.