What is ZeroFox?
ZeroFox specializes in protecting modern organizations from a spectrum of risks including social media security, brand protection, and physical security threats. The company's AI-driven platform analyzes millions of posts, messages, and accounts daily across various digital channels such as LinkedIn, Facebook, Slack, Twitter, Instagram, Reddit, and the deep and dark web. Recognized as a Leader in Digital Risk Monitoring by Forrester, ZeroFox's technology is designed to combat targeted phishing attacks, credential compromise, data exfiltration, brand hijacking, and executive location threats. The company is led by a seasoned team of information security and high-growth company veterans.
How much funding has ZeroFox raised?
ZeroFox has raised a total of $114.2M across 4 funding rounds:
Angel/Seed
$2.2M
Series A
$11M
Series B
$27M
Unspecified
$74M
Angel/Seed (2013): $2.2M with participation from Genacast Ventures and Core Capital
Series A (2014): $11M led by Todd Headley, Enrique Salem, ClearSlide, TCP Venture Capital, Dingman Center Angels, Michael Fey, Core Capital Partners LLP, and Kenneth Levine
Series B (2015): $27M supported by Highland Capital Partners
Unspecified (2020): $74M featuring Intel Capital, Redline Capital Management, Hercules Capital, Highland Capital Partners, Core Capital, and NEA
Key Investors in ZeroFox
NEA
NEA (New Enterprise Associates) is a prominent global venture capital firm known for investing in companies across various stages and sectors, with a strong focus on technology and healthcare. They provide significant capital and strategic guidance to help portfolio companies scale and achieve market leadership.
Redline Capital Management
Redline Capital Management is an investment firm that focuses on providing growth capital to technology companies. They are known for backing innovative businesses with strong potential for disruption and market expansion.
Hercules Capital
Hercules Capital is a specialty finance company that provides senior secured venture growth loans to high-growth, innovative venture capital-backed companies, particularly in the technology and life sciences sectors. They offer flexible financing solutions to support companies through critical growth phases.
What's next for ZeroFox?
With a substantial capital infusion, ZeroFox is poised for accelerated growth and innovation in the digital risk protection space. The company's strategic investment, following a history of significant funding rounds, indicates a strong market validation and confidence from its backers. This capital will likely be deployed to enhance its AI capabilities, expand its platform's reach to new digital channels, and strengthen its market penetration. The focus on enterprise-level security solutions positions ZeroFox to capitalize on the increasing demand for comprehensive digital threat management as organizations navigate an ever-evolving threat landscape.
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