Cofense - About the company
Cofense is an acquired company based in Leesburg (United States), founded in 2008 by Aaron Higbee and Rohyt Belani. It operates as a Provider of an AI-powered platform for phishing detection and remediation. Cofense has raised $58M in funding from Paladin Capital, with last known valuation of $*****. The company has 119 active competitors, including 13 funded and 15 that have exited. Its top competitors include companies like Mimecast, Arcode and VIPRE.
Company Details
Provider of an AI-powered platform for phishing detection and remediation. The platform combines artificial intelligence with human expertise to identify and address email-based threats that bypass standard security measures. It offers tools for threat analysis, incident response, and security awareness training. The platform aims to improve security operations efficiency and reduce the risk associated with phishing attacks.
- Website
- cofense.com
- Phone Number
- +1 **********
- Registered Address
- Leesburg, Virginia
Key Metrics
Founded Year
2008
Location
Leesburg, United States
Stage
Acquired
Total Funding
$58M in 4 rounds
Latest Funding Round
Last Known Valuation
$***** as on Jul 16, 2016
Investors
Ranked
2nd among 119 active competitors
Employee Count
731 as on Dec 31, 2022
Exit Details
Acquired by BlackRock (Aug 22, 2019)
Legal entities associated with Cofense
Cofense is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Cofense Inc. CIN: 745173 , United States, Active | Mar 30, 2023 | - | - | - |
Phishme Inc CIN: 274515022 , United States, Active | Dec 31, 1999 | - | 177 (As on Dec 31, 2024) | - |
Cofense's acquisition details
Cofense got acquired by BlackRock on Aug 22, 2019. It was facilitated by Evercore.
Click here to take a look at Cofense's acquisition in detail
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Cofense's funding and investors
Cofense has raised a total funding of $58M over 4 rounds. Its first funding round was on Jul 26, 2012. Its latest funding round was a Series C round on Jun 2017 for $*****. 1 investor participated in its latest round. Cofense has 6 institutional investors.
Here is the list of recent funding rounds of Cofense:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 2017 | 3503411 | Series C | 2028571 | 9360651 | 5292501 | 3025397 |
Jul 16, 2016 | 5680297 | Series C | 4391353 | 6153500 | 4672202 | |
Mar 26, 2015 | 5753145 | Series B | 3284463 | 1802430 | 6960800 |
View details of Cofense's funding rounds and investors
Cofense's founders and board of directors
Founder? Claim ProfileHere are the details of Cofense's key team members:
- Aaron Higbee: Former Co-Founder & CTO of Cofense. They serve on the boards of 2 companies.
- Rohyt Belani: CEO of Cofense. They serve on the board of 1 company.
Cofense's Board of Directors
Cofense's board has 5 active members. Aaron Higbee, Rohyt Belani, Christopher Steed, Jason Clark and James Hansen are independent board members.Here is the list of Cofense's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 13y 7m | |
fqgym{z | Independent board member | - | Current | 4y 1m |
pyzn{fo | Independent board member | - | Current | 1y 8m |
wwlanat | Independent board member | - | Current | 2y 8m |
jcmwcls | Independent board member | - | Current | 1y 4m |
View details of Cofense's Founder profiles and Board Members
Cofense's employee count trend
Cofense has 731 employees as of Dec 22. The total employee count is 64.0% more than what it was in Dec 21. Here is Cofense's employee count trend over the years:
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Cofense's Competitors and alternates
Top competitors of Cofense include Mimecast, Arcode and VIPRE. Here is the list of Top 10 competitors of Cofense, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Mimecast 2003, London (United Kingdom), Acquired | Provider of cloud-based security solutions for email and collaboration security | $261M | 77/100 | |
2nd | Cofense 2008, Leesburg (United States), Acquired | Provider of an AI-powered platform for phishing detection and remediation | $58M | 74/100 | |
3rd | Arcode 2008, Bethesda (United States), Acquired | E-mail security solutions provider | $31.6M | 61/100 | |
4th | VIPRE 1948, Clearwater (United States), Acquired | Provider of cybersecurity solutions, including email and endpoint protection services | - | - | 59/100 |
5th | Hornetsecurity 2007, Hannover (Germany), Acquired | Provider of Microsoft 365 security, backup, governance, risk, and compliance | - | 59/100 | |
6th | Zivver 2015, Amsterdam (Netherlands), Acquired | Provider of email security solutions for data loss prevention and compliance | $32.2M | 59/100 | |
7th | Normalyze 2020, Los Altos (United States), Acquired | Provider of cybersecurity solutions protecting interactions across people, data, and AI | $26.6M | 59/100 | |
8th | Iron Scales 2013, Atlanta (United States), Series C | Provider of AI-powered email security solutions protecting against advanced email threats | $95M | 58/100 | |
9th | Abnormal 2018, Las Vegas (United States), Series D | Detects threats across email and cloud using behavior-based AI | $557M | 53/100 | |
10th | Area 1 Security 2014, Menlo Park (United States), Acquired | Detection and prevention of targeted phishing attacks | $82.5M | 52/100 |
Looking for more details on Cofense's competitors? Click here to see the top ones
Cofense's Investments and acquisitions
Cofense has acquired 2 companies including Cyberfish and Malcovery Security. Cofense has not made any investments as of now.Reports related to Cofense
Here is the latest report on Cofense's sector:
News related to Cofense
Media has covered Cofense for a total of 3 events in the last 1 year, 2 of them have been about company updates and 1 about people movement.
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Cofense enhances phishing defense with Smart Reinforcement training and Triage 1.30SiliconAngle•Dec 09, 2025•Cofense
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Morphisec Appoints Rohyt Belani as Strategic Advisor for Channel GrowthChannelLife•Sep 23, 2025•Cofense, MorphiSec, Mandiant, Foundstone
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Cofense Unveils Vision 3.0 with Sub-Minute Threat Containment Capabilities and Deeper InsightsBusiness Wire•Aug 19, 2025•Cofense
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Cofense announces client-specific, privacy-assured AI spam filteringSecurityInfoWatch•Oct 25, 2024•Cofense
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Cofense announces Client-Specific Privacy-Assured AI Spam FilteringMarTech Series•Oct 23, 2024•Cofense
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Cofense Adds Email Security Risk Management and Validation Reporting to PhishMe®Business Wire•Jun 26, 2024•Cofense
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Trustwave appoints new SVP of engineering, Keith IbarguenChannelLife•May 07, 2024•Trustwave, Cofense
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