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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.
Social
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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
Ranked
Employee Count
731 as on Dec 31, 2022
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by BlackRock (Aug 22, 2019)

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:lockFilter this list
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
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Cofense's founders and board of directors

Founder? Claim Profile
The founders of Cofense are Aaron Higbee and Rohyt Belani. Rohyt Belani is the CEO of Cofense.
Here are the details of Cofense's key team members:

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

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:
Employee count trend for Cofense
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Mimecast
Mimecast
2003, London (United Kingdom), Acquired
Provider of cloud-based security solutions for email and collaboration security
$261M
77/100
2nd
Logo for Cofense
Cofense
2008, Leesburg (United States), Acquired
Provider of an AI-powered platform for phishing detection and remediation
$58M
74/100
3rd
Logo for Arcode
Arcode
2008, Bethesda (United States), Acquired
E-mail security solutions provider
$31.6M
61/100
4th
Logo for VIPRE
VIPRE
1948, Clearwater (United States), Acquired
Provider of cybersecurity solutions, including email and endpoint protection services
-
-
59/100
5th
Logo for Hornetsecurity
Hornetsecurity
2007, Hannover (Germany), Acquired
Provider of Microsoft 365 security, backup, governance, risk, and compliance
-
59/100
6th
Logo for Zivver
Zivver
2015, Amsterdam (Netherlands), Acquired
Provider of email security solutions for data loss prevention and compliance
$32.2M
59/100
7th
Logo for Normalyze
Normalyze
2020, Los Altos (United States), Acquired
Provider of cybersecurity solutions protecting interactions across people, data, and AI
$26.6M
59/100
8th
Logo for Iron Scales
Iron Scales
2013, Atlanta (United States), Series C
Provider of AI-powered email security solutions protecting against advanced email threats
$95M
58/100
9th
Logo for Abnormal
Abnormal
2018, Las Vegas (United States), Series D
Detects threats across email and cloud using behavior-based AI
$557M
53/100
10th
Logo for Area 1 Security
Area 1 Security
2014, Menlo Park (United States), Acquired
Detection and prevention of targeted phishing attacks
$82.5M
52/100
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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

lockFilter this list
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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