8 years ago
ZoneFox Raises €4.2 Million to Combat Insider Threats
ZoneFox, a Scottish cyber-security software specialist, has secured €4.2 million in Series A funding led by Archangels, with co-investment from The Scottish Investment Bank and TriCap
The funding will be used to grow the business, including product development, hiring, and expanding into a new headquarters in Edinburgh and a London office
ZoneFox's focus on combating insider threats has led to significant growth, with a 400% increase in revenue in the past year
The company's machine learning-based solution, ZoneFox Augmented Intelligence (AI), is considered one of the most advanced of its kind in the UK.
ProblemTechnology
"sophisticated insider threats to businesses"
Solution
"ZoneFox Augmented Intelligence (AI), a machine learning-based solution to detect and combat insider threats"