PhishMe Closes $13 Million Investment with Paladin Capital Group and Aldrich Capital Partners
New Funding to Accelerate Market Expansion, Drive Technology Roadmap to Close the People Gap in Security
PhishMe Inc., the leading provider of phishing threat management solutions that empower employees to be a layer of human security sensors against phishing, malware, and drive-by attacks, today announced it has raised $13 million in Series B funding led by existing investor Paladin Capital Group and new investor Aldrich Capital Partners. This round brings PhishMe’s total funding amount to more than $15 million. As part of the agreement, Raheel (Raz) Zia, Partner at Aldrich Capital, will join PhishMe’s board of directors as an observer.
During 2014, PhishMe continued its aggressive growth trajectory achieving the following key milestones:
- Revenue grew by 100% in 2014, with the 4th quarter being the largest in company history
- Headcount doubled and surpassed 100 employees with the addition of strong sales veterans from leading security vendors such as Secureworks and Websense
- Moved into a new headquarters office in Northern Virginia
- Opened offices in London and Dubai to locally serve customers in the European and Middle Eastern markets.