– LEESBURG, Virginia, Feb. 26, 2018 /PRNewswire/ — PhishMeR, the leading provider of human-driven phishing defense solutions world-wide, today announced that the company has been acquired and has changed its name to Cofense™. The acquisition by a private equity consortium valued the company at $400 Million.
“PhishMe was founded to challenge the cliche’ that people are the weakest link in security. Our 1700+ enterprise and mid-market customers affirm that not only can their employees be conditioned to be less susceptible to cyber-attacks, but, in fact they can be turned into sensors that provide very timely intelligence,” said Rohyt Belani, CEO and Co-Founder of Cofense. “The Cofense solution set leverages internal employee-generated attack intelligence in concert with purpose-built response technologies to break the attack kill chain at delivery. Cofense reflects the full breadth of our portfolio of enterprise-wide attack detection, response, and orchestration solutions.”
Cofense now has the added backing of multiple private equity firms to support future innovation via organic and inorganic growth initiatives. With hundreds of enterprise customers in more than 50 countries and across 23 industry verticals, Cofense will continue to deliver leading solutions in phishing defense by offering solutions that sit at the intersection of human intelligence and technology.
“This acquisition further strengthens the alignment between our management team, employees, and investors as we focus on building an enduring company,” continued Rohyt Belani. “With cybersecurity a top priority for organizations everywhere, our goal is to continue bringing innovative products to markets around the globe to help stop active attacks faster than ever.”
The new identity and acquisition comes on the heels of another year of explosive growth for the company, with major milestones including:
Cofense’s unique approach and stellar management team won a number of industry accolades in 2017, including:
Cooley LLP served as Cofense’s outside legal counsel, and Boston Meridian served as the company’s financial advisor for the acquisition. Learn more at phishme.com.
About Cofense Cofense™, formerly PhishMeR, is the leading provider of human-driven phishing defense solutions world-wide. Cofense delivers a collaborative approach to cybersecurity by enabling organization-wide engagement to active email threats. Our collective defense suite combines timely attack intelligence sourced from employees with best-in-class incident response technologies to stop attacks faster and stay ahead of breaches. Cofense customers include Global 1000 organizations in defense, energy, financial services, healthcare and manufacturing sectors that understand how changing user behavior will improve security, aid incident response and reduce the risk of compromise.
About Cooley LLPClients partner with Cooley on transformative deals, complex IP and regulatory matters, and high-stakes litigation, where innovation meets the law. Cooley has 900 lawyers across 12 offices in the United States, China and Europe. Cooley partner Andy Lustig led the M&A team advising Cofense.
About Boston MeridianBoston Meridian is an innovative investment bank focused on providing leading M&A and capital raising advisory services to growth companies. We provide senior partner focus to achieve rapid and successful results for our clients, unlocking the strategic value of technology.
Media Contact Nick LagalanteGlobal Corporate Communications COFENSE™[email protected]+1-571-393-2403
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