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Home > Cybersecurity > IRONSCALES announced $8M Series B extension

IRONSCALES announced $8M Series B extension

IRONSCALES announced it has closed an $8 million Series B extension led by Chicago-based venture and growth capital firm Jump Capital.


Erdem Yasar Erdem Yasar
August 12, 2020
1 min read
IRONSCALES announced $8M Series B extension

Self-learning email security company IRONSCALES announced $8 million Series B extension led by Chicago-based venture and growth capital firm Jump Capital. The news funding will add to the $15 million previously contributed by current investor K1 Investment Management. The company stated that the new funding will be used to further accelerate its aggressive growth strategy through market expansion and ongoing research and development of its email security platform.

Global email phishing epidemic

Eyal Benishti, IRONSCALES founder and CEO
Eyal Benishti, IRONSCALES founder and CEO

The company also stated that as a result of funding round extension, Jump Capital Partner Saurabh Sharma will join the IRONSCALES Board of Directors. Eyal Benishti, IRONSCALES founder and CEO said,

“While we weren’t actively seeking capital, partnering with Jump was too good of an opportunity for us to pass up. With this Series B extension, and with Jump and McNulty on our team, we will be able to accelerate our marketplace momentum through investments in both people and technology, helping reduce the risk from what has become a global email phishing epidemic.”

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Tags: IRONSCALES
Erdem Yasar

Erdem Yasar

Erdem Yasar is a news editor at Cloud7. Erdem started his career by writing video game reviews in 2007 for PC World magazine while he was studying computer engineering. In the following years, he focused on software development with various programming languages. After his graduation, he continued to work as an editor for several major tech-related websites and magazines. During the 2010s, Erdem Yasar shifted his focus to cloud computing, hosting, and data centers as they were becoming more popular topics in the tech industry. Erdem Yasar also worked with various industry-leading tech companies as a content creator by writing blog posts and other articles. Prior to his role at Cloud7, Erdem was the managing editor of T3 Magazine.

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