# Cofense

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cofense

- Industry: IT Security/Cybersecurity
- Headquarters: Leesburg, US
- Website: https://cofense.com/
- Total disclosed funding: $58M
- Latest round: Series C (Jun 13, 2016)
- Investors on record: 3

## About

Cofense Inc., based in the US, specializes in cybersecurity solutions aimed at phishing detection and response, bolstered by security awareness training and intelligence services to improve organizational defenses against cyber threats.Founded in 2011 in Leesburg, US, Cofense Inc. develops cybersecurity solutions that enhance phishing detection and response. The company was established by Rohyt Belani, who has a history in cybersecurity ventures. Cofense has secured a total of USD 10.00 mn in funding, with its most recent deal occurring on April 28, 2020, when BlackRock invested USD 10.00 mn to strengthen its stake in the company.Cofense specializes in cybersecurity solutions focused on phishing detection and response, security awareness training, and intelligence services. Their core offerings include an expert-supervised platform that combines phishing detection with rapid remediation and real-time training to address threats that standard security measures often overlook. Cofense’s technology enhances existing email security systems by utilizing AI-driven insights alongside human expertise, delivering high-confidence alerts and continuous training simulations that help mitigate user-driven risks. The company serves a diverse client base, including large enterprises across various sectors such as manufacturing, technology, and healthcare, with a strong presence in North America, Europe, and Asia-Pacific markets. The solutions are designed to empower organizations to proactively defend against evolving phishing threats and elevate their overall cybersecurity posture.Cofense generates revenue primarily through subscription-based models for its cybersecurity solutions and services. Clients typically engage in annual contracts that provide access to Cofense's platform, including features such as phishing detection, training modules, and threat intelligence. Pricing plans are structured to cater to the specific needs of organizations, with options for scaling based on the number of users or the level of service required. These transactions often unfold in a B2B environment, where organizations partner with Cofense to enhance their email security protocols, thus fostering ongoing relationships aimed at reducing cybersecurity risks. The firm maintains a focus on building long-term partnerships with its clients, delivering value through continuous updates and enhancements to its offerings.Cofense plans to utilize the recent funding from BlackRock to advance its product development initiatives. The company is designing new features aimed at enhancing its phishing detection capabilities, with an expected release in the near future. Additionally, Cofense is targeting expansion into the European and Asia-Pacific markets, intending to establish a stronger presence by the end of 2022. This strategic move is aimed at increasing its global footprint and addressing the rising demand for advanced cybersecurity solutions in these regions.

## Funding rounds

- Series C, Jun 13, 2016, $43M — Paladin Capital Group, Bessemer Venture Partners
- Series B, Dec 19, 2014, $13M — Paladin Capital Group, Aldrich Capital Partners
- Series A, Jul 26, 2012, $2.5M — Paladin Capital Group

## Investors

- Paladin Capital Group (https://capitalatlas.ai/funds/paladin-capital-group) — Series A, Series B, Series C
- Aldrich Capital Partners (https://capitalatlas.ai/funds/aldrich-capital-partners) — Series B
- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Series C