# SlashNext

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

- Industry: IT Security/Cybersecurity
- Headquarters: Pleasanton, US
- Total disclosed funding: $35M
- Latest round: Series B (Oct 28, 2021)
- Investors on record: 5

## About

SlashNext, Inc. specializes in cybersecurity solutions, focusing on email and messaging security to enhance protection against sophisticated digital threats using advanced artificial intelligence technology.Founded in 2015 and headquartered in Pleasanton, US, SlashNext, Inc. provides cybersecurity services aimed at combating phishing and other online threats. The company completed a Series B funding round in August 2021, raising USD 26.00 mn from investors including Kickstart Ventures and Telia Company AB, along with returning investors Alter Venture Partners, Norwest Venture Partners, and Wing. The company has made two significant deals to date.SlashNext offers a comprehensive suite of cybersecurity solutions centered on email and messaging security. Its flagship product, SlashNext Integrated Cloud Email Security, enhances Microsoft Defender by addressing zero-hour linked-based attacks and natural language threats. Utilizing advanced technologies like natural language processing and machine learning, it achieves a detection rate of 99.99%, with minimal false positives. Serving a diverse clientele across healthcare, finance, and technology sectors in North America, Europe, and Asia-Pacific, the company ensures robust protection through a centralized management system compatible with various deployment environments.SlashNext's revenue model is primarily subscription-based, centered on its flagship offering, SlashNext Complete™, which provides multi-channel protection across email, SMS, mobile, and web messaging. The company engages in B2B agreements with mid to large enterprises focused on safeguarding against business email compromise and phishing threats. Clients typically enter annual or multi-year agreements, gaining access to a full suite of services and real-time APIs for automated incident response, with pricing tailored to meet the specific needs of each enterprise.

## Funding rounds

- Series B, Oct 28, 2021, $26M — Norwest Venture Partners, Telia Company AB, Wing, Kickstart Ventures, Alter Venture Partners
- Series A, Apr 4, 2017, $9M — Norwest Venture Partners, Wing

## Investors

- Norwest Venture Partners (https://capitalatlas.ai/funds/norwest-venture-partners) — Series A, Series B
- Wing (https://capitalatlas.ai/funds/wing) — Series A, Series B
- Telia Company AB — Series B
- Kickstart Ventures (https://capitalatlas.ai/funds/kickstart-ventures) — Series B
- Alter Venture Partners (https://capitalatlas.ai/funds/alter-venture-partners) — Series B