# ZeroFOX

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

- Industry: Software
- Headquarters: Baltimore, US
- Website: www.zerofox.com
- Total disclosed funding: $92M
- Latest round: Series D (Feb 20, 2020)
- Investors on record: 10

## About

ZeroFOX, Inc. is a cybersecurity company based in the US that provides comprehensive solutions to protect brands and digital assets from online threats through advanced monitoring and analysis techniques.Founded in 2013 by Christopher Cullison, Evan Blair, and Hillary Herlehy, ZeroFOX, Inc. operates out of Baltimore, US. The firm specializes in external cybersecurity solutions, focusing on safeguarding digital assets from various online threats. The company has participated in 7 funding deals, with a notable Series D round in February 2020, raising USD 32.28 mn led by Intel Capital, alongside Core Capital Partners, Hercules Capital, Highland Capital Partners, New Enterprise Associates, and Redline Capital Management. As of this round, ZeroFOX has raised a total of USD 32.28 mn, achieving a company valuation of USD 395.87 mn.ZeroFOX specializes in comprehensive external cybersecurity solutions designed to safeguard brands, individuals, and digital assets from various online threats. Their core product offerings include Digital Risk Protection, Threat Intelligence, and External Attack Surface Management, which enable organizations to monitor and mitigate risks associated with social media, domains, and the deep and dark web. By continuously monitoring exposed digital assets, ZeroFOX helps clients identify vulnerabilities before they can be exploited by malicious actors. The company serves a diverse clientele, including four of the Fortune 10 and numerous Global 2000 companies across sectors such as financial services, healthcare, education, and retail. Geographically, ZeroFOX operates in multiple international markets, providing its services to organizations seeking to enhance their cybersecurity posture in North America, Europe, and Asia-Pacific.ZeroFOX generates revenue primarily through subscription-based models for its cybersecurity services, offering clients scalable solutions tailored to their specific needs. The company engages in B2B transactions, partnering with organizations to provide ongoing support and monitoring for their digital assets. Clients typically enter into annual contracts that encompass a suite of services, including real-time threat intelligence feeds and on-demand investigations conducted by dedicated analysts. Specific pricing plans for these services are structured to reflect the level of protection and monitoring required, based on the size and complexity of the client's digital landscape. ZeroFOX’s flagship offerings, including its Digital Risk Protection and Threat Intelligence services, are integral to its revenue model, providing clients with critical insights and protection against evolving cyber threats.In February 2020, ZeroFOX, Inc. raised USD 32.28 mn in Series D funding, led by Intel Capital, to accelerate its global expansion and enhance its artificial intelligence capabilities. The company plans to introduce new products designed to further bolster its service offerings, although specific product launch dates have not been disclosed. Additionally, ZeroFOX aims to expand into new markets, targeting regions in Europe and Asia-Pacific by 2023, utilizing the recent funding to support these strategic initiatives.

## Funding rounds

- Series D, Feb 20, 2020, $32M — Highland Capital Partners, New Enterprise Associates, Intel Capital, Core Capital Partners, Hercules Capital, Redline Capital Management
- Series C, May 26, 2017, $0.8M — Highland Capital Partners, New Enterprise Associates, Silver Lake, Core Capital, Redline Capital Management
- Series C, Apr 24, 2017, $19M — New Enterprise Associates, Silver Lake, Core Capital, Redline Capital Management, Highland Capital Partners
- Series B, Dec 4, 2015, $27M — Highland Capital Partners, New Enterprise Associates, Comcast Ventures, Core Capital Partners, Silicon Valley Bank
- Series A, Apr 30, 2014, $10M — New Enterprise Associates, Comcast Ventures, Core Capital Partners
- Seed, Jul 23, 2013, $2.2M — Comcast Ventures, Core Capital Partners

## Investors

- Comcast Ventures (https://capitalatlas.ai/funds/comcast-ventures) — Seed, Series A, Series B
- Core Capital Partners — Seed, Series A, Series B, Series D
- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Series A, Series B, Series C, Series D
- Highland Capital Partners (https://capitalatlas.ai/funds/highland-capital-partners) — Series B, Series C, Series D
- Silicon Valley Bank — Series B
- Silver Lake (https://capitalatlas.ai/funds/silver-lake) — Series C
- Core Capital — Series C
- Redline Capital Management (https://capitalatlas.ai/funds/redline-capital-management) — Series C, Series D
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series D
- Hercules Capital (https://capitalatlas.ai/funds/hercules-capital) — Series D