LEESBURG, Va. – March 22, 2023 – Cofense, a global email security company and leading provider of phishing detection and response (PDR) solutions, today announced that it has been recognized as one of the hottest privately held cybersecurity companies in this year’s JMP Securities Cyber 66 List. The annual report highlights the most well-positioned private cybersecurity companies that are finding success and influencing the landscape even through difficult times.
“While venture financing was rather muted in 2022 relative to the dramatic spike seen in 2021, our Cyber 66 companies have operated with resilience through a period of volatility and uncertainty,” says report co-author Trevor Walsh, Director of Equity Research at JMP Securities, A Citizens Company. “These dynamics coupled with supportive evidence from our macroeconomic survey results provide proof points to the cybersecurity industry’s continued importance and the opportunity presented to well-established companies and new innovators alike.”
This latest accolade continues the company’s strong momentum from 2022, which included several industry awards in email security and security awareness training, a 40% year-over-year increase in customer adoption of Cofense Vision, and double-digit year-over-year growth in total global sales. These wins represent the achievements of current products such as Cofense Intelligence, which detected 569% more malicious phishing emails and identified 595% more phishing campaigns inside enterprises’ inboxes in 2022.
Email continues to be one of the top attack vectors for cyberthreats, and Cofense is committed to providing best-in-class email security to keep our customers secure. With the only end-to-end email security solution powered global intelligence from 35+ million human reporters, AI and machine learning, our solutions are made to evolve with this ever-changing landscape,” said Rohyt Belani, CEO and co-founder of Cofense. “We are proud to be named as one of the top privately held cybersecurity companies, and we couldn’t be more excited to build on this momentum as we continue to strengthen our portfolio of email security solutions.”
Cofense will continue to enhance its end-to-end email security product suite with the introduction of a new product, Protect+, which will be available in spring of 2023. Protect+ is an all-in-one security solution that combines email threat protection, realistic phishing simulations and security awareness training to keep mid-sized organizations protected from today’s sophisticated email attacks such as malware and business email compromise (BEC).
To learn more about how Cofense is helping enterprise and mid-size businesses avoid a security breach, please click here.
About JMP Securities
JMP Securities, a Citizens company, is one of the country’s top middle-market investment banks, with a complete range of investment banking and institutional equities capabilities, an exceptionally strong team of professionals, and a broad client base across four high-growth segments of the economy: technology, healthcare, financial services, and real estate. JMP Securities was founded in San Francisco over two decades ago.
Cofense® is a global email security company and the leading provider of phishing detection and response solutions. As the only end-to-end email security solution powered by a global network of more than 35+ million users, Cofense applies a unique combination of automated intelligence sources to identify, protect, detect, and respond to email security threats. Utilizing crowdsourced intelligence and machine learning, our platform enables customers to proactively evolve with the threat landscape while better defending and protecting themselves against email attacks. With seamless integration into most major TIPs, SIEMs, and SOARs, Cofense solutions easily align with existing security ecosystems. Threat analysts in our five global phishing defense centers (operating 24×7) work to support Cofense’s more than 2,000 enterprise customers, including 25% of the Fortune 1000, across critical sectors such as defense, energy, financial services, healthcare, and manufacturing. With 27 patents, and more than 500 million simulations delivered, Cofense provides the technology and insight to help businesses improve security, remediate threats, and reduce the risk of compromise. For additional information, please visit www.Cofense.com or connect with us on Twitter and LinkedIn.