Security News > 2020 > June > Anti-Phishing Firm INKY Raises $20 Million

College Park, MD-based phish prevention firm INKY has raised $20 million in a Series B funding round led by Insight Partners.

The firm brings artificial intelligence in the form of machine learning and computer vision technology to the recognition and handling of phishing emails.

"Despite the ever-increasing volume of phishing scams, incumbent vendors cannot solve this problem. INKY's sophisticated machine learning-based approach to identifying phishing attacks provides enterprises with an effective weapon against phishing."

For standard phishing attacks, INKY checks the validity of the sending domain, and scans the email body for indications of malicious intent.

"We're excited to continue to invest in innovative new ways to protect companies of all sizes from email-borne threats of all kinds. INKY has seen phishing attacks more than double since the COVID-19 pandemic began, creating an even more urgent need for us to deploy our solution globally and at scale."

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