Security News > 2020 > June > INKY raises $20M to accelerate enterprise adoption, global expansion and its innovation roadmap

INKY Technology Corporation announced the company's $20 million Series B round of funding, led by global venture capital and private equity firm Insight Partners, to accelerate enterprise adoption, global expansion and its innovation roadmap.

The investment comes as INKY is experiencing rapidly accelerating adoption across large, global enterprises.

In conjunction with the investment, INKY is expanding the company's footprint across Europe, Asia and Latin America, to bring INKY to the global market.

Through a strategic buildout of the company's channel and partner programs, INKY can now service businesses of all sizes looking to prevent disruptive phishing attacks.

"This Series B funding gives us the resources we need to serve the incredible demand we're seeing from enterprise customers in particular, and will allow us to expand our go-to-market efforts globally," said Dave Baggett, Co-Founder and CEO of INKY. "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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