The cybersecurity firm, which is known for its behavioral AI-powered platform, plans to use the funds to expand its customer base, develop new products, and prepare for an initial public offering in late 2025, according to co-founder and CEO Evan Reiser. Founded in 2018, the company initially focused on email security but has since broadened its protection to include collaboration and cloud platforms, with plans to secure a wider range of software-as-a-service applications.

Source: SC Magazine