Agari, a company that uses artificial intelligence to protect organizations from email threats, announced Friday that it earned $40 million in a Series E round of funding, led by Goldman Sachs. Companies and agencies are increasingly throwing money into email security, as malicious emails and spoofed domains are a leading cause of enterprise security issues. Olga Kaplan, a vice president with Goldman Sachs, is joining Agari as part of the deal. “The overwhelming majority of cyberattacks still originate via email, and are becoming increasingly sophisticated. Agari takes a fundamentally different approach by leveraging identity modeling and machine learning to prevent cyber attacks that legacy technologies simply do not stop,” Kaplan said in a statement. Agari counts big names like Facebook, Google, Microsoft and the U.S. Postal Service as customers, among others. The company says it plans to use the new funding to add to its customer base and expand in […]
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