Jericho Security, a New York-based cybersecurity firm specialising in AI-powered employee awareness training, has secured $15m in a Series A funding round.
According to Security Week, the investment was led by Era Fund, with participation from Dash, Distique, Fog, Gaingels Enterprise and Gaingels AI, HENRY, Lux Capital, Metalab, Plug & Play, and Textbook. This latest round brings Jericho Security’s total funding to $20m.
Founded in 2023, Jericho Security has developed cutting-edge solutions to help organisations defend against cyberthreats, including phishing attacks and AI-enabled deepfakes. Its platform uses generative AI to create highly personalised and realistic simulations, designed to train employees to spot and respond to threats.
Back in 2023, Jericho Security announced that it had secured $3m in funding. The pre-seed round was led by Era, and included investment from Lux Capital LP, FoundersXFund LLC, MetaLabs Inc, Alcove Inc., Textbook LLC, Alumni Venture Group, Thorntree Capital Partners LP, and Contrary Capital LLC.
The company plans to use the new capital to recruit cybersecurity talent, enhance its research and development capabilities, and expand its go-to-market strategies.
Jericho Security’s platform stands out for its use of dark web intelligence, replicating genuine attacker tactics to continuously adapt training material to the specific needs of each team member. Organisations can easily access Jericho Security’s services through a self-service portal offering a seven-day free trial, with the option to transition to a paid subscription without needing to engage with a sales representative.
Jericho Security CEO Sage Wohns said, “Phishing isn’t static like templates anymore. It’s dynamic. It learns. It targets. And it won’t be stopped by outdated rules or legacy infrastructure. We knew the future required a new kind of defense — one powered by intelligent, collaborative AI agents that could outlearn and outmaneuver the most sophisticated threats.”
Elsewhere in the cybersecurity arena, Lattica, a cloud-based platform pioneering the secure and private use of AI through Fully Homomorphic Encryption (FHE), has emerged from stealth with fresh backing to drive its ambitious plans.
Lattica’s technology is designed to establish a critical new standard for sectors such as healthcare, finance and government, where concerns around data privacy and security have slowed AI adoption. Its platform leverages FHE to ensure all communications between AI providers and end users remain encrypted throughout the process, eliminating the need for decryption.
Also, SquareX, a CyberTech pioneering BDR technology, has announced the close of a $20m Series A funding round.
SquareX provides its users a unique solution in browser security by transforming any selected browser into an enterprise-grade secure browser through a simple extension. Unlike traditional enterprise browsers that often create friction for users, SquareX’s technology offers something different – it provides the functionality of dedicated secure browsers without requiring disruptive change management.
Last week, Dataminr, one of the world’s leading artificial intelligence companies specialising in real-time information discovery, announced a new $100m investment from Fortress Investment Group.
Dataminr develops cutting-edge AI solutions that help corporations and governments detect risks, events and critical information from publicly available data. Its platform uses advanced multi-modal fusion AI to synthesise inputs from images, video, sound, sensor data, and text across 150 languages and more than one million public sources.
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