Guardio raises $40M at $1.1B valuation to enhance consumer cybersecurity
Israeli cybersecurity startup Guardio Ltd. today announced it has raised $40 million in new funding at a $1.1 billion valuation.
Wiz co-founder and Chief Executive Assaf Rappaport joined the round alongside existing investors ION Crossover Partners, Union Tech Ventures, Vintage Investment Partners, Cerca Partners, and Emerge Ventures. The round brings the company’s total to date to $167 million, including an $80 million Series B led by ION in November.
The company employs artificial intelligence to bring enterprise-grade cybersecurity to consumers, protecting them from scams, phishing, malicious websites and identity theft risks with their browsing, email, texting and device use. Its core product is a detection engine that proactively flags or blocks risky links, fake login pages, dangerous downloads and scam messages before users act on them.
The same AI that has become the mainstay of enterprise-level defenses also enables scammers and malicious actors to trick people into revealing sensitive information.
